Is iSUN, Inc. overvalued or undervalued?

As of 14 August 2019, the valuation grade for iSUN, Inc. has moved from does not qualify to risky, indicating a significant deterioration in its financial standing. The company appears to be overvalued given its negative P/E ratio of -0.0004 and an EV to EBITDA ratio of -1.39, which are both concerning indicators of its profitability and operational efficiency. Additionally, the return on capital employed (ROCE) stands at -43.29%, and the return on equity (ROE) is alarmingly low at -83.17%, suggesting that the company is struggling to generate returns for its shareholders.
In comparison to its peers, iSUN, Inc. is notably worse off than MISTRAS Group, Inc., which has a P/E ratio of 11.35 and an EV to EBITDA of 5.59, indicating a more favorable valuation and operational performance. Similarly, Energy Services of America Corp. shows a P/E of 28.75 and an EV to EBITDA of 10.88, further emphasizing iSUN's relative weakness. Given these metrics and the overall market sentiment, iSUN, Inc. is deemed overvalued in its current state.