Is Mission Produce, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Mission Produce, Inc. has moved from very expensive to expensive, indicating a slight improvement in perceived value. However, the company remains overvalued based on its current financial metrics. The P/E ratio stands at 18, which is significantly higher than its peers, such as Pilgrim's Pride Corp. at 8.20 and Cal-Maine Foods, Inc. at 6.80. Additionally, the EV to EBITDA ratio of 9.06 further supports the notion of overvaluation when compared to the industry.
In comparison to the S&P 500, Mission Produce has underperformed significantly across various time frames, with a year-to-date return of -18.44% versus the S&P 500's 13.30%. This trend of underperformance, alongside its high valuation ratios, suggests that Mission Produce, Inc. is currently overvalued in the market.