Is Tennant Co. overvalued or undervalued?

As of 12 June 2025, the valuation grade for Tennant Co. has moved from expensive to fair. Based on the analysis, the company appears to be fairly valued at this time. Key ratios include a P/E ratio of 16, an EV to EBITDA of 8.68, and a Price to Book Value of 2.23, which align closely with industry standards.
In comparison to peers, Tennant Co. has a lower P/E ratio than Modine Manufacturing Co., which stands at 25.10, and a more favorable EV to EBITDA ratio than Enpro, Inc., which is at 16.76. This suggests that Tennant Co. is competitively positioned within its industry. Additionally, while the company's recent stock performance has lagged behind the S&P 500 over the past year, it has shown resilience with a return of 33.17% over the last three years, indicating potential for future growth.