Is Amplify Energy Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Amplify Energy Corp. has moved from attractive to expensive, indicating a shift in its perceived value. The company appears to be overvalued based on its current metrics, particularly with a P/E ratio of 6, which is higher than some peers like Riley Exploration Permian, Inc. at 5.24 and VAALCO Energy, Inc. at 10.74. Additionally, Amplify's EV to EBITDA stands at 3.40, while its EV to Sales is 0.89, both suggesting that the company's valuation does not align favorably with its earnings and sales performance compared to its peers.
In terms of recent performance, Amplify Energy Corp. has faced significant declines, with a year-to-date return of -30.00% compared to a 13.30% gain for the S&P 500, and a one-year return of -37.22% against a 14.08% increase in the index. This stark contrast reinforces the notion that the stock may be overvalued in the current market environment.