Is Holmarc Opto overvalued or undervalued?

As of 29 October 2025, Holmarc Opto's valuation grade has moved from expensive to fair, indicating a shift in market perception. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 29.02, an EV to EBITDA of 17.23, and a ROCE of 24.89%.
In comparison to its peers, Holmarc Opto's valuation appears more favorable; for instance, Ircon International, which is rated attractive, has a PE Ratio of 24.25, while other peers like Rail Vikas and Tube Investments are significantly more expensive with PE Ratios of 58.24 and 93.76, respectively. Despite a challenging year with a stock return of -40.66% compared to the Sensex's 10.19%, the current valuation suggests that Holmarc Opto is positioned reasonably within its industry.