Is Superior Industries International, Inc. overvalued or undervalued?

As of 1 November 2023, the valuation grade for Superior Industries International, Inc. has moved from fair to risky, indicating a deteriorating outlook. The company appears to be overvalued given its current financial metrics, particularly with a Price to Book Value of 0.90, an EV to EBIT of 17.06, and a troubling ROE of -196.49%. In comparison, American Axle & Manufacturing Holdings, Inc. is considered attractive with a P/E of 9.51 and an EV to EBITDA of 4.02, while Cooper-Standard Holdings, Inc. is also risky with an EV to EBITDA of 7.37.
The company's stock has significantly underperformed against the S&P 500, with a year-to-date return of -95.87% compared to the index's 12.22%. This stark contrast reinforces the notion that Superior Industries is currently overvalued in the market.