Is Sportradar Group AG overvalued or undervalued?

As of 12 May 2025, the valuation grade for Sportradar Group AG has moved from very expensive to expensive, indicating a slight improvement in its valuation outlook. The company is currently considered overvalued, with a P/E ratio of 107, significantly higher than the industry average, which is not provided but can be inferred to be lower based on peer comparisons. The EV to EBITDA ratio stands at 18.84, and the PEG ratio is at 1.95, suggesting that the stock is priced high relative to its earnings growth potential.
In comparison to peers, Sportradar's P/E ratio of 110.21 is notably higher than that of Envestnet, Inc., which has a P/E of 85.75, and Progress Software Corp., which is at 37.30. Additionally, Sportradar's ROE of 6.65% is lower than the industry standard, indicating less efficiency in generating profits from equity. Recent stock performance has outpaced the S&P 500, with a year-to-date return of 49.31% compared to the S&P 500's 2.44%, but this strong performance does not mitigate the overvaluation concerns based on the current ratios.