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, especially when considering its current price of 2.34 against its 52-week high of 3.92. Key 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 despite the company's losses, there may be 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 significantly lower P/E of -12.75, and GigaMedia Ltd. has a P/E of 17.96. This positions Motorsport Games favorably within its peer group, particularly given its attractive valuation despite being loss-making. Notably, the company has outperformed the S&P 500 with a year-to-date return of 74.63% compared to the index's 13.30%, reinforcing the notion of its potential value.