Is MoneyHero Ltd. overvalued or undervalued?

As of 9 February 2023, the valuation grade for MoneyHero Ltd. has moved from fair to risky, indicating a potential concern regarding its valuation. The company appears to be overvalued, as evidenced by its P/E ratio of -2.55 and EV/EBITDA ratio of -1.42, which are significantly below industry standards. Additionally, the absence of a PEG ratio suggests a lack of growth prospects, further reinforcing the overvaluation stance.
In comparison to peers, MoneyHero Ltd. is underperforming, with its P/E ratio and EV/EBITDA metrics indicating a less favorable position than competitors in the software and consulting industry. Notably, while MoneyHero has shown impressive returns of 98.21% YTD compared to the S&P 500's 12.22%, this performance is overshadowed by a drastic decline of -77.82% over the past three years, highlighting volatility and potential risk.