Is Hayward Holdings, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Hayward Holdings, Inc. has moved from expensive to very expensive, indicating a significant deterioration in its valuation appeal. The company appears to be overvalued, particularly when considering its P/E ratio of 24, which is notably lower than the peer average of 26.67, and its EV to EBITDA ratio of 14.07, which is also less favorable compared to peers like Hasbro, Inc. at 20.76. Additionally, the PEG ratio stands at a low 0.58, suggesting that the stock may not be justified at its current price given its growth prospects.
In comparison to its peers, Hayward Holdings, Inc. is positioned unfavorably against companies like Acushnet Holdings Corp., which has a P/E of 19.99, and Mattel, Inc., which has a P/E of 13.72. This highlights the relative overvaluation of Hayward compared to its industry counterparts. Furthermore, while the stock has outperformed the S&P 500 in the short term with a 1-week return of 2.63% versus 1.70%, its year-to-date return of -0.46% and one-year return of -2.75% starkly contrast with the S&P 500's gains, reinforcing the notion that the stock is not performing well relative to the broader market.