Is Goel Food overvalued or undervalued?

As of 23 September 2025, Goel Food's valuation grade has moved from attractive to fair. The company is currently fairly valued, with a PE ratio of 5.95, an EV to EBITDA ratio of 6.12, and a ROE of 22.79%. In comparison to its peers, Goel Food's valuation metrics are significantly lower; for instance, Hindustan Unilever has a PE ratio of 55.64, while Nestle India stands at 74.77, indicating that Goel Food is trading at a substantial discount relative to these industry leaders.
Despite its fair valuation, Goel Food has underperformed compared to the Sensex, with a year-to-date return of -18.56% against the Sensex's 5.07%. This underperformance, alongside its current valuation ratios, suggests that while the company is not overvalued, it may face challenges in regaining investor confidence in the near term.