Is Satixfy Communications Ltd. overvalued or undervalued?

As of 26 May 2023, the valuation grade for Satixfy Communications Ltd. has moved from does not qualify to risky, indicating a shift in perceived risk associated with the company's financials. The company is currently overvalued, as evidenced by its negative P/E ratio and poor performance metrics. Key ratios include a Price to Book Value of -2.23 and an EV to EBITDA of -14.79, both of which highlight significant financial distress.
In comparison to its peers, Satixfy's P/E ratio of -6.39 is worse than Intevac, Inc. at -3.86 and GSI Technology, Inc. at -7.57, suggesting that Satixfy is underperforming relative to its competitors. The company's negative return on capital employed and negative return on equity further underscore its challenging financial position. Overall, the combination of these factors leads to the conclusion that Satixfy Communications Ltd. is currently overvalued in the market.