Is Helpage Finlease overvalued or undervalued?

As of 19 September 2025, Helpage Finlease's valuation grade has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as undervalued, with a PE ratio of 10.34, an EV to EBITDA of 9.98, and a PEG ratio of 0.10, all of which suggest that the stock is trading at a discount compared to its earnings growth potential.
In comparison to peers, Bajaj Finance is considered very expensive with a PE ratio of 35.51, while Life Insurance is rated very attractive with a PE of 11.64. This highlights Helpage Finlease's competitive positioning within the Non-Banking Financial Company (NBFC) sector. Despite recent underperformance relative to the Sensex, particularly year-to-date with a return of -14.63% compared to the Sensex's 5.74%, the company's fundamentals indicate it remains a compelling investment opportunity.