Is National Presto Industries, Inc. overvalued or undervalued?

As of 4 September 2025, the valuation grade for National Presto Industries, Inc. has moved from very attractive to attractive, indicating a shift in perceived value. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 16, an EV to EBITDA ratio of 12.48, and a PEG ratio of 0.50, which suggest that the stock is reasonably priced compared to its earnings growth potential.
In comparison to peers, National Presto's P/E ratio of 16 is lower than Kratos Defense & Security Solutions, Inc. at 594.28 and Mirion Technologies, Inc. at 280.92, indicating it may be undervalued relative to these companies. However, it is also worth noting that its PEG ratio of 0.50 is more favorable than the industry average, suggesting a strong growth potential. Over the past year, National Presto has outperformed the S&P 500, returning 52.46% compared to the index's 17.14%, reinforcing its attractiveness as an investment.