Is Energy-Mission overvalued or undervalued?

As of 26 August 2025, the valuation grade for Energy-Mission has moved from very expensive to fair, indicating a significant adjustment in its market perception. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 16.85, an EV to EBITDA of 11.49, and a ROE of 36.40%.
In comparison to its peers, Energy-Mission's valuation metrics stand out, especially against Thermax, which has a PE ratio of 57.92, and BEML Ltd, with a PE of 53.73, both categorized as expensive. Despite the recent underperformance of Energy-Mission's stock, which has declined 41.69% year-to-date compared to a 4.51% gain in the Sensex, the current valuation suggests that the stock is now more aligned with its intrinsic value, making it an attractive option in the industrial manufacturing sector.