Is LSI Industries, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for LSI Industries, Inc. moved from expensive to fair, indicating a more favorable assessment of its market position. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 21, an EV to EBIT of 15.89, and an EV to EBITDA of 11.86, which suggest that the company is priced in line with its earnings potential compared to its peers.
In comparison to its peers, LSI Industries, Inc. has a higher P/E ratio than Quanex Building Products Corp., which stands at 26.26, and a lower EV to EBITDA ratio than its own valuation of 15.89, which indicates that while it is perceived as fairly valued, there are peers with higher valuations. Although specific return data is not available, the absence of a significant return comparison with the S&P 500 suggests that the stock's performance may not have outpaced the benchmark recently, reinforcing the notion of a fair valuation.