Otter Tail Corp vs Seaboard Corp

Otter Tail Corp (OTTR) is slightly undervalued and Seaboard Corp (SEB) is undervalued.

Against our estimates of intrinsic value, SEB trades at the wider discount: a margin of safety of +41%, against +17% for OTTR.

Values as of the 22 Sept 2026 close.

Otter Tail Corp (OTTR)

Discounting its cash flows at 7.4% (average of 3 methods) values the shares at $108.73; the price of $90.23 is 17% below that value, and 82% of that value comes from beyond year five.

Leak Score 49/100 on 3 of 12 signals

Seaboard Corp (SEB)

Discounting its cash flows at 6.6% (average of 3 methods) values the shares at $7026.28; the price of $4124.09 is 41% below that value, and 85% of that value comes from beyond year five.

Leak Score 100/100 on 3 of 12 signals

MetricOTTRSEB
VerdictSlightly undervaluedUndervalued
Price$90.23$4124.09
Intrinsic value$108.73$7026.28
Margin of safety+17%+41%
Leak Score49/100 (3/12)100/100 (3/12)
Market cap$3.8B$4.0B
Revenue growth, 5 years7.9%6.5%
Operating margin24.6%3.6%
Net margin14.8%6.2%
Return on equity10.7%12.3%
Debt to equity0.670.36
P/E19.5x6.2x
Forward P/E17.3x
P/B2.0x0.7x
Dividend yield2.5%0.2%

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