Is ICF International, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for ICF International, Inc. has moved from attractive to fair, indicating a shift in perception regarding its market value. Based on the analysis, the company appears to be fairly valued at this time. The P/E ratio stands at 17, while the EV to EBITDA ratio is 10.93, and the PEG ratio is 1.44, suggesting that the stock is priced in line with its earnings growth potential.
In comparison to its peers, ICF International, Inc. has a P/E ratio of 19.16 for Grand Canyon Education, Inc., which is considered attractive, while Shift4 Payments, Inc. has a fair valuation with a P/E ratio of 14.01. The recent stock performance shows that ICF International, Inc. has underperformed significantly over the past year, with a return of -49.63% compared to the S&P 500's 14.08%, reinforcing the notion that the stock is currently fairly valued amidst a challenging market environment.