Is Darling Ingredients, Inc. overvalued or undervalued?

As of 21 November 2025, the valuation grade for Darling Ingredients, Inc. has moved from attractive to very expensive, indicating a shift towards overvaluation. The company is assessed as overvalued, supported by a P/E ratio of 29, an EV to EBITDA of 11.01, and a Price to Book Value of 1.16. In comparison, peers such as The J. M. Smucker Co. have a P/E of 23.79, while Conagra Brands, Inc. boasts a much lower P/E of 8.91, highlighting Darling's relative overvaluation.
Additionally, the company's recent stock performance has lagged significantly behind the S&P 500, with a year-to-date return of only 0.06% compared to the S&P's 12.26%, and a three-year return of -53.35% versus the S&P's 67.17%. This stark contrast reinforces the notion that Darling Ingredients, Inc. is currently overvalued.