Is Golden Matrix Group, Inc. overvalued or undervalued?

As of 24 March 2025, the valuation grade for Golden Matrix Group, Inc. has moved from fair to risky, indicating a significant deterioration in its financial outlook. The company is considered overvalued given its current metrics, particularly with a Price to Book Value of 2.45 and an EV to EBITDA ratio of 20.37, which are high relative to its peers. Additionally, the company’s ROE stands at -3.86%, reflecting ongoing losses and inefficiency in generating returns for shareholders.
In comparison to its peers, Golden Matrix Group's valuation ratios are concerning; for instance, Blacksky Technology, Inc. has a more favorable EV to EBITDA of -67.11, while ReposiTrak, Inc. shows a robust P/E of 47.10. The company's recent stock performance has been poor, with a year-to-date return of -49.66% compared to the S&P 500's 12.22%, highlighting the stark underperformance and reinforcing the view that the stock is overvalued.