Security valuation In general. the intrinsic value of an asset- the present value of the stream of expected cash flows discounted at an appropriate required rate of return。 Can the intrinsic value of an asset differ from its market value?Security Valuation • In general, the intrinsic value of an asset = the present value of the stream of expected cash flows discounted at an appropriate required rate of return. • Can the intrinsic value of an asset differ from its market value?