Is Stoneridge, Inc. overvalued or undervalued?

As of 30 October 2024, Stoneridge, Inc. has moved from a fair to a risky valuation grade. The company appears to be overvalued given its negative financial metrics, including a Price to Book Value of 0.66, an EV to EBITDA ratio of 9.04, and a troubling ROE of -4.79%. Comparatively, American Axle & Manufacturing Holdings, Inc. presents a more attractive valuation with a P/E ratio of 9.51 and an EV to EBITDA of 4.02, while Titan International, Inc. also shows a risky profile with a P/E of -26.37.
In terms of recent performance, Stoneridge's stock has underperformed significantly over the longer term, with a 1-year return of -32.23% compared to the S&P 500's 17.14%, and a staggering 5-year return of -54.97% against the S&P's 96.61%. This stark contrast reinforces the notion that Stoneridge is currently overvalued in the market.