Is Plymouth Industrial REIT, Inc. overvalued or undervalued?

As of 26 February 2025, the valuation grade for Plymouth Industrial REIT, Inc. has moved from expensive to very attractive, indicating a significant shift in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a P/E ratio of 5, an EV to EBITDA of 4.59, and a PEG ratio of 0.01, which suggest that the stock is trading at a substantial discount relative to its earnings growth potential.
In comparison to peers, Plymouth Industrial REIT stands out with a much lower P/E ratio than The GEO Group, Inc. at 31.10 and a more favorable EV to EBITDA ratio than Paramount Group, Inc. at 2.39. Additionally, the company's impressive dividend yield of 568.58% and ROE of 24.13% further reinforce its attractive valuation. Despite recent underperformance compared to the S&P 500 over the past year, the current metrics suggest that Plymouth Industrial REIT, Inc. presents a compelling investment opportunity.