Is REV Group, Inc. overvalued or undervalued?

As of 4 June 2025, the valuation grade for REV Group, Inc. has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued, supported by a P/E ratio of 16, an EV to EBITDA ratio of 13.03, and a robust ROE of 37.80%. In comparison, its peer Nikola Corp. has a negative P/E ratio, while Fisker, Inc. also shows poor performance metrics, underscoring REV's relative strength in the industry.
The company's financial ratios suggest it is well-positioned, with a Price to Book Value of 6.11 and an impressive ROCE of 32.62%. Furthermore, REV Group has outperformed the S&P 500 significantly over various time frames, including a 71.43% return over the past year compared to the S&P 500's 10.26%. This performance, combined with its attractive valuation metrics, reinforces the conclusion that REV Group, Inc. is undervalued in the current market.