Is Motorola Solutions, Inc. overvalued or undervalued?

As of 1 May 2025, the valuation grade for Motorola Solutions, Inc. moved from expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 34, an EV to EBITDA of 23.65, and a Price to Book Value of 42.74. In comparison, peers such as Apple, Inc. have a P/E of 35.56 and Garmin Ltd. boasts a more attractive P/E of 30.27.
Despite a strong return over the last three years at 98.39%, Motorola's recent performance has lagged behind the S&P 500, particularly in the past year where it returned 8.70% compared to the index's 17.14%. This suggests that while the stock is currently fairly valued, its recent performance may warrant closer scrutiny.