Is Enser overvalued or undervalued?

As of 26 September 2025, Enser's valuation grade has moved from very attractive to attractive, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 21.29, an EV to EBITDA of 13.31, and a ROCE of 33.36%.
When compared to peers, Enser's PE ratio is significantly lower than that of Firstsource Solutions at 39.83 and eClerx Services at 35.66, both of which are considered attractive but have higher valuations. Enser's performance has been underwhelming in recent months, with a year-to-date stock return of -30.94%, contrasting sharply with the Sensex's positive return of 4.27% in the same period. Overall, while Enser is currently fairly valued, its recent performance suggests caution for potential investors.