Down 23% in a 12 months, is Frasers Group a FTSE 250 cut price?

This FTSE 250 inventory gives no passive revenue however seems to be 42% undervalued to me!

Since December 2023, this FTSE 100 inventory’s fallen 32%. Is it now too low-cost to miss?

If Mike Ashley turns into boohoo CEO, might the share price rocket greater?