Is BuzzFeed, Inc. overvalued or undervalued?

As of 16 May 2022, the valuation grade for BuzzFeed, Inc. moved from expensive to risky, indicating a deterioration in its financial standing. The company appears to be overvalued given its negative performance metrics, including a Price to Book Value of 0.84, an EV to EBITDA of -5.02, and a ROE of -47.53%. In comparison, peers like The Arena Group Holdings, Inc. have a P/E ratio of 9.76 and an EV to EBITDA of 7.57, highlighting a significant disparity in valuation.
The stock has underperformed relative to the S&P 500, with a year-to-date return of -28.09% compared to the index's 12.22%. This further reinforces the notion that BuzzFeed, Inc. is overvalued in its current market position.