Is Hawkins, Inc. overvalued or undervalued?

As of 17 October 2025, Hawkins, Inc. has moved from a very expensive valuation to a fair valuation. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 33, an EV to EBITDA of 18.51, and a Price to Book Value of 6.12. In comparison to its peers, Hawkins, Inc. has a higher P/E ratio than NewMarket Corp. at 16.30 and Cabot Corp. at 9.36, indicating that while it is fairly valued, it is not the most attractive option in its industry.
The company's recent performance shows a strong return of 31.86% year-to-date, significantly outperforming the S&P 500's return of 13.30% in the same period, which reinforces its fair valuation status. Overall, Hawkins, Inc. is positioned as a fair investment in the specialty chemicals sector, especially when compared to its peers.