Is REV Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for REV Group, Inc. moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be 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 to peers, Oshkosh Corp. has a P/E of 15.10, while Harley-Davidson, Inc. shows a P/E of 18.01, suggesting that REV Group, Inc. is positioned favorably within its industry.
Additionally, REV Group, Inc. has outperformed the S&P 500 significantly over multiple periods, with a year-to-date return of 79.67% compared to the S&P 500's 13.30%. This strong performance reinforces the notion that the stock is undervalued relative to its growth potential and market performance.