Is Willdan Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Willdan Group, Inc. has moved from very attractive to fair. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 34, an EV to EBITDA of 18.14, and a PEG ratio of 0.42. In comparison to peers, Willdan's P/E ratio of 40.42 is lower than Paymentus Holdings, Inc. at 79.78, but higher than Universal Technical Institute, Inc. at 23.75, indicating a mixed competitive position.
While Willdan has shown impressive returns, particularly a year-to-date return of 150.46% compared to the S&P 500's 13.30%, its long-term performance over 10 years is lagging behind the index, with both showing 204.50% returns. This suggests that while the company has had a strong recent performance, its valuation may not fully reflect its potential in the long run.