Is Covidh Technolog overvalued or undervalued?

As of 4 July 2025, Covidh Technolog has moved from a grade of risky to does not qualify, indicating a significant deterioration in its valuation outlook. The company is currently overvalued, as evidenced by its negative PE ratio of -0.05, an EV to EBIT ratio of -0.17, and a ROCE of -8.00%. These figures suggest that the company is struggling to generate positive returns and is not positioned favorably compared to its peers.
In comparison to its industry peers, Covidh Technolog's valuation metrics are starkly unfavorable. For instance, Altius Telecom boasts a PE ratio of 52.6, while Embassy Office REIT has a PE of 22.87, both indicating much stronger market positions. The lack of positive valuation ratios and the company's inability to generate shareholder value further reinforce the conclusion that it is overvalued. Additionally, while Covidh Technolog has shown a return of 141.54% over the past five years, this is juxtaposed against a backdrop of poor performance relative to the Sensex, which has increased by 196.99% in the same period.