Is Maks Energy overvalued or undervalued?

As of 18 September 2025, Maks Energy has moved from a fair valuation to an expensive rating. The company is currently considered overvalued based on its key financial ratios, including a PE ratio of 22.88, an EV to EBITDA of 12.88, and a PEG ratio of 1.42. These figures suggest that the stock is trading at a premium compared to its earnings growth potential.
In comparison to its peers, Maks Energy's valuation appears high, particularly when contrasted with Samvardhana Motherson, which has a PE of 33.65 and an EV to EBITDA of 12.29, indicating a more attractive valuation. Other peers like Bosch and Uno Minda are also trading at significantly higher multiples, further emphasizing that Maks Energy may not provide the best value proposition in its sector. Additionally, while the stock has shown a positive return of 10% over the past week compared to a 1.67% return for the Sensex, its year-to-date performance is concerning, with a decline of 23.17% against the Sensex's gain of 7.52%.