SBA Communications Corp (SBAC) is fairly valued and Weyerhaeuser Co (WY) is overvalued.
Both trade above our estimate of their intrinsic value. SBAC is the closer of the two: -4%, against -337% for WY.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $169.34; the price of $175.84 is 4% above that value, and 75% of that value comes from beyond year five.
Leak Score 60/100 on 8 of 12 signals
Discounting its cash flows at 8.5% (average of 2 methods) values the shares at $4.93; the price of $21.54 is 337% above that value, and 77% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | SBAC | WY |
|---|---|---|
| Verdict | Fairly valued | Overvalued |
| Price | $175.84 | $21.54 |
| Intrinsic value | $169.34 | $4.93 |
| Margin of safety | -4% | -337% |
| Leak Score | 60/100 (8/12) | 0/100 (2/12) |
| Market cap | $18.7B | $15.5B |
| Revenue growth, 5 years | 6.2% | -1.7% |
| Operating margin | 53.7% | 6.2% |
| Net margin | 34.5% | 6.9% |
| Return on equity | — | 5.0% |
| Debt to equity | — | 0.58 |
| P/E | 18.9x | 32.9x |
| Forward P/E | 21.0x | 29.9x |
| P/B | — | 1.6x |
| Dividend yield | 2.8% | 3.9% |