Is Wheels Up Experience, Inc. overvalued or undervalued?

As of 12 August 2021, the valuation grade for Wheels Up Experience, Inc. has moved from does not qualify to risky. The company is currently assessed as overvalued given its negative financial ratios and performance metrics. Notably, the Price to Book Value stands at -3.66, while the EV to EBITDA is at -6.90, indicating significant financial distress. The company's P/E ratio is not applicable due to losses, further underscoring its precarious position.
In comparison to its peers, Wheels Up Experience, Inc. shows a stark contrast with Alaska Air Group, Inc. which has a P/E of 10.04 and EV to EBITDA of 5.57, and Copa Holdings SA, which is very attractive with a P/E of 7.63 and EV to EBITDA of 4.98. The negative returns of Wheels Up Experience, Inc. over various periods, including a 1-year decline of 21.89% compared to the S&P 500's gain of 10.26%, reinforce the notion that the stock is overvalued relative to its peers and market performance.