Is VOC Energy Trust overvalued or undervalued?

As of 14 May 2021, the valuation grade for VOC Energy Trust moved from expensive to very attractive, indicating a significant improvement in its valuation outlook. The company appears undervalued, supported by a P/E ratio of 4, an EV to EBITDA ratio of 4.23, and a remarkable ROCE of 109.70%. In comparison, Blackrock TCP Capital Corp. has a P/E ratio of -51.75, highlighting the relative attractiveness of VOC Energy Trust's valuation metrics.
Despite the lack of recent return data, the company's current price of 2.80 is well below its 52-week high of 5.69, suggesting potential for upside. Overall, VOC Energy Trust's valuation ratios and peer comparisons reinforce the conclusion that it is undervalued in the current market.