Is Vivakor, Inc. overvalued or undervalued?

As of 21 November 2022, the valuation grade for Vivakor, Inc. moved from does not qualify to risky, indicating a heightened level of concern regarding its financial health. The company is currently assessed as overvalued given its significant losses and negative returns on equity and capital employed, with a P/E ratio of NA due to its loss-making status. Key ratios include a Price to Book Value of 0.34, an EV to EBITDA of -53.69, and a ROE of -22.36%.
In comparison to its peers, Vivakor's performance is concerning, particularly against Lightbridge Corp., which has a P/E of -22.33, and Codexis, Inc., with a P/E of -2.58. The company's stock has underperformed significantly over the past year, with a return of -52.06% compared to the S&P 500's 10.26%, reinforcing the notion that Vivakor is not a favorable investment at its current valuation.