Is Heidrick & Struggles International, Inc. overvalued or undervalued?

As of 4 August 2025, the valuation grade for Heidrick & Struggles International, Inc. has moved from very expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 11, an EV to EBITDA of 6.07, and a PEG ratio of 0.31, which suggests strong growth potential relative to its price.
In comparison to peers, Heidrick & Struggles has a lower P/E ratio than Korn Ferry, which stands at 21.30, and a more favorable PEG ratio compared to Perficient, Inc., which has a PEG of 0.00. The company's strong ROCE of 50.87% further supports its valuation. Notably, Heidrick & Struggles has outperformed the S&P 500 over multiple periods, with a 1Y return of 35.47% compared to the S&P 500's 17.14%, reinforcing the attractiveness of its current valuation.