Is D-Link India overvalued or undervalued?

As of 9 October 2025, D-Link India's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued. Key ratios supporting this assessment include a PE ratio of 15.95, an EV to EBIT of 11.81, and a robust ROCE of 52.08%.
In comparison to its peers, D-Link India's PE ratio is significantly lower than Elitecon International's exorbitant 327.09 and MMTC's 151.77, which are categorized as very expensive. Additionally, PTC India, classified as very attractive, has a much lower PE ratio of 7.87, further reinforcing D-Link's relative value. Despite recent stock performance trailing the Sensex, with a year-to-date decline of 13.53% compared to the Sensex's 5.16% gain, the long-term outlook remains promising given the company's strong operational metrics.