Is National Presto Industries, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for National Presto Industries, Inc. moved from attractive to very attractive, indicating a strong improvement in its valuation outlook. The company appears undervalued, supported by a P/E ratio of 16, a PEG ratio of 0.50, and an EV to EBITDA ratio of 12.48, which are all favorable compared to its peers. For instance, Kratos Defense & Security Solutions, Inc. has a significantly higher P/E ratio of 594.28, while Mirion Technologies, Inc. shows a much higher EV to EBITDA of 31.38.
Despite recent stock performance showing a decline of 3.09% over the past week compared to a 1.70% gain in the S&P 500, National Presto has delivered a robust 42.56% return over the past year, outperforming the S&P 500's 14.08%. This strong performance, combined with its attractive valuation ratios, reinforces the conclusion that National Presto Industries, Inc. is currently undervalued.