Is Hexa Tradex overvalued or undervalued?

As of 14 October 2025, the valuation grade for Hexa Tradex has moved from risky to very expensive. This indicates a significant shift in the perception of the company's value, suggesting it is overvalued at its current price of 169.65. Key ratios reflect this concern, with a PE ratio of -38.19, an EV to EBITDA of 871.67, and a ROE of -0.55%, all of which signal financial distress and inefficiency.
When comparing Hexa Tradex to its peers, it stands out unfavorably against companies like Elitecon International, which has a PE ratio of 378.51, and Lloyds Enterprises, with a PE of 30.05. The stark contrast in valuation metrics indicates that Hexa Tradex is not only overvalued but also underperforming relative to its industry peers. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -38.08%, significantly lagging behind the Sensex's gain of 4.98% during the same period.