SoFi Technologies Inc (SOFI) is undervalued and Synchrony Financial (SYF) is undervalued.
Against our estimates of intrinsic value, SOFI trades at the wider discount: a margin of safety of +40%, against +34% for SYF.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 14.1% (average of 3 methods) values the shares at $28.62; the price of $17.16 is 40% below that value, and 63% of that value comes from beyond year five.
Leak Score 50/100 on 9 of 12 signals
Book value at 2.18x, the multiple a 20.8% return on equity justifies, blended with earnings, values the shares at $109.41; the price of $72.67 is 34% below that value.
Leak Score 80/100 on 7 of 12 signals
| Metric | SOFI | SYF |
|---|---|---|
| Verdict | Undervalued | Undervalued |
| Price | $17.16 | $72.67 |
| Intrinsic value | $28.62 | $109.41 |
| Margin of safety | +40% | +34% |
| Leak Score | 50/100 (9/12) | 80/100 (7/12) |
| Market cap | $22.2B | $23.6B |
| Revenue growth, 5 years | 44.7% | 8.3% |
| Operating margin | 15.3% | 28.5% |
| Net margin | 11.4% | 18.1% |
| Return on equity | 7.1% | 20.8% |
| Debt to equity | 0.31 | 0.97 |
| P/E | 36.2x | 7.5x |
| Forward P/E | 20.9x | 7.0x |
| P/B | 2.0x | 1.6x |
| Dividend yield | — | 1.8% |