Is TETRA Technologies, Inc. overvalued or undervalued?

As of 13 June 2025, TETRA Technologies, Inc. has moved from a fair to a very attractive valuation grade, indicating a significant improvement in its investment appeal. The company is currently considered undervalued, with a P/E ratio of 3, which is substantially lower than the industry average, and an EV to EBITDA ratio of 5.66. Additionally, the PEG ratio stands at an impressive 0.01, suggesting that the stock is priced very favorably relative to its growth prospects.
In comparison to its peers, TETRA Technologies shows a stark contrast with Hawkins, Inc., which has a P/E ratio of 33.59, and Kronos Worldwide, Inc., with a P/E of 6.29. The strong ROE of 43.25% and ROCE of 14.61% further reinforce the company's efficient use of capital. Despite recent stock performance showing a decline of 4.75% year-to-date compared to a 2.44% gain in the S&P 500, the overall valuation metrics indicate that TETRA Technologies is positioned as a compelling investment opportunity.