Is Kalyani Cast-Tec overvalued or undervalued?

As of 16 September 2025, Kalyani Cast-Tec's valuation grade has moved from expensive to fair, indicating a shift in market perception. The company is currently fairly valued, with a PE ratio of 28.34, an EV to EBITDA of 19.47, and a PEG ratio of 0.59, suggesting that it may be a more attractive investment compared to its previous status.
When compared to peers, Kalyani Cast-Tec's valuation metrics stand out; for instance, Rail Vikas is considered expensive with a PE ratio of 62.09, while Ircon International, also fairly valued, has a PE of 26.05. Additionally, Kalyani Cast-Tec has a strong ROCE of 43.05% and ROE of 22.04%, further supporting its valuation. Despite a recent decline in stock price, the year-to-date return of 23.45% significantly outperforms the Sensex's 5.43%, reinforcing the notion that Kalyani Cast-Tec is currently a fair investment opportunity.