Is D-Link India overvalued or undervalued?

As of 10 July 2025, D-Link India has moved from a fair to an attractive valuation grade, indicating a positive shift in its market perception. The company is currently considered undervalued, supported by a PE ratio of 19.39, an EV to EBIT of 14.80, and a robust ROCE of 52.08%. In comparison to its peers, D-Link India stands out favorably; for instance, PTC India, which is rated very attractive, has a significantly lower PE ratio of 9.44, while Elitecon International is deemed very expensive with a PE ratio of 214.25.
Despite recent fluctuations, D-Link India's stock has shown resilience, with a year-to-date return of 4.35%, although it has underperformed the Sensex over the past year. The company's strong fundamentals, highlighted by a dividend yield of 3.16% and an ROE of 21.93%, further support the conclusion that it is undervalued relative to its peers and the broader market.