Is New Concept Energy, Inc. overvalued or undervalued?

As of 9 February 2018, the valuation grade for New Concept Energy, Inc. has moved from risky to does not qualify, indicating a significant deterioration in its financial standing. The company is currently considered overvalued given its negative performance metrics, including a Price to Book Value of 1.05 and an EV to EBITDA of -4.41. Additionally, the Return on Capital Employed (ROCE) stands at -5.86%, further highlighting the company's struggles.
In comparison to its peers, New Concept Energy, Inc. exhibits weaker financial ratios, with its valuation metrics falling short of those like AMREP Corp., which has a P/E ratio of 8.6853 and an EV to EBITDA of 5.6076, indicating a more favorable investment profile. Other peers such as Rafael Holdings, Inc. also show better metrics with a P/E ratio of -8.1139. Given these comparisons and the company's negative returns over the past year, it is clear that New Concept Energy, Inc. is overvalued in the current market context.