Is The ODP Corp. overvalued or undervalued?

As of 17 October 2025, The ODP Corp. has moved from an attractive to a fair valuation grade. The company is fairly valued based on its current metrics. 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, a peer such as The ODP Corp. has a higher P/E ratio of approximately 14.06, indicating that it is trading at a premium relative to The ODP Corp.
In terms of recent performance, The ODP Corp. has underperformed against the S&P 500 over the past year, with a return of -10.85% compared to the index's 14.08%. However, it has shown stronger performance year-to-date with a return of 22.08% versus the S&P 500's 13.30%. Overall, while the stock is fairly valued, its recent performance highlights some challenges relative to broader market trends.