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 EV to Sales ratio is 1.02. In comparison, Cinemark Holdings, Inc. has a significantly lower P/E ratio of 11.14, indicating it may be more attractive relative to Accel.
Despite its fair valuation, Accel has underperformed against the S&P 500, with a one-year return of -10.37% compared to the index's 14.08%. This underperformance, especially over the longer term, suggests that while the stock is currently fairly valued, investors may want to be cautious given its historical returns.