Robert Half Inc (RHI) is overvalued and TriNet Group Inc (TNET) is undervalued.
Against our estimates of intrinsic value, TNET trades at the wider discount: a margin of safety of +22%, against -233% for RHI.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.1% (average of 2 methods) values the shares at $11.30; the price of $37.58 is 233% above that value.
Leak Score 0/100 on 2 of 12 signals
Discounting its cash flows at 8.8% (average of 3 methods) values the shares at $85.64; the price of $66.71 is 22% below that value, and 76% of that value comes from beyond year five.
Leak Score 100/100 on 3 of 12 signals
| Metric | RHI | TNET |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $37.58 | $66.71 |
| Intrinsic value | $11.30 | $85.64 |
| Margin of safety | -233% | +22% |
| Leak Score | 0/100 (2/12) | 100/100 (3/12) |
| Market cap | $3.8B | $3.1B |
| Revenue growth, 5 years | 1.0% | 4.4% |
| Operating margin | 0.2% | 6.6% |
| Net margin | 2.2% | 3.6% |
| Return on equity | 9.1% | 150.9% |
| Debt to equity | 0.20 | 7.60 |
| P/E | 32.7x | 17.9x |
| Forward P/E | 19.1x | 13.6x |
| P/B | 3.2x | 24.5x |
| Dividend yield | 5.6% | 1.7% |