Is The ODP Corp. overvalued or undervalued?

As of 31 October 2025, the valuation grade for The ODP Corp. has moved from very expensive to expensive, indicating a slight improvement in perceived value. The company appears to be overvalued based on its current metrics. Key valuation ratios include a P/E ratio of 9, a Price to Book Value of 1.50, and an EV to EBITDA of 4.92, which suggest that the stock is trading at a premium compared to its earnings and assets.
In comparison to its peers, The ODP Corp. has a higher P/E ratio than Group 1 Automotive, Inc. at 18.26 and Asbury Automotive Group, Inc. at 18.90, both of which are considered fairly attractive. Additionally, its EV to EBITDA ratio is lower than that of Wayfair, Inc., which stands at 75.72, but still indicates a relative premium. The ODP Corp.'s year-to-date return of 22.25% outperformed the S&P 500's 16.30%, but the one-year return of -11.72% significantly lags behind the S&P 500's 19.89%, reinforcing the notion of overvaluation.