Is Diebold Nixdorf, Inc. overvalued or undervalued?

As of 12 February 2025, Diebold Nixdorf, Inc. has moved from an attractive to a risky valuation grade. The company is currently considered overvalued. Key ratios include a P/E ratio of 37, an EV to EBITDA ratio of 6.15, and a ROCE of 16.89%. In comparison, PAR Technology Corp. has a P/E of -34.42, while Transcat, Inc. is very expensive with a P/E of 48.26.
Diebold Nixdorf's valuation appears concerning given its high P/E relative to peers and the overall market. The company's recent stock performance has outpaced the S&P 500, with a year-to-date return of 20.82% compared to the S&P 500's 2.44%, but this may not be sustainable given the current valuation metrics.