Is Apex Frozen Food overvalued or undervalued?

As of 12 August 2025, Apex Frozen Food's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be overvalued at this time, given its high PE ratio of 84.57, an EV to EBIT of 59.83, and a low ROE of 1.86%. In comparison to its peers, Avanti Feeds, which is rated very attractive, has a significantly lower PE ratio of 17.13 and an EV to EBITDA of 11.270, highlighting the disparity in valuation metrics.
While Apex Frozen Food has shown a recent stock return of 8.69% over the past week against a slight decline in the Sensex, its year-to-date performance of -9.22% suggests underlying challenges. The company's financial ratios, particularly the PEG ratio of 0.00 and a dividend yield of only 0.81%, further reinforce the notion that it is currently overvalued compared to its peers in the FMCG sector.