Is Hayward Holdings, Inc. overvalued or undervalued?

As of 16 June 2025, the valuation grade for Hayward Holdings, Inc. has moved from expensive to attractive, indicating a shift in perception regarding its value. The company is currently assessed as undervalued. Key ratios include a P/E ratio of 24, an EV to EBITDA of 14.07, and a PEG ratio of 0.58, which suggests that the stock is priced favorably relative to its growth expectations.
In comparison to peers, Hayward's P/E ratio of 24 is higher than Acushnet Holdings Corp.'s 18.51 but lower than Polaris Inc.'s 33.33, indicating a competitive position within the industry. Additionally, Hayward's EV to EBITDA ratio of 14.07 is more favorable than Acushnet's 14.65, further supporting its valuation attractiveness. Despite recent underperformance against the S&P 500, with a year-to-date return of -11.05% compared to the index's 2.44%, the overall valuation metrics suggest that Hayward Holdings, Inc. presents a compelling investment opportunity at its current price.