Is Man Infra overvalued or undervalued?

Jun 09 2025 03:35 PM IST
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As of March 14, 2024, Man Infra is considered very expensive and overvalued, with a PE Ratio of 21.95, an EV to EBITDA of 17.64, and a Price to Book Value of 3.52, especially when compared to higher ratios of competitors like DLF and Macrotech Development, despite a recent stock increase of 3.06% against a backdrop of a year-to-date decline of 31.64%.
As of 14 March 2024, the valuation grade for Man Infra has moved from expensive to very expensive. This indicates that the company is currently overvalued. Key ratios supporting this conclusion include a PE Ratio of 21.95, an EV to EBITDA of 17.64, and a Price to Book Value of 3.52. Compared to peers, DLF has a significantly higher PE Ratio of 46.64, while Macrotech Development stands at 54.71, both indicating that Man Infra's valuation is not justified relative to these competitors.

Despite recent stock performance showing a 3.06% increase over the past week compared to a 1.41% rise in the Sensex, the year-to-date return of -31.64% starkly contrasts with the Sensex's gain of 5.61%. This further reinforces the notion that Man Infra is overvalued in the current market context.
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