Is Candour Techtex overvalued or undervalued?

As of 17 September 2025, Candour Techtex's valuation grade has moved from expensive to fair. The company is currently fairly valued despite its challenging financial metrics. Key ratios include a PE ratio of -143.40, an EV to EBITDA of 43.23, and a ROCE of 2.20%.
In comparison to its peers, Bajaj Steel Industries is attractive with a PE of 21.5, while LMW is very expensive at a PE of 157.19. The significant negative PE ratio of Candour Techtex suggests underlying issues, yet the recent price movement indicates a potential stabilization. Notably, over the past year, Candour Techtex has outperformed the Sensex with a return of 25.43% compared to the Sensex's -0.46%.