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, a Price to Book Value of 6.12, and an EV to EBITDA of 18.51. 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 still more expensive than some competitors.
Despite the recent decline in stock price, Hawkins, Inc. has demonstrated strong performance over the longer term, with a year-to-date return of 31.86% compared to the S&P 500's 13.30%, and an impressive 536.56% return over the past five years, significantly outperforming the index. This suggests that while the stock may be fairly valued now, its historical performance indicates strong potential for future growth.