Marriott Vacations Worldwide Corp (VAC) is slightly undervalued and Wynn Resorts Ltd (WYNN) is undervalued.
Against our estimates of intrinsic value, WYNN trades at the wider discount: a margin of safety of +53%, against +15% for VAC.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.5% (average of 2 methods) values the shares at $116.32; the price of $99.15 is 15% below that value, and 82% of that value comes from beyond year five.
Leak Score 30/100 on 2 of 12 signals
Discounting its cash flows at 7.2% (average of 3 methods) values the shares at $176.42; the price of $82.51 is 53% below that value, and 83% of that value comes from beyond year five.
Leak Score 56/100 on 2 of 12 signals
| Metric | VAC | WYNN |
|---|---|---|
| Verdict | Slightly undervalued | Undervalued |
| Price | $99.15 | $82.51 |
| Intrinsic value | $116.32 | $176.42 |
| Margin of safety | +15% | +53% |
| Leak Score | 30/100 (2/12) | 56/100 (2/12) |
| Market cap | $3.4B | $8.5B |
| Revenue growth, 5 years | 11.8% | 27.8% |
| Operating margin | 10.4% | 16.3% |
| Net margin | -6.5% | 6.1% |
| Return on equity | -14.7% | — |
| Debt to equity | 2.69 | — |
| P/E | — | 19.8x |
| Forward P/E | 10.3x | 16.5x |
| P/B | 1.7x | — |
| Dividend yield | 2.7% | 1.3% |