Is SEI Investments Co. overvalued or undervalued?

As of 14 November 2025, the valuation grade for SEI Investments Co. moved from expensive to fair, indicating a more favorable assessment of its market position. The company appears fairly valued based on its current metrics, with a P/E ratio of 18, a PEG ratio of 0.64, and an EV to EBITDA ratio of 15.05. In comparison to peers, Franklin Resources, Inc. has a lower P/E of 14.94 and a much lower EV to EBITDA of 5.52, while Morningstar, Inc. is considered very expensive with a P/E of 33.14.
Despite recent underperformance relative to the S&P 500, with a 1-year return of 0.06% compared to 13.19%, SEI Investments Co. has shown resilience over longer periods, achieving a 35.63% return over three years. This suggests that while the stock may not be currently outperforming the broader market, its valuation metrics indicate it is fairly positioned within its industry.