Is HEC Infra Proj. overvalued or undervalued?

As of 4 July 2025, the valuation grade for HEC Infra Proj. has moved from expensive to fair, indicating a more favorable assessment of its market position. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 18.84, an EV to EBIT of 15.86, and a PEG ratio of 0.25, suggesting that the stock is reasonably priced relative to its earnings growth potential.
In comparison to peers, HEC Infra Proj. stands out against Elitecon International and Lloyds Enterprises, both of which are categorized as very expensive with PE ratios of 176.28 and 202.81, respectively. Additionally, Optiemus Infra is also rated as fair with a PE of 85.96, further supporting HEC Infra Proj.'s valuation. Notably, the company has outperformed the Sensex in the year-to-date period with a return of 35.16% compared to the Sensex's 7.68%, reinforcing its attractiveness in the current market landscape.