Is BlueLinx Holdings, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for BlueLinx Holdings, Inc. moved from fair to very expensive. The company is currently overvalued 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. In comparison, peers such as CrossAmerica Partners LP have a P/E of 8.77 and an EV to EBITDA of 8.94, while AerSale Corp. shows a significantly higher P/E of 63.13 and an EV to EBITDA of 15.86, highlighting BlueLinx's relative overvaluation.
Although specific return data is not available, the lack of recent performance metrics against the S&P 500 suggests that BlueLinx may not be keeping pace with broader market trends, further reinforcing the conclusion of its overvaluation.