Pinterest Inc (PINS) is overvalued and Reddit Inc (RDDT) is overvalued.
Both trade above our estimate of their intrinsic value. RDDT is the closer of the two: -83%, against -123% for PINS.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $8.23; the price of $18.39 is 123% above that value, and 77% of that value comes from beyond year five.
Leak Score 27/100 on 3 of 12 signals
Discounting its cash flows at 13.6% (average of 3 methods) values the shares at $84.92; the price of $155.67 is 83% above that value, and 64% of that value comes from beyond year five.
Leak Score 59/100 on 5 of 12 signals
| Metric | PINS | RDDT |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $18.39 | $155.67 |
| Intrinsic value | $8.23 | $84.92 |
| Margin of safety | -123% | -83% |
| Leak Score | 27/100 (3/12) | 59/100 (5/12) |
| Market cap | $10.4B | $30.0B |
| Revenue growth, 5 years | 20.1% | 57.3% |
| Operating margin | 6.3% | 28.2% |
| Net margin | 5.5% | 31.4% |
| Return on equity | 6.5% | 30.7% |
| Debt to equity | 0.41 | 0.01 |
| P/E | 53.6x | 36.2x |
| Forward P/E | 7.7x | 21.9x |
| P/B | 3.6x | 9.1x |