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 based on its key ratios, which include a P/E ratio of 8, a price to book value of 0.69, and an EV to EBITDA ratio of 6.74. In comparison, peers such as Douglas Dynamics, Inc. have a P/E of 11.82 and Columbus McKinnon Corp. shows a negative P/E of -27.90, highlighting Manitowoc's relative valuation strength.
The Manitowoc Co., Inc. has outperformed the S&P 500 in the year-to-date period with a return of 21.80% compared to the index's 14.49%. This performance, along with its attractive valuation metrics, reinforces the conclusion that the company is undervalued in the current market.