Is UTZ Brands, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for UTZ Brands, Inc. has moved from attractive to fair, indicating a shift in its perceived value. Based on the current metrics, the company appears to be overvalued. The P/E ratio stands at 106, significantly higher than the industry average, while the EV to EBITDA ratio is at 19.05, which also suggests a premium valuation compared to peers. Additionally, the PEG ratio of 0.40 indicates that the stock may not be justified by its growth prospects.
In comparison to its peers, Balchem Corp. has a P/E of 36.79 and Sensient Technologies Corp. has a P/E of 45.73, both of which are considerably lower than UTZ's P/E, reinforcing the notion that UTZ is overvalued. Furthermore, the company has underperformed against the S&P 500 across multiple periods, with a year-to-date return of -21.90% compared to the S&P 500's 13.30%, highlighting the challenges it faces in the current market environment.