Altria Group Inc (MO) is overvalued and Universal Corp (UVV) is undervalued.
Against our estimates of intrinsic value, UVV trades at the wider discount: a margin of safety of +27%, against -33% for MO.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $51.57; the price of $68.64 is 33% above that value, and 80% of that value comes from beyond year five.
Leak Score 54/100 on 8 of 12 signals
Discounting its cash flows at 6.8% (average of 3 methods) values the shares at $59.80; the price of $43.48 is 27% below that value, and 84% of that value comes from beyond year five.
Leak Score 59/100 on 9 of 12 signals
| Metric | MO | UVV |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $68.64 | $43.48 |
| Intrinsic value | $51.57 | $59.80 |
| Margin of safety | -33% | +27% |
| Leak Score | 54/100 (8/12) | 59/100 (9/12) |
| Market cap | $114.6B | $1.1B |
| Revenue growth, 5 years | -0.7% | 8.1% |
| Operating margin | 71.6% | 6.2% |
| Net margin | 38.9% | 0.7% |
| Return on equity | — | 1.3% |
| Debt to equity | — | 0.88 |
| P/E | 14.4x | 58.0x |
| Forward P/E | 11.7x | 11.0x |
| P/B | — | 0.8x |
| Dividend yield | 6.3% | 7.6% |