Is F5, Inc. overvalued or undervalued?

As of 28 April 2025, the valuation grade for F5, Inc. has moved from fair to attractive, indicating a more favorable assessment of the company's worth. The company is currently considered undervalued based on its financial metrics. Key ratios include a P/E ratio of 27, an EV to EBITDA of 18.20, and a ROCE of 35.08%.
In comparison to its peers, F5, Inc. has a P/E ratio of 26.22, which is lower than AppLovin Corp.'s significantly high P/E of 57.25 and Gen Digital Inc.'s P/E of 28.71, suggesting that F5 is positioned more attractively within its industry. Additionally, F5's PEG ratio of 1.62 is competitive against its peers, reinforcing the notion of its undervaluation. Over the past year, F5 has outperformed the S&P 500 with a return of 73.99% compared to the index's 10.26%, further supporting the argument for its attractive valuation.