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

As of 17 October 2025, the valuation grade for Fresh Del Monte Produce, Inc. has moved from very attractive to attractive, indicating a shift in perceived value. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 10, a Price to Book Value of 0.78, and an EV to EBITDA of 7.25. In comparison to peers, Pilgrim's Pride Corp. has a P/E of 8.20, while Cal-Maine Foods, Inc. boasts a very attractive P/E of 6.80, suggesting that Fresh Del Monte is positioned reasonably within its industry.
Despite its attractive valuation, Fresh Del Monte's recent stock performance has lagged behind the S&P 500 over longer periods, with a 3-year return of 37.72% compared to the S&P 500's 81.19%. This underperformance may indicate that while the stock is currently fairly valued, there may be challenges ahead in achieving higher returns relative to broader market benchmarks.