Is Golden Entertainment, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Golden Entertainment, Inc. has moved from attractive to expensive, indicating a shift in perception regarding its market worth. The company appears to be overvalued based on its current metrics, particularly with a P/E ratio of 41, which is significantly higher than its peer average of 37.80. Additionally, the EV to EBITDA ratio stands at 7.92, which also exceeds the peer benchmark, further supporting the notion of overvaluation.
In comparison to its peers, Golden Entertainment's EV to EBIT of 23.40 is higher than the industry average, suggesting that investors are paying a premium for its earnings potential. The company's return on equity (ROE) is notably low at 3.78%, which raises concerns about its profitability relative to its valuation. While specific return data is unavailable, the lack of positive returns compared to the S&P 500 could reinforce the view that the stock is overvalued at its current price of 20.20.