Is ViaSat, Inc. overvalued or undervalued?

As of 25 May 2022, the valuation grade for ViaSat, Inc. moved from fair to risky, indicating a shift in perception regarding its financial health. The company is currently considered overvalued given its negative earnings and poor return metrics. Key ratios include a Price to Book Value of 0.26, an EV to EBITDA of 5.30, and a ROE of -9.47%.
In comparison to peers, ViaSat's EV to EBITDA ratio of 4.94 is significantly better than Calix, Inc.'s -99.03, but both companies are categorized as risky. The stock has shown a year-to-date return of 50.76%, outperforming the S&P 500’s 2.44%, yet the long-term performance remains concerning with a 5-year return of -68.22%. Overall, ViaSat appears to be overvalued in light of its financial metrics and peer comparisons.