Life Time Group Holdings Inc vs Mattel Inc

Life Time Group Holdings Inc (LTH) is fairly valued and Mattel Inc (MAT) is undervalued.

Against our estimates of intrinsic value, MAT trades at the wider discount: a margin of safety of +20%, against +3% for LTH.

Values as of the 22 Sept 2026 close.

Life Time Group Holdings Inc (LTH)

Discounting its cash flows at 9.6% (average of 3 methods) values the shares at $39.20; the price of $38.19 is 3% below that value, and 76% of that value comes from beyond year five.

Leak Score 14/100 on 3 of 12 signals

Mattel Inc (MAT)

Discounting its cash flows at 7.4% (average of 3 methods) values the shares at $16.60; the price of $13.21 is 20% below that value, and 81% of that value comes from beyond year five.

Leak Score 84/100 on 3 of 12 signals

MetricLTHMAT
VerdictFairly valuedUndervalued
Price$38.19$13.21
Intrinsic value$39.20$16.60
Margin of safety+3%+20%
Leak Score14/100 (3/12)84/100 (3/12)
Market cap$8.5B$3.8B
Revenue growth, 5 years25.9%3.1%
Operating margin17.2%8.7%
Net margin13.0%7.8%
Return on equity13.4%20.5%
Debt to equity1.291.37
P/E20.9x9.7x
Forward P/E20.9x8.3x
P/B2.6x1.9x

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