Is Ashapura Minech. overvalued or undervalued?

Sep 17 2025 08:02 AM IST
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As of September 16, 2025, Ashapura Minech. is fairly valued with a PE ratio of 17.11, an EV to EBITDA of 14.98, and a ROE of 23.82%, outperforming peers like NMDC and Coal India, and achieving a year-to-date stock return of 60.10% compared to the Sensex's 5.43%.
As of 16 September 2025, the valuation grade for Ashapura Minech. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 17.11, an EV to EBITDA of 14.98, and a ROE of 23.82%.
In comparison to its peers, Ashapura Minech. stands alongside NMDC, which is also rated fair with a PE of 10.15, and Coal India, which is rated very attractive with a PE of 7.36. The company's strong performance is further highlighted by its impressive year-to-date stock return of 60.10%, significantly outpacing the Sensex return of 5.43% during the same period.
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