Is FreightCar America, Inc. overvalued or undervalued?

As of 1 November 2017, FreightCar America, Inc. has moved from a fair to a risky valuation grade. The company appears to be overvalued based on its current financial metrics. Key ratios include a P/E ratio of 10, an EV to EBITDA ratio of 5.41, and a PEG ratio of 0.12, which indicates low growth expectations relative to its price.
In comparison to peers, Douglas Dynamics, Inc. has a similar P/E ratio of 10.57 but a significantly higher EV to EBITDA ratio of 11.73, while The Manitowoc Co., Inc. shows a lower P/E of 8.51 and an EV to EBITDA of 6.87. These comparisons highlight that FreightCar America, Inc. is not only underperforming relative to its peers but also carries a higher risk profile. Additionally, despite a strong one-year return of 133.24% compared to the S&P 500's 10.26%, the underlying financials suggest that the stock may not be justified at its current price level.