Is Universal Logistics Holdings, Inc. overvalued or undervalued?

As of 24 April 2025, the valuation grade for Universal Logistics Holdings, Inc. has moved from very attractive to attractive. Based on the analysis, the company appears to be undervalued. The P/E ratio stands at 9, which is significantly lower than the industry average, while the EV to EBITDA ratio is 5.15, indicating a favorable valuation compared to earnings before interest, taxes, depreciation, and amortization.
In comparison to peers, Universal Logistics Holdings has a P/E ratio of 8.62, while Marten Transport Ltd. is considered very expensive with a P/E of 48.87, and Heartland Express, Inc. is classified as risky with a negative P/E of -27.30. Additionally, the company's ROE is 13.30% and ROCE is 10.67%, demonstrating solid returns relative to its equity and capital employed. Despite recent underperformance against the S&P 500 over the past year, the current valuation metrics suggest that Universal Logistics Holdings, Inc. presents a compelling investment opportunity.