Is Royalty Management Holding Corp. overvalued or undervalued?

As of 14 May 2025, the valuation grade for Royalty Management Holding Corp. has moved from does not qualify to risky, indicating a shift in perception regarding its financial health. The company appears to be overvalued, particularly when considering its P/E ratio of -27.83, which is significantly below the industry average, and an EV to EBITDA ratio of -27.9685. Additionally, the absence of a PEG ratio further complicates the valuation picture.
In comparison to its peers, Royalty Management Holding Corp. stands out with a notably negative P/E ratio, while its EV to EBITDA ratio also reflects a concerning valuation relative to the industry. Despite its recent stock performance, which has outpaced the S&P 500 with a YTD return of 100.4% compared to the S&P 500's 12.22%, the underlying financial metrics suggest that the stock may not be justified at its current price level.