Is Unique Fabricating, Inc. overvalued or undervalued?

As of 7 August 2019, Unique Fabricating, Inc. has moved from a very attractive to a risky valuation grade. The company appears to be overvalued given its current financial metrics. The P/E ratio is reported at -0.0002, indicating negative earnings, while the EV to EBITDA stands at 22.11, significantly higher than the industry average, suggesting that investors are paying a premium for earnings that are not currently positive. Additionally, the ROE is alarmingly low at -67.57%, reflecting severe inefficiencies in generating returns from equity.
In comparison with peers, Hyliion Holdings Corp. also carries a risky valuation with a P/E of -4.6328, while STRATTEC Security Corp. is rated fair with a P/E of 20.75, highlighting a stark contrast in valuation and performance. Other peers like Motorcar Parts of America, Inc. and Sypris Solutions, Inc. are similarly classified as risky, further indicating the challenging environment Unique Fabricating, Inc. operates within. Overall, the combination of negative ratios and poor performance metrics suggests that Unique Fabricating, Inc. is overvalued in the current market context.