Is Kore Digital overvalued or undervalued?

As of 6 June 2025, Kore Digital's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its key ratios, including a PE ratio of 13.13, an EV to EBIT of 9.80, and an EV to EBITDA of 8.77. In comparison to its peers, Indus Towers Ltd. is considered expensive with a PE of 10.58, while ADC India Communications Ltd. is also fairly valued with a PE of 19.7.
Overall, Kore Digital appears to be fairly valued at this time. Despite recent stock performance showing a 15.14% return over the past week compared to a 1.63% return for the Sensex, the year-to-date return of -38.54% suggests underlying challenges that may be affecting its valuation.