Is PhenixFIN Corp. overvalued or undervalued?

As of 31 October 2025, PhenixFIN Corp. has moved from fair to attractive in its valuation grade, indicating a positive shift in its perceived worth. The company appears undervalued, especially when considering its P/E ratio of 10, which is significantly lower than the peer average of 15.62, and a price-to-book value of 0.63, suggesting that the market is undervaluing its assets. Additionally, the EV to EBITDA ratio stands at 4.97, which is competitive within the industry.
In comparison to its peers, PhenixFIN Corp. shows a more favorable valuation profile, particularly with its lower P/E ratio compared to the industry average, which may signal potential for price appreciation. Notably, while the company has faced challenges with negative returns over the past year (-9.27%), it has outperformed the S&P 500 over the five-year period with a return of 111.14% compared to the index's 109.18%. This suggests that despite recent struggles, the long-term outlook may still be promising for investors.