Is Femasys, Inc. overvalued or undervalued?

As of 12 November 2024, Femasys, Inc. has moved from a grade of "does not qualify" to "risky." The company is currently considered overvalued. Key ratios include a Price to Book Value of 12.40, an EV to EBIT of -1.38, and an EV to EBITDA of -1.44, indicating significant financial distress and inefficiency in generating earnings relative to its valuation.
In comparison to peers, Femasys shows a stark contrast to Diebold Nixdorf, Inc., which has a P/E ratio of 38.77, and Evolv Technologies Holdings, Inc., with an EV to EBITDA of -15.83. The negative returns of Femasys, with a YTD decline of 18.09% compared to a 2.44% increase in the S&P 500, further reinforce the notion that the stock is overvalued given its poor performance and financial metrics.