Is Lamb Weston Holdings, Inc. overvalued or undervalued?

As of 30 April 2024, the valuation grade for Lamb Weston Holdings, Inc. has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company is currently considered undervalued. Key ratios include a P/E ratio of 14, an EV to EBITDA of 9.46, and a ROE of 35.10%.
In comparison to its peers, Lamb Weston stands out with a more favorable P/E ratio than McCormick & Co., Inc. at 24.71 and is also more attractive than The J. M. Smucker Co., which has a P/E of 19.69. Additionally, Conagra Brands, Inc. is noted as very attractive with a lower P/E of 9.05, reinforcing Lamb Weston’s competitive position. Despite recent stock performance lagging behind the S&P 500, the current valuation suggests potential for recovery and growth.