Is Axis Solution overvalued or undervalued?

As of 6 October 2025, the valuation grade for Axis Solution has moved from very attractive to risky, indicating a significant shift in its perceived investment quality. The company is currently deemed overvalued. Key ratios include a PE ratio of 4.86, an EV to EBITDA of 6.22, and a ROCE of 60.74%.
In comparison to its peers, Axis Solution's PE ratio of 99.58 stands in stark contrast to Thomas Cook (I) at 28.82 and Easy Trip Planning at 38.23, both of which are considered attractive or fair. Additionally, the negative book value of Axis Solution raises concerns about its financial health. While the stock has shown impressive returns over the past five years at 667.16%, it has underperformed the Sensex over the same period, suggesting that current valuations may not be justified.