Starbucks Corp vs Texas Roadhouse Inc

Starbucks Corp (SBUX) is overvalued and Texas Roadhouse Inc (TXRH) is slightly overvalued.

Both trade above our estimate of their intrinsic value. TXRH is the closer of the two: -20%, against -185% for SBUX.

Values as of the 22 Sept 2026 close.

Starbucks Corp (SBUX)

Discounting its cash flows at 9.3% (average of 3 methods) values the shares at $33.32; the price of $95.11 is 185% above that value, and 75% of that value comes from beyond year five.

Leak Score 46/100 on 8 of 12 signals

Texas Roadhouse Inc (TXRH)

Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $138.80; the price of $166.12 is 20% above that value, and 77% of that value comes from beyond year five.

Leak Score 59/100 on 3 of 12 signals

MetricSBUXTXRH
VerdictOvervaluedSlightly overvalued
Price$95.11$166.12
Intrinsic value$33.32$138.80
Margin of safety-185%-20%
Leak Score46/100 (8/12)59/100 (3/12)
Market cap$108.4B$10.9B
Revenue growth, 5 years9.6%19.6%
Operating margin10.0%8.2%
Net margin5.2%6.6%
Return on equity27.5%
Debt to equity0.70
P/E54.8x26.6x
Forward P/E30.1x21.3x
P/B7.0x
Dividend yield2.6%1.8%

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