Is Quest Resource Holding Corp. overvalued or undervalued?

As of 16 May 2022, the valuation grade for Quest Resource Holding Corp. has moved from attractive to risky, indicating a significant deterioration in its financial outlook. The company is currently considered overvalued given its negative earnings and poor performance metrics. Key ratios include a Price to Book Value of 1.02, an EV to EBITDA of 17.81, and a ROE of -39.51%.
In comparison to its peers, Quest's P/E ratio is not applicable due to losses, while Purecycle Technologies, Inc. has a P/E of -13.14 and Enviri Corp. has a P/E of -18.60, both reflecting similar risk profiles. The company's recent stock performance has been notably poor, with a year-to-date return of -67.08%, contrasting sharply with the S&P 500's gain of 2.44% during the same period. This further reinforces the view that Quest Resource Holding Corp. is currently overvalued.