Is Sacks Parente Golf, Inc. overvalued or undervalued?

As of 5 August 2024, Sacks Parente Golf, Inc. has moved from a grade of "does not qualify" to "risky." The company is currently overvalued, given its significant financial challenges. Key ratios include a Price to Book Value of 1.20, an EV to Sales ratio of 0.37, and a staggering ROCE of -568.90%. In comparison to its peers, Sacks Parente Golf, Inc. shows a negative EV to EBITDA of -0.29, while Mastercraft Boat Holdings, Inc. has a much healthier EV to EBITDA of 17.2889. Additionally, Funko, Inc. displays a negative P/E of -13.6023, indicating similar struggles within the sector. The company's stock has underperformed significantly, with a year-to-date return of -87.85% compared to a modest 2.44% return from the S&P 500, reinforcing the notion that it is currently overvalued.