Is Fresh Del Monte Produce, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Fresh Del Monte Produce, Inc. moved from very attractive to attractive, indicating a shift in market perception. The company appears to be undervalued, supported by a P/E ratio of 10, a Price to Book Value of 0.78, and a PEG Ratio of 0.41, which suggests that the stock is trading at a discount relative to its growth potential.
In comparison to peers, Fresh Del Monte's P/E ratio is higher than Pilgrim's Pride Corp. at 8.20 but lower than Cal-Maine Foods, Inc. at 6.80, indicating a competitive position within the industry. The EV to EBITDA ratio of 7.25 is also favorable compared to the industry average. While the stock has underperformed the S&P 500 over the longer term, it has shown resilience with a 1-year return of 14.81% compared to the S&P 500's 14.08%, reinforcing its attractiveness as an investment.