Is Imagica. Enter. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Imagica. Enter. has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 122.48, an EV to EBITDA ratio of 22.85, and an EV to Sales ratio of 8.08, all suggesting that the stock price is not justified by its earnings or sales performance.
In comparison to its peers, Wonderla Holiday has a PE ratio of 43.28 and Nicco Parks has a PE ratio of 18.32, both of which highlight the excessive valuation of Imagica. Enter. Additionally, the company's return performance has been poor, with a year-to-date decline of 27.56%, contrasting sharply with the Sensex's gain of 6.50% over the same period. This further reinforces the conclusion that Imagica. Enter. is currently overvalued in the market.