Is BlueLinx Holdings, Inc. overvalued or undervalued?

As of 23 May 2025, the valuation grade for BlueLinx Holdings, Inc. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 15, a Price to Book Value of 0.85, and an EV to EBITDA of 3.90, which suggest a reasonable valuation relative to its earnings and asset base.
In comparison to its peers, BlueLinx's P/E ratio of 14.35 is competitive, particularly against Global Partners LP, which has a P/E of 11.39, and DNOW, Inc. at 16.71. Additionally, BlueLinx's EV to EBITDA ratio is lower than that of World Kinect Corp. at 4.60, indicating a favorable valuation in terms of operational performance. Despite a challenging year-to-date return of -27.98% compared to the S&P 500's 2.44%, the long-term performance of 738.04% over five years highlights its potential for recovery and growth.