Is Almondz Global overvalued or undervalued?

As of 10 October 2025, Almondz Global's valuation grade has moved from attractive to fair, indicating a shift in market perception. The company is currently fairly valued, with a PE ratio of 16.40, an EV to EBITDA ratio of 17.41, and a ROE of 7.17%. In comparison to its peers, Bajaj Finance is considered very expensive with a PE ratio of 36.56, while Life Insurance stands out as very attractive with a PE of 11.65.
Despite the fair valuation, Almondz Global has underperformed significantly against the Sensex, with a year-to-date return of -48.74% compared to the Sensex's 5.58%. This underperformance, coupled with the company's current valuation metrics, suggests that while it is not undervalued, it may face challenges in regaining investor confidence in the near term.