Is Alacrity Sec. overvalued or undervalued?

As of 7 November 2025, Alacrity Sec. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 21.87, an EV to EBITDA of 19.39, and a ROCE of 16.40%.
In comparison to its peers, Alacrity Sec.'s valuation metrics are significantly lower than those of Bajaj Finance, which has a PE ratio of 38.09, and HDFC Life Insurance, which stands at 85.3. The stock has underperformed relative to the Sensex, particularly year-to-date, where it has declined by 63.02% compared to the Sensex's gain of 6.50%. This underperformance, combined with its current valuation metrics, suggests that while the stock is fairly valued, it may still face challenges in regaining investor confidence.