Is Mobileye Global, Inc. overvalued or undervalued?

As of 27 July 2023, the valuation grade for Mobileye Global, Inc. has moved from does not qualify to risky, indicating a shift in perception regarding its financial health. The company is currently considered overvalued, primarily due to its negative earnings and poor return metrics. Key ratios include a Price to Book Value of 1.14, an EV to EBITDA of 120.74, and a ROCE of -3.88%.
In comparison to its peers, Mobileye's P/E ratio stands at -43.60, while Samsara, Inc. also shows a negative P/E at -187.81, highlighting the struggles within this segment. In contrast, Informatica, Inc. presents a much more favorable P/E of 1606.07, suggesting that Mobileye is lagging behind its more successful counterparts. Additionally, Mobileye's recent stock performance has underperformed against the S&P 500, with a year-to-date return of -17.57% compared to the S&P's 2.44%.