Is Future FinTech Group, Inc. overvalued or undervalued?

As of 9 August 2021, the valuation grade for Future FinTech Group, Inc. has moved from does not qualify to risky, indicating a significant deterioration in its financial health. The company is currently considered overvalued given its troubling financial metrics, including a Price to Book Value of 0.54 and an EV to Sales ratio of 0.13, both of which suggest that the market is not valuing the company's assets appropriately. Additionally, the negative ROCE of -575.57% and ROE of -380.48% further highlight the company's struggles in generating returns.
In comparison to its peers, Future FinTech Group's valuation ratios are starkly unfavorable. For instance, Finance of America Cos., Inc. boasts a P/E ratio of 168.54, while USIO, Inc. has an EV to EBITDA ratio of 31.13, both indicating much stronger financial performance. The company's recent stock performance has been dismal, with a year-to-date return of -66.12%, significantly underperforming the S&P 500's 2.44% return in the same period, reinforcing the notion that Future FinTech Group is overvalued in its current state.