Is Calumet, Inc. overvalued or undervalued?

As of 5 March 2020, the valuation grade for Calumet, Inc. moved from attractive to risky, indicating a shift in perception regarding its investment potential. The company appears to be overvalued, particularly given its P/E ratio of -2.997 and an EV to EBITDA ratio of -69.3598, which are significantly unfavorable compared to industry standards. In comparison to its peers, Calumet's valuation metrics are concerning, especially when contrasted with the broader industry benchmarks. For instance, while the industry may have a more favorable P/E ratio, Calumet's negative figures suggest substantial challenges. Additionally, over the past year, Calumet's stock return of 1.86% significantly lagged behind the S&P 500's return of 17.14%, reinforcing the notion that the stock is currently overvalued.