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

As of 20 October 2022, the valuation grade for J.W. Mays, Inc. moved from fair to risky, indicating a shift towards a more negative outlook. The company appears to be overvalued based on its financial metrics. Key ratios include a Price to Book Value of 1.59, an EV to EBITDA of 43.18, and a negative ROCE of -0.74%.
In comparison to peers, Five Point Holdings LLC has a more favorable EV to EBITDA of 4.34 and a P/E ratio of 8.22, while Maui Land & Pineapple Co., Inc. shows a risky valuation with an EV to EBITDA of -57.74. Notably, J.W. Mays, Inc. has underperformed against the S&P 500, with a year-to-date return of -12.52% compared to the index's 12.22%, reinforcing the notion of its overvaluation.