Home Depot's Q2 fiscal 2025 results were in line with expectations. Comparable sales increased by 1.0%, with U.S. comparable sales increasing by 1.4%. Net earnings remained flat at $4.6 billion, management reaffirms guidance for fiscal 2025 with total sales growth projected at 2.8% and comparable sales growth around 1.0% and an operating margin near 13.0%. Despite the strong management team Home Depot stock looks overvalued on a forward price-to-earnings basis, it currently trades at a forward PE of 26.55 also new estimates decreased the intrinsic value to $301.66, while current market price it's around $408.