Is Newmark Group, Inc. overvalued or undervalued?

As of 31 July 2025, the valuation grade for Newmark Group, Inc. has moved from attractive to fair, indicating a more cautious outlook. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 33, a Price to Book Value of 1.71, and an EV to EBITDA of 5.84. In comparison to peers, Howard Hughes Holdings, Inc. has a P/E of 18.48, while Cushman & Wakefield Plc shows a P/E of 17.27, suggesting that Newmark Group is trading at a premium relative to these companies.
Despite the fair valuation, Newmark Group has demonstrated strong performance, with a year-to-date return of 52.85%, significantly outpacing the S&P 500's return of 12.22% over the same period. This performance, along with a PEG ratio of 0.37, indicates that the stock may still hold potential for growth, even though it is currently assessed as fairly valued.