Is Kahan Packaging overvalued or undervalued?

As of 19 November 2025, Kahan Packaging's valuation grade has moved from risky to fair, indicating an improvement in its investment profile. The company is currently fairly valued based on its financial metrics, with a PE ratio of 14.09, an EV to EBITDA of 8.87, and a ROCE of 11.90%. In comparison to its peers, Kahan Packaging's valuation stands out against Garware Hi Tech, which is considered very expensive with a PE of 30.54, and Uflex, which has a more attractive PE of 12.17.
While Kahan Packaging's current price is 58.00, it has experienced a significant decline of 32.52% year-to-date, contrasting with the Sensex's 9.02% gain during the same period. This disparity suggests that the stock may have room for recovery, reinforcing its fairly valued status in the current market context.