Is Gulfport Energy Corp. overvalued or undervalued?

As of 25 February 2025, Gulfport Energy Corp. has moved from a valuation grade of very expensive to risky. The company is currently considered undervalued based on its P/E ratio of 8, which is significantly lower than peers like Comstock Resources, Inc. with a P/E of 166.82 and Magnolia Oil & Gas Corp. at 13.72. Additionally, Gulfport's EV to EBITDA ratio stands at 7.54, which also indicates a more attractive valuation compared to its peers.
In terms of performance metrics, Gulfport's ROE is notably high at 26.20%, while the ROCE is at 9.60%. The company's current price of 201.79 reflects a strong return of 32.7% over the past year, outperforming the S&P 500's return of 10.26% in the same period. Overall, Gulfport Energy Corp. appears to be undervalued relative to its peers and its financial ratios suggest potential for growth.