Is Eastman Kodak Co. overvalued or undervalued?

As of 11 August 2025, Eastman Kodak Co. has moved from fair to attractive in its valuation grade, suggesting a more favorable outlook. The company appears undervalued with a P/E ratio of 6, significantly lower than its peer Energy Recovery, Inc., which has a P/E of 31.92. Additionally, Kodak's Price to Book Value stands at 0.61, indicating that the stock is trading below its book value, while its EV to Sales ratio of 0.76 further supports the undervaluation thesis.
In comparison to its peers, Kodak's EV to EBITDA ratio is notably high at 56.57, reflecting potential concerns about profitability relative to enterprise value, while Energy Recovery, Inc. has a more reasonable EV to EBITDA of 25.76. Despite some recent volatility, Kodak's 1-year stock return of 24.10% outperformed the S&P 500's 17.14%, which reinforces the positive valuation story. Overall, Eastman Kodak Co. is positioned as an attractive investment opportunity within its industry.