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 undervalued based on its current valuation metrics, with a P/E ratio of 10, a price to book value of 0.78, and an EV to EBITDA ratio 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 relatively better valued within its industry.
Despite recent fluctuations, Fresh Del Monte's stock has outperformed the S&P 500 over the past week and year, with returns of 3.29% and 14.81%, respectively, compared to the S&P 500's returns of 1.70% and 14.08%. This performance reinforces the notion that the stock may be undervalued, particularly given its strong dividend yield of 248.45% and competitive PEG ratio of 0.41.