Is The ODP Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for The ODP Corp. moved from attractive to fair, indicating a shift towards a more neutral assessment. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 9, an EV to EBITDA of 4.92, and a Price to Book Value of 1.50. In comparison, its peer, which has a fair valuation, shows a P/E of approximately 14.06 and an EV to EBITDA of 5.79, suggesting that The ODP Corp. is trading at a lower valuation relative to its peers.
Despite the recent fair valuation, The ODP Corp. has underperformed against the S&P 500 in the longer term, with a 3-year return of -27.02% compared to the S&P 500's 81.19%. However, in the past month, the company has shown a strong return of 28.04%, outperforming the S&P 500's 0.96% return, which may indicate a potential turnaround.