Is Intel Corp. overvalued or undervalued?

As of 31 October 2024, Intel Corp. has moved from a fair to a risky valuation grade. The company appears to be overvalued based on its current financial metrics. Key ratios include a Price to Book Value of 0.88, an EV to EBITDA of 15.82, and a ROE of -12.43%. In comparison, NVIDIA Corp. has an attractive P/E of 47.72 and an EV to EBITDA of 41.13, while Micron Technology, Inc. shows a more favorable EV to EBITDA of 10.17.
Despite recent strong stock performance, with a year-to-date return of 52.47% compared to the S&P 500's 12.22%, the long-term outlook remains concerning, as evidenced by a 5-year return of -38.73% versus the S&P 500's 96.61%. This suggests that while short-term gains have been significant, the overall valuation and financial health of Intel Corp. do not support its current price level.