Is Malibu Boats, Inc. overvalued or undervalued?

As of 26 September 2025, the valuation grade for Malibu Boats, Inc. has moved from attractive to expensive, indicating a shift towards overvaluation. The company is currently considered overvalued, with a Price to Book Value of 1.18 and an EV to EBITDA ratio of 16.34, which suggests that investors are paying a premium relative to its earnings potential. Additionally, the EV to Sales ratio stands at 0.78, which, while not excessively high, still reflects a valuation that may not be justified by the company's current financial performance.
In comparison to its peers, Malibu Boats, Inc. has a significantly higher P/E ratio of 41.72, which is indicative of overvaluation when contrasted with the industry standards. Notably, the company's return performance has lagged behind the S&P 500, with a 1-year return of -13.02% compared to the S&P 500's 15.64%, and a 3-year return of -31.69% against the S&P's 81.77%. This underperformance reinforces the notion that Malibu Boats, Inc. may be overvalued in the current market environment.