Is NerdWallet, Inc. overvalued or undervalued?

As of 7 August 2025, the valuation grade for NerdWallet, Inc. has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company appears to be undervalued based on its P/E ratio of 20, which is significantly lower than its peer i3 Verticals, Inc. at 86.60, and its PEG ratio of 0.03, suggesting strong growth potential relative to its price. Additionally, the EV to EBITDA ratio stands at 10.80, which is favorable compared to the industry average.
In comparison to its peers, NerdWallet, Inc. shows a much more attractive valuation profile, with its EV to EBITDA ratio being lower than that of i3 Verticals, Inc. and others in the sector. Despite a challenging year-to-date return of -15.19% compared to the S&P 500's 12.22%, the company's strong valuation metrics suggest that it may offer a compelling investment opportunity moving forward.