Is Holmarc Opto overvalued or undervalued?

As of 29 September 2025, Holmarc Opto's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued. Key ratios include a PE ratio of 29.85, an EV to EBITDA of 17.77, and a ROCE of 24.89%.
In comparison to peers, Holmarc Opto's valuation metrics stand out; for instance, Rail Vikas has a significantly higher PE ratio of 59.78, while AIA Engineering shows a PE of 26.11. Despite recent underperformance, with a year-to-date return of -38.96% compared to the Sensex's 4.19%, the current valuation suggests that Holmarc Opto may present a more attractive investment opportunity relative to its peers.