Is Golden Matrix Group, Inc. overvalued or undervalued?

As of 24 March 2025, the valuation grade for Golden Matrix Group, Inc. has moved from expensive to risky, indicating a significant shift in its perceived value. The company appears to be overvalued given its current financial metrics, including a Price to Book Value of 2.45 and an EV to EBITDA ratio of 20.37, which are notably high compared to its peers. Additionally, the company has a negative ROE of -3.86% and a ROCE of only 0.34%, suggesting inefficiencies in generating returns.
In comparison to its peers, Golden Matrix Group, Inc. shows a stark contrast with ReposiTrak, Inc., which has a P/E ratio of 54.06 and an EV to EBITDA of 46.60, indicating a more favorable valuation. Other risky peers like Blacksky Technology, Inc. and OptimizeRx Corp. also reflect concerning metrics, with EV to EBITDA ratios of -139.15 and 250.13, respectively. The company's recent stock performance has been underwhelming, with a one-year return of -42.67%, significantly lagging behind the S&P 500's 10.26% return, further reinforcing the notion that it is currently overvalued.