Is Future FinTech Group, Inc. overvalued or undervalued?

As of 9 August 2021, the valuation grade for Future FinTech Group, Inc. moved from does not qualify to risky, indicating a deterioration in its financial standing. The company appears to be overvalued, given its significant losses reflected in key ratios such as a Price to Book Value of 0.54, an EV to EBIT of -0.05, and an EV to Sales ratio of 0.13. In comparison to peers, Mill City Ventures III Ltd. is very expensive with a P/E of 324.84, while Finance of America Cos., Inc. is very attractive with a P/E of 17.29, highlighting the stark contrast in valuation metrics within the industry.
The company's recent stock performance has been poor, with a year-to-date return of -29.33%, significantly underperforming the S&P 500's 12.22% return over the same period. This trend continues over longer time frames, with a 5-year return of -97.93% compared to the S&P 500's impressive 96.61%, reinforcing the notion that Future FinTech Group, Inc. is overvalued in its current state.