Marriott International Inc (MAR) is overvalued and Wyndham Hotels & Resorts Inc (WH) is slightly overvalued.
Both trade above our estimate of their intrinsic value. WH is the closer of the two: -16%, against -36% for MAR.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.3% (average of 3 methods) values the shares at $256.77; the price of $348.06 is 36% above that value, and 73% of that value comes from beyond year five.
Leak Score 63/100 on 8 of 12 signals
Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $58.51; the price of $67.86 is 16% above that value, and 80% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | MAR | WH |
|---|---|---|
| Verdict | Overvalued | Slightly overvalued |
| Price | $348.06 | $67.86 |
| Intrinsic value | $256.77 | $58.51 |
| Margin of safety | -36% | -16% |
| Leak Score | 63/100 (8/12) | 14/100 (3/12) |
| Market cap | $90.8B | $5.0B |
| Revenue growth, 5 years | 19.9% | 1.8% |
| Operating margin | 15.7% | 38.1% |
| Net margin | 9.6% | 14.7% |
| Return on equity | — | 39.6% |
| Debt to equity | — | 5.57 |
| P/E | 36.1x | 24.8x |
| Forward P/E | 26.6x | 12.8x |
| P/B | — | 10.5x |
| Dividend yield | 0.8% | 2.5% |