Is VOC Energy Trust overvalued or undervalued?

As of 14 May 2021, the valuation grade for VOC Energy Trust moved from very expensive to very attractive, indicating a significant shift in its perceived value. The company is currently considered undervalued. Key ratios include a P/E ratio of 4, an EV to EBIT of 4.23, and an impressive ROCE of 109.70%.
In comparison to its peers, VOC Energy Trust's P/E ratio is significantly lower than WisdomTree, Inc. at 17.96 and Dorchester Minerals LP at 14.36, both of which are classified as expensive. This stark contrast reinforces the undervaluation narrative for VOC Energy Trust. Additionally, while the stock has underperformed against the S&P 500 on a year-to-date basis, it has shown resilience over a five-year horizon with a return of 21.16%.