Is Falcon’s Beyond Global, Inc. overvalued or undervalued?

As of 1 October 2023, Falcon's Beyond Global, Inc. has moved from fair to attractive. The company is currently undervalued based on its financial metrics. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Book (P/B) ratio of 1.8, and a Debt-to-Equity (D/E) ratio of 0.5, indicating a solid financial position relative to its earnings and book value.
In comparison to its peers, Cedar Fair, L.P. has a P/E ratio of 20.1, while SeaWorld Entertainment, Inc. stands at a P/E of 18.5. These comparisons suggest that Falcon's Beyond is trading at a discount relative to its industry peers. Additionally, Falcon's stock has shown a stronger performance than the Sensex recently, reinforcing the narrative of being undervalued.