Is Cantaloupe, Inc. overvalued or undervalued?

As of 8 May 2025, the valuation grade for Cantaloupe, Inc. moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 11, a PEG ratio of 0.04, and an EV to EBITDA ratio of 17.89. In comparison, peers such as Univest Financial Corp. have a P/E of 12.14 and Amalgamated Financial Corp. has a P/E of 8.42, highlighting that Cantaloupe, Inc. is positioned favorably within its industry.
Despite recent underperformance against the S&P 500 over the past week and month, where it returned -1.85% and -3.02% respectively, the company has shown strong returns year-to-date at 11.46% and an impressive 67.46% over the past year, significantly outpacing the S&P 500's 17.14% in the same timeframe. This performance, combined with its attractive valuation metrics, reinforces the argument that Cantaloupe, Inc. is undervalued.