Is Mediaco Holding, Inc. overvalued or undervalued?

As of 11 August 2025, the valuation grade for Mediaco Holding, Inc. has moved from risky to attractive, indicating a significant improvement in its perceived value. The company appears to be undervalued, particularly when considering its Price to Book Value of 0.71, EV to Sales ratio of 1.45, and a notably low EV to EBITDA of -7.92. In comparison to peers, Sinclair, Inc. has a P/E of 6.25 and EV to EBITDA of 5.64, while Gray Television, Inc. shows a P/E of 3.83 and EV to EBITDA of 5.94, highlighting that Mediaco's valuation metrics are significantly lower.
Despite recent struggles, with a 1Y return of -18.52% compared to the S&P 500's 17.14%, the company has shown resilience with a year-to-date return of 15.79%, outperforming the index at 12.22%. This performance, coupled with its attractive valuation grade, suggests that Mediaco Holding, Inc. may present a compelling investment opportunity.