Asset productivity is what the intrinsic value is; i.e. the future cash flows, discounted to today's money. However, intrinsic value and market value are frequ

Asset productivity is what the intrinsic value is; i.e. the future cash flows, discounted to today's money. However, intrinsic value and market value are frequently out of whack. You can see this in the stock market: stock prices change within fractions of a second, but nobody should believe that the company's intrinsic value is actually changing second-by-second. Calling an asset "overvalued" is a judgement call. Same with calling an asset undervalued. You have to do your own analysis to make that interpretation. And when you see something that's undervalued significantly, you buy that asset!