Is SuRo Capital Corp. overvalued or undervalued?

As of 7 November 2024, the valuation grade for SuRo Capital Corp. has moved from risky to does not qualify, indicating a significant deterioration in its financial standing. The company is currently considered overvalued, particularly given its negative earnings and poor return ratios. Key ratios include a Price to Book Value of 1.11, an EV to EBIT of -13.28, and a ROE of -10.76%.
In comparison to its peers, SuRo Capital Corp. shows stark contrasts; for instance, BlackRock Capital Investment Corp. has a P/E ratio of 10.18 and an EV to EBITDA of 5.37, while Medallion Financial Corp. has a P/E of 5.88 and an EV to EBITDA of 0.45. These comparisons highlight the challenges faced by SuRo Capital Corp. in maintaining a competitive valuation. Despite a strong one-year stock return of 79.9%, the overall financial metrics suggest that the company's current price does not reflect its underlying value.