Is Accel Entertainment, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Accel Entertainment, Inc. has moved from very expensive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 23, while the EV to EBITDA ratio is 7.92, and the Price to Book Value is 3.69. In comparison, Cinemark Holdings, Inc. has a more attractive P/E ratio of 11.14, while Six Flags Entertainment Corp. shows a higher P/E at 26.40, indicating a range of valuations within the industry. Despite the fair valuation, Accel has underperformed against the S&P 500 over multiple periods, with a year-to-date return of -3.75% compared to the S&P's 13.30%. This trend continues in the one-year and five-year comparisons, where Accel's returns of -10.37% and -7.55% respectively lag significantly behind the S&P 500's returns.