Is Kimco Realty Corp. overvalued or undervalued?

As of 31 October 2025, Kimco Realty Corp. moved from fair to very attractive in its valuation grade. The company appears undervalued, supported by a P/E ratio of 26, a PEG ratio of 0.62, and an EV to EBITDA ratio of 10.91. In comparison to peers, Kimco's P/E ratio is significantly lower than Ventas, Inc. at 105.02 and slightly higher than Essex Property Trust, Inc. at 22.13, indicating a favorable valuation position within the industry.
Despite recent underperformance, with a 1-year return of -14.52% compared to the S&P 500's 19.89%, the strong dividend yield of 432.18% and a PEG ratio below 1 suggest potential for future growth and value appreciation. Overall, the metrics indicate that Kimco Realty Corp. is positioned attractively relative to its peers and market conditions.