Is MarineMax, Inc. overvalued or undervalued?

As of 18 February 2025, the valuation grade for MarineMax, Inc. has moved from fair to attractive, indicating a more favorable assessment of its market position. The company is currently considered undervalued. Key ratios include a P/E ratio of 19, an EV to EBITDA of 9.85, and a Price to Book Value of 0.64, which suggest that the stock is trading at a discount relative to its earnings and book value.
In comparison to peers, MarineMax's P/E ratio of 21.85 is lower than Monro, Inc.'s 24.35, while its EV to EBITDA is more favorable than Monro's 5.90, highlighting its competitive edge in terms of valuation metrics. Recent performance shows that MarineMax's stock has underperformed against the S&P 500 over the past year, with a return of -26.60% compared to the index's 10.26%, reinforcing the notion that the stock may be undervalued in the current market environment.