Is Integer Holdings Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Integer Holdings Corp. has moved from fair to very expensive, indicating a significant shift in its perceived value. The company appears overvalued based on its current financial metrics. The P/E ratio stands at 45, notably higher than the peer average of approximately 41.17 for similar companies, while its EV to EBITDA ratio is 15.31, compared to Sanmina Corp. at 22.21, which reflects a more attractive valuation.
In addition, Integer's Price to Book Value is 2.63, which suggests that the stock is trading at a premium relative to its book value. The company's ROCE is 8.55% and ROE is 5.83%, both of which are relatively low, further supporting the conclusion of overvaluation. Over the past year, Integer Holdings Corp. has underperformed the S&P 500, returning -19.62% compared to the index's 14.08%, reinforcing the notion that the stock may be overvalued in the current market environment.