Is National Presto Industries, Inc. overvalued or undervalued?

As of 7 May 2025, the valuation grade for National Presto Industries, Inc. has moved from attractive to very attractive. The company is currently considered undervalued, with a P/E ratio of 16, a Price to Book Value of 1.80, and an EV to EBITDA of 12.48. In comparison to peers, National Presto's P/E ratio is lower than Triumph Group, Inc. at 29.93 and Cadre Holdings, Inc. at 33.56, indicating a more favorable valuation relative to these competitors.
The PEG ratio of 0.50 further emphasizes the company's undervaluation, suggesting that it is priced attractively in relation to its growth potential. Additionally, National Presto has demonstrated a solid ROCE of 13.20% and an ROE of 11.53%, reflecting strong operational efficiency. Notably, the stock has outperformed the S&P 500 over the past year, returning 31.77% compared to the index's 10.26%, reinforcing the case for its undervaluation.