Is Motorsport Games, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Motorsport Games, Inc. has moved from fair to attractive, indicating a more favorable assessment of its value. The company appears to be undervalued, particularly when considering its current price of 2.34 against its 52-week high of 3.92. Key valuation ratios include a Price to Book Value of 16.12, an EV to EBIT of -2.95, and an EV to Sales of 2.04, which suggest that while the company is facing challenges, it may hold potential for recovery.
In comparison to peers, Motorsport Games, Inc. has a P/E ratio of 8.88, while Next Technology Holding, Inc. shows a P/E of -12.75, and GigaMedia Ltd. has a P/E of 17.96. This positions Motorsport Games favorably within its industry, despite the overall negative sentiment reflected in its EV to EBITDA of -5.24. Notably, the company's year-to-date return of 74.63% significantly outpaces the S&P 500's return of 13.30%, reinforcing the notion that it may be undervalued relative to its recent performance.