Is FTC Solar, Inc. overvalued or undervalued?

Sep 20 2025 06:40 PM IST
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As of June 8, 2021, FTC Solar, Inc. is considered risky and overvalued with a Price to Book Value of 6.60 and a negative ROCE of -249.32%, despite a strong year-to-date stock performance of 38.29%.
As of 8 June 2021, the valuation grade for FTC Solar, Inc. moved from does not qualify to risky. The company appears to be overvalued based on its financial metrics. Key ratios include a Price to Book Value of 6.60, an EV to Sales ratio of 1.93, and a significantly negative ROCE of -249.32%.

In comparison to peers, MoneyLion, Inc. has a fair P/E ratio of 107.79, while Blacksky Technology, Inc. shows a risky EV to EBITDA of -67.11. The company's recent stock performance has been strong, with a year-to-date return of 38.29% compared to the S&P 500's 12.22%, indicating a short-term outperformance despite the overall valuation concerns.
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