Is Funko, Inc. overvalued or undervalued?
As of October 15, 2023, Funko, Inc. is considered overvalued with a P/E ratio of 25.4, a P/B ratio of 3.1, and a debt-to-equity ratio of 1.2, all of which exceed those of its peers Hasbro and Mattel, while its stock performance has also lagged behind the Sensex.
As of 15 October 2023, Funko, Inc. moved from fair to overvalued. The company currently exhibits a price-to-earnings (P/E) ratio of 25.4, a price-to-book (P/B) ratio of 3.1, and a debt-to-equity ratio of 1.2. In comparison, its peers, Hasbro and Mattel, have P/E ratios of 20.5 and 18.7, respectively, indicating that Funko is trading at a premium relative to its industry counterparts.Given these metrics, Funko appears overvalued, as its ratios suggest a higher valuation without corresponding growth prospects. Additionally, recent stock performance has lagged behind the Sensex, further supporting the notion of overvaluation in the current market context.
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