Is Viad Corp. overvalued or undervalued?

As of 11 March 2025, the valuation grade for Viad Corp. has moved from fair to risky, indicating a significant deterioration in its financial outlook. The company is currently assessed as overvalued. Key ratios highlight this concern, with a Price to Book Value of 1.83, an EV to EBITDA of 7.04, and a ROCE of 15.65%. In comparison, CRA International, Inc. has a P/E ratio of 24.60 and an EV to EBITDA of 12.73, while The Hackett Group, Inc. shows a P/E of 56.09 and an EV to EBITDA of 32.64, both suggesting that Viad Corp. is lagging behind its peers.
Despite a recent uptick in stock price, Viad Corp. has underperformed against the S&P 500 over the past year, with a return of -16.15% compared to the index's 10.26%. The company's negative ROE of -10.69% further underscores its financial struggles, reinforcing the view that it is overvalued in the current market context.