Is Sysco Corp. overvalued or undervalued?

As of 29 July 2025, the valuation grade for Sysco Corp. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 26, an EV to EBITDA of 13.32, and a Price to Book Value of 28.59. In comparison, Grab Holdings Ltd. has a significantly higher P/E of 173.01, while Performance Food Group Co. is rated very expensive with a P/E of 40.48.
Despite Sysco's fair valuation, its recent stock performance has lagged behind the S&P 500, with a YTD return of 7.15% compared to the S&P's 12.22%. This underperformance over the longer term is notable, as Sysco's 5Y return of 21.14% is significantly lower than the S&P 500's 96.61%.