Is FirstCash Holdings, Inc. overvalued or undervalued?

As of 18 June 2025, the valuation grade for FirstCash Holdings, Inc. has moved from expensive to fair. The company is currently fairly valued. Key ratios include a P/E ratio of 24, an EV to EBITDA of 8.46, and a PEG ratio of 1.26. In comparison to peers, Affirm Holdings, Inc. has a much higher P/E of 154.29, while OneMain Holdings, Inc. stands out with a very attractive P/E of 3.60.
FirstCash's performance has been robust, with a year-to-date return of 25.62%, significantly outperforming the S&P 500's 2.44% over the same period. This strong performance, coupled with its fair valuation, suggests that the market has appropriately priced the stock relative to its peers and industry metrics.