Is Cantaloupe, Inc. overvalued or undervalued?

As of 8 May 2025, the valuation grade for Cantaloupe, Inc. has moved from very expensive to attractive, indicating a significant shift in its market perception. The company is currently deemed undervalued based on its financial metrics, with a P/E ratio of 11, a Price to Book Value of 2.67, and an EV to EBITDA of 17.89. Notably, Cantaloupe's PEG ratio stands at an impressive 0.04, suggesting strong growth potential relative to its price.
In comparison to its peers, Cantaloupe, Inc. has a higher P/E ratio than Amalgamated Financial Corp. at 8.68 and CrossFirst Bankshares, Inc. at 10.04, while still being competitive against Univest Financial Corp. at 11.38. The company's strong return on equity (ROE) of 24.05% further supports its attractive valuation. Additionally, Cantaloupe has outperformed the S&P 500 over the past year, with a return of 66.77% compared to the index's 10.26%, reinforcing the notion that it is currently undervalued.