Is Motorola Solutions, Inc. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Motorola Solutions, Inc. moved from fair to attractive, indicating a positive shift in its valuation outlook. The company appears to be undervalued 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, which suggest that while the stock is trading at a premium, its growth potential may justify this valuation.
In comparison to peers, Apple, Inc. has a P/E of 35.56 and an EV to EBITDA of 25.24, while Garmin Ltd. shows a P/E of 30.27 and an EV to EBITDA of 23.11. These comparisons highlight that Motorola Solutions, Inc. is competitively positioned within its industry. However, the recent stock performance shows that Motorola has underperformed against the S&P 500 over the past year with a return of -23.03% compared to the index's 13.19%, but it has outperformed over the longer term with a 5-year return of 122.86% versus 87.83% for the S&P 500.