Happen, Inc.
1.42xPrice / tangible book
Market cap
$2.02B
Tangible equity (USD)
$1.42B
Price / tangible book
1.42x
Price / book
1.35x
Net income / ending equity
9.0%
Net income / ending assets
1.2%
Efficiency ratio
—
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
LC · price snapshotP/E 15.08x
$17.49Snapshot Sep 7, 2026, 8:00 PM ET
Implied fair value · at JPM's multiple
$18.676.7% above market
1.16 LC Annual EPS×16.09x JPM P/E=$18.67
Market $17.49Implied $18.67
JPM · price snapshotP/E 16.09x
$322.22Close Dec 31, 2025
Implied fair value · at LC's multiple
$301.856.3% below market
20.02 JPM Annual EPS×15.08x LC P/E=$301.85
Market $322.22Implied $301.85