Is Cadiz, Inc. overvalued or undervalued?

As of 14 November 2022, the valuation grade for Cadiz, Inc. moved from does not qualify to risky. The company is currently assessed as overvalued, given its significant negative performance indicators. Key ratios include a Price to Book Value of 5.88, an EV to EBIT of -11.41, and an ROCE of -32.09%.
In comparison to peers, Cadiz, Inc. has a P/E ratio of -7.2493, while Redfin Corp. also shows a risky valuation with a P/E of -7.7431. Notably, FRP Holdings, Inc. is classified as fair with a P/E of 75.4335, highlighting the disparity in valuation within the sector. Despite a recent 9.51% return over the past week, the year-to-date performance remains concerning at -40.19%, reinforcing the view that Cadiz, Inc. is overvalued relative to its financial health and market position.