Is J&J Snack Foods Corp. overvalued or undervalued?

As of 26 August 2025, the valuation grade for J&J Snack Foods Corp. has moved from expensive to fair, indicating a shift in its perceived value. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 30, a Price to Book Value of 2.41, and an EV to EBITDA of 12.80. In comparison to peers, The J. M. Smucker Co. has a P/E of 23.79 and Conagra Brands, Inc. stands out with a very attractive P/E of 8.91, suggesting that J&J Snack Foods may be positioned reasonably within its industry.
Despite its fair valuation, J&J Snack Foods has underperformed significantly compared to the S&P 500, with a year-to-date return of -33.89% versus the index's 12.22%. This stark contrast in returns over multiple periods reinforces the notion that while the stock may be fairly valued, its performance trajectory raises concerns about future growth potential.