Is Americold Realty Trust, Inc. overvalued or undervalued?

As of 6 May 2021, the valuation grade for Americold Realty Trust, Inc. moved from very attractive to risky. The company appears to be overvalued, given its high P/E ratio of 37 compared to peers like Annaly Capital Management, Inc. with a P/E of 19.50 and Regency Centers Corp. with a P/E of 63.58. Additionally, the EV to EBITDA ratio stands at 22.14, which is significantly higher than the industry average, indicating potential overvaluation. The PEG ratio of 0.38 suggests that the stock may not be priced appropriately relative to its growth prospects.
In terms of peer comparison, Americold's valuation metrics are less favorable than those of several competitors, such as Healthpeak Properties, Inc. with an EV to EBITDA of 7.58 and a PEG ratio of 0.00, highlighting the risk associated with Americold's current valuation. Furthermore, the company's stock has underperformed significantly against the S&P 500, with a year-to-date return of -39.30% compared to the index's 12.22%, reinforcing the notion of overvaluation.