Is FutureFuel Corp. overvalued or undervalued?

As of 12 May 2025, FutureFuel Corp. has moved from an expensive to a risky valuation grade. The company appears to be overvalued based on several key metrics, including a Price to Book Value of 0.90, an EV to Sales ratio of 0.36, and an EV to Capital Employed of 0.80. In comparison to peers, Westlake Chemical Partners LP has a much more favorable EV to EBITDA of 2.5012, while Mativ Holdings, Inc. shows a significantly negative P/E ratio of -22.2085, indicating a challenging environment for the specialty chemicals sector.
Recent stock performance further underscores this valuation perspective, as FutureFuel Corp. has experienced a year-to-date decline of 23.44%, significantly underperforming the S&P 500's gain of 12.22% in the same period. This trend continues over longer horizons, with a 5-year return of -67.68% compared to the S&P 500's impressive 96.61%, reinforcing the notion that FutureFuel Corp. is currently overvalued.