Is Duncan Engg. overvalued or undervalued?

As of 12 November 2025, Duncan Engineering's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued, with a PE ratio of 35.00, an EV to EBIT of 36.70, and an EV to EBITDA of 20.72. These ratios suggest that the stock is trading at a premium compared to its earnings and cash flow generation capabilities.
In comparison to its peers, Duncan Engineering's PE ratio is higher than Samvardhana Motherson's attractive valuation at 32.72 and Bosch's fair valuation at 48.27. Additionally, the PEG ratio of 0.00 raises concerns about growth expectations, especially when juxtaposed with Samvardhana Motherson's PEG of 14.62. The company's recent stock performance has been underwhelming, with a year-to-date return of -13.73%, contrasting sharply with the Sensex's gain of 8.10% during the same period, further reinforcing the notion of overvaluation.