Is John Bean Technologies Corp. overvalued or undervalued?

As of 5 May 2025, the valuation grade for John Bean Technologies Corp. has moved from expensive to risky, indicating a deterioration in its perceived value. The company appears to be overvalued based on its current financial metrics, particularly given its P/E ratio is not applicable due to losses, while its Price to Book Value stands at 1.54, and its EV to EBITDA is at 28.36. Additionally, the company's ROE is negative at -0.14%, further suggesting challenges in generating shareholder returns.
In comparison to its peers, John Bean Technologies Corp. shows a significantly lower valuation with a peer EV to EBITDA of 23.8072, while Zurn Elkay Water Solutions Corp. is very expensive at 43.7810, and MKS Instruments, Inc. is attractive at 23.8998. Despite a strong 1-year return of 48.46%, which outperformed the S&P 500's 17.14%, the company's long-term performance over 3 years and 5 years has lagged behind the S&P 500, which returned 70.41% and 96.61%, respectively. This disparity in performance reinforces the notion that John Bean Technologies Corp. may be overvalued in its current state.