Is Asure Software, Inc. overvalued or undervalued?

As of 8 August 2022, the valuation grade for Asure Software, Inc. moved from fair to risky, indicating a deterioration in its investment appeal. The company appears to be overvalued given its current financial metrics, including a Price to Book Value of 1.38, an EV to EBITDA ratio of 22.23, and a negative ROE of -7.01%. In comparison, peers such as Red Violet, Inc. exhibit a very expensive P/E ratio of 82.0719, while Priority Technology Holdings, Inc. has a more favorable EV to EBITDA of 7.5499, highlighting Asure's relative weakness in valuation. The lack of positive earnings and the negative return on capital employed further reinforce the notion that Asure Software is not a compelling investment at its current price of $8.10. Although specific return data is unavailable, the absence of positive returns compared to the S&P 500 suggests that the stock may not be performing well relative to broader market benchmarks.