Is Malibu Boats, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Malibu Boats, Inc. moved from fair to expensive, indicating that the company is overvalued. Key ratios highlight this valuation, with a Price to Book Value of 1.18, an EV to EBITDA of 16.34, and a negative ROCE of -0.14%. In comparison, Malibu's peers such as the industry average P/E ratio is not applicable due to losses, while its EV to EBITDA ratio of 10.26 suggests that Malibu is trading at a premium.
The stock has underperformed relative to the S&P 500, with a year-to-date return of -19.53% compared to the S&P 500's 13.30%. This trend continues over longer periods, with a 5-year return of -46.11% against the S&P 500's 91.29%, reinforcing the notion that Malibu Boats, Inc. is currently overvalued.