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 increase in perceived overvaluation. The company is currently considered overvalued, with a PE ratio of 122.48, an EV to EBITDA ratio of 22.85, and a ROCE of just 0.28%. These ratios suggest that the company's stock price is not justified by its earnings or capital efficiency.
In comparison to its peers, Imagica. Enter. stands out with a much higher PE ratio than Wonderla Holiday at 43.28 and Nicco Parks at 18.32, both of which are also categorized as very expensive. The EV to EBITDA ratio of 22.85 for Imagica. Enter. further emphasizes its overvaluation when compared to peers. Additionally, the company's stock has underperformed against the Sensex, with a year-to-date return of -27.56% compared to the Sensex's 6.50%, reinforcing the notion that the stock is not a favorable investment at its current valuation.