Is SIGA Technologies, Inc. overvalued or undervalued?

As of 11 March 2025, the valuation grade for SIGA Technologies, Inc. has moved from very attractive to attractive. Based on the analysis, the company appears to be undervalued. The P/E ratio stands at 9, which is significantly lower than the industry average, while the EV to EBITDA ratio is 4.72, indicating a favorable valuation compared to earnings before interest, taxes, depreciation, and amortization.
In comparison to its peers, SIGA Technologies has a P/E ratio of 9.27, while Procaps Group SA, a very attractive peer, has a P/E ratio of 605.22, highlighting a stark contrast in valuation. Additionally, Liquidia Corp., categorized as risky, shows a negative P/E of -8.60, further emphasizing SIGA's relative undervaluation. Despite recent stock performance trailing the S&P 500 over the past year, SIGA's strong ROCE of 103.73% and ROE of 22.45% suggest robust operational efficiency, reinforcing the view that the company is undervalued in the current market.