Is J.W. Mays, Inc. overvalued or undervalued?

As of 20 October 2022, J.W. Mays, Inc. has moved from a very attractive to a risky valuation grade, indicating a significant deterioration in its financial outlook. The company is currently considered overvalued, particularly given its negative P/E ratio and troubling financial metrics. Key ratios include a Price to Book Value of 1.59, an EV to EBITDA of 43.18, and a ROCE of -0.74%.
In comparison to its peers, J.W. Mays, Inc. stands out unfavorably; for instance, Five Point Holdings LLC, which is rated very attractive, has a P/E of 6.72 and an EV to EBITDA of 0.62, while Maui Land & Pineapple Co., Inc. is also rated risky with an EV to EBITDA of -46.72. Additionally, J.W. Mays has underperformed against the S&P 500, with a year-to-date return of -12.30% compared to the index's 2.44%. This combination of poor financial ratios and relative performance suggests that the company is not a favorable investment at its current price.