Is Satellogic, Inc. overvalued or undervalued?

As of 4 December 2023, Satellogic, Inc. has moved from a classification of "does not qualify" to "risky." The company is currently considered overvalued based on its financial metrics. Key ratios include a Price to Book Value of -4.38, an EV to EBITDA of -11.22, and an EV to Sales ratio of 34.49, all indicating significant financial distress and negative performance.
In comparison to its peers, Satellogic's P/E ratio stands at -6.17, while Redwire Corp. also carries a risky valuation with a P/E of -13.31. Notably, Kaman Corp. is categorized as very expensive with a P/E of 120.26, highlighting the disparity in valuations within the industry. Despite a strong one-year return of 237.14% compared to the S&P 500's 10.26%, the underlying financial ratios suggest that Satellogic is not a sound investment at its current price of 3.54.