Is Dick's Sporting Goods, Inc. overvalued or undervalued?

As of 23 May 2025, the valuation grade for Dick's Sporting Goods, Inc. has moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a P/E ratio of 21, an EV to EBITDA of 12.67, and a ROE of 37.82%.
In comparison to peers, AutoZone, Inc. has a P/E of 26.87, while Tractor Supply Co. stands at 27.91, indicating that Dick's Sporting Goods is trading at a lower valuation relative to these competitors. Additionally, the company's dividend yield is notably high at 118.79%, further supporting its undervalued status. Despite recent stock performance trailing the S&P 500 on a year-to-date basis, the long-term returns over 5 years show a significant outperformance, suggesting strong underlying fundamentals.