Mattel Inc (MAT) is undervalued and YETI Holdings Inc (YETI) is slightly overvalued.
Against our estimates of intrinsic value, MAT trades at the wider discount: a margin of safety of +20%, against -11% for YETI.
Values as of the 22 Sept 2026 close.
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
Discounting its cash flows at 11.9% (average of 3 methods) values the shares at $39.36; the price of $43.58 is 11% above that value, and 67% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | MAT | YETI |
|---|---|---|
| Verdict | Undervalued | Slightly overvalued |
| Price | $13.21 | $43.58 |
| Intrinsic value | $16.60 | $39.36 |
| Margin of safety | +20% | -11% |
| Leak Score | 84/100 (3/12) | 59/100 (3/12) |
| Market cap | $3.8B | $3.2B |
| Revenue growth, 5 years | 3.1% | 11.3% |
| Operating margin | 8.7% | 12.2% |
| Net margin | 7.8% | 9.2% |
| Return on equity | 20.5% | 25.3% |
| Debt to equity | 1.37 | 0.42 |
| P/E | 9.7x | 19.0x |
| Forward P/E | 8.3x | 13.0x |
| P/B | 1.9x | 5.2x |
| Dividend yield | — | 1.0% |