Is Hyundai Motor I overvalued or undervalued?

As of 17 June 2025, Hyundai Motor I's valuation grade has moved from attractive to fair. The company is currently fairly valued based on its key financial ratios, which include a PE ratio of 28.78, an EV to EBITDA of 17.23, and a ROE of 34.83%. In comparison to its peers, Maruti Suzuki is rated attractive with a PE of 27.31 and an EV to EBITDA of 19.33, while M & M is rated very attractive with a PE of 28.92 and an EV to EBITDA of 14.95.
Despite the recent shift in valuation, Hyundai Motor I has shown a positive performance with a year-to-date return of 7.82%, outperforming the Sensex's return of 4.41% in the same period. This suggests that while the company is fairly valued, it may still present a compelling investment opportunity relative to its peers and the broader market.