Is Macpower CNC overvalued or undervalued?

As of 14 November 2025, the valuation grade for Macpower CNC has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued based on its financial metrics, with a PE ratio of 30.87, an EV to EBITDA of 19.39, and a ROCE of 23.86%.
In comparison to its peers, Macpower CNC's valuation stands out as more reasonable, especially when contrasted with Thermax, which has a PE ratio of 60.32, and BEML Ltd, with a PE ratio of 56.6. While Macpower CNC has shown significant volatility in its stock performance, particularly a YTD return of -43.5% compared to the Sensex's 9.58%, its long-term performance over 5 years has been impressive, with a return of 1240.43%. Overall, Macpower CNC appears to be fairly valued in the current market context.