Is Corpay, Inc. overvalued or undervalued?

As of 6 August 2025, the valuation grade for Corpay, Inc. has moved from fair to attractive, indicating a more favorable assessment of its value. The company appears to be undervalued, supported by a P/E ratio of 35, an EV to EBITDA of 19.64, and a PEG ratio of 2.80, which suggest that the stock may be priced lower relative to its growth potential compared to its peers.
In comparison to its peers, Corpay, Inc. has a more attractive valuation with a P/E of 31.49 from Equifax, Inc., which is considered expensive at 70.84, and Global Payments, Inc. at a fair valuation with a P/E of 12.95. Despite recent underperformance, with a year-to-date return of -9.80% compared to the S&P 500's 12.22%, the long-term outlook remains promising, as evidenced by a 3-year return of 50.71% against the S&P 500's 70.41%.