Is Hayward Holdings, Inc. overvalued or undervalued?

As of 28 November 2025, the valuation grade for Hayward Holdings, Inc. has moved from very expensive to expensive, indicating a slight improvement in its valuation perception. The company appears to be overvalued based on its current metrics, with a P/E ratio of 24, a Price to Book Value of 2.16, and an EV to EBITDA of 14.07. In comparison to peers, Hasbro, Inc. has a higher P/E ratio of 32.83, while Mattel, Inc. shows a significantly lower P/E of 13.72, highlighting the relative valuation challenges faced by Hayward.
Despite the overvaluation, Hayward has demonstrated strong performance, with a 3-year return of 77.65% compared to the S&P 500's 72.78%, suggesting that the stock has outperformed the benchmark over this period. However, the overall valuation metrics and peer comparisons indicate that the stock is not positioned favorably in the current market landscape.