Is The Manitowoc Co., Inc. overvalued or undervalued?

As of 14 November 2025, the valuation grade for The Manitowoc Co., Inc. moved from attractive to very attractive, indicating a strong improvement in its valuation outlook. The company appears undervalued, supported by a P/E ratio of 8, a Price to Book Value of 0.69, and an EV to EBITDA ratio of 6.74, all of which suggest that the stock is trading at a discount relative to its earnings and asset values.
In comparison to its peers, Douglas Dynamics, Inc. has a higher P/E ratio of 11.82, while Wabash National Corp. shows a very attractive valuation with a negative P/E, indicating potential issues. The Manitowoc Co., Inc. has outperformed the S&P 500 with a year-to-date return of 21.80% compared to the index's 14.49%, reinforcing the notion that it is a compelling investment opportunity.