Is Accel Entertainment, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Accel Entertainment, Inc. moved from very expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 23, an EV to EBITDA of 7.92, and a Price to Book Value of 3.69. In comparison, Cinemark Holdings, Inc. has a more attractive P/E of 11.14, while Six Flags Entertainment Corp. is considered risky with a P/E of 26.40.
Despite the recent grade change indicating a fair valuation, Accel's stock has underperformed against the S&P 500, with a 1-year return of -10.37% compared to the S&P 500's 14.08%. This suggests that while the stock may be fairly valued, its performance relative to the broader market raises some concerns.