Sonos Inc (SONO) is overvalued and Turtle Beach Corp (TBCH) is overvalued.
Both trade above our estimate of their intrinsic value. TBCH is the closer of the two: -71%, against -5440% for SONO.
Values as of the 22 Sept 2026 close.
Its liquidation floor, current assets minus every liability, values the shares at $0.30; the price of $16.85 is 5440% above that value.
Leak Score 43/100 on 8 of 12 signals
Discounting its cash flows at 12.3% values the shares at $7.48; the price of $12.80 is 71% above that value, and 65% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | SONO | TBCH |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $16.85 | $12.80 |
| Intrinsic value | $0.30 | $7.48 |
| Margin of safety | -5440% | -71% |
| Leak Score | 43/100 (8/12) | 0/100 (2/12) |
| Market cap | $2.0B | $229M |
| Revenue growth, 5 years | 1.7% | -2.3% |
| Operating margin | 6.3% | 4.0% |
| Net margin | 3.8% | -1.1% |
| Return on equity | 14.2% | -3.2% |
| Debt to equity | 0.14 | 1.00 |
| P/E | 37.9x | — |
| Forward P/E | 64.8x | 11.9x |
| P/B | 5.1x | 2.8x |