LyondellBasell Industries NV (LYB) is slightly undervalued and Sherwin-Williams Co (SHW) is overvalued.
Against our estimates of intrinsic value, LYB trades at the wider discount: a margin of safety of +14%, against -125% for SHW.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 6.6% (average of 2 methods) values the shares at $69.16; the price of $59.24 is 14% below that value, and 84% of that value comes from beyond year five.
Leak Score 30/100 on 2 of 12 signals
Discounting its cash flows at 9.7% (average of 3 methods) values the shares at $146.16; the price of $328.35 is 125% above that value, and 73% of that value comes from beyond year five.
Leak Score 71/100 on 9 of 12 signals
| Metric | LYB | SHW |
|---|---|---|
| Verdict | Slightly undervalued | Overvalued |
| Price | $59.24 | $328.35 |
| Intrinsic value | $69.16 | $146.16 |
| Margin of safety | +14% | -125% |
| Leak Score | 30/100 (2/12) | 71/100 (9/12) |
| Market cap | $19.1B | $79.7B |
| Revenue growth, 5 years | 1.7% | 5.1% |
| Operating margin | 7.8% | 16.5% |
| Net margin | -1.1% | 11.0% |
| Return on equity | -2.3% | 65.1% |
| Debt to equity | 1.33 | 3.90 |
| P/E | — | 30.3x |
| Forward P/E | 9.5x | 24.2x |
| P/B | 1.8x | 20.7x |
| Dividend yield | 5.3% | 0.9% |