Is Helios Technologies, Inc. overvalued or undervalued?

As of 10 October 2025, the valuation grade for Helios Technologies, Inc. has moved from very expensive to expensive, indicating a slight improvement but still suggesting overvaluation. The company appears overvalued based on its current metrics, including a P/E ratio of 29, a Price to Book Value of 1.22, and an EV to EBITDA of 10.38. In comparison, Modine Manufacturing Co. has a fair valuation with a P/E of 36.40, while Mueller Water Products, Inc. also holds a fair valuation with a P/E of 26.00.
Recent stock performance shows that Helios has underperformed against the S&P 500, with a 1-year return of -0.06% compared to the S&P 500's 13.36%. This trend reinforces the notion that the stock is overvalued, as it has not kept pace with broader market gains over multiple time frames.