Is Mandeep Auto overvalued or undervalued?

As of 26 August 2025, Mandeep Auto's valuation grade has moved from very expensive to fair, indicating a significant shift in its perceived value. The company is currently fairly valued, with a price-to-earnings (PE) ratio of 20.75, an EV to EBITDA ratio of 19.71, and a return on equity (ROE) of 16.21%. In comparison to peers, Bosch is considered expensive with a PE of 52.5, while Samvardhana Motherson is attractive with a PE of 28.74, highlighting Mandeep Auto's competitive positioning within the industry.
Despite a challenging year with a year-to-date return of -20.62%, Mandeep Auto's valuation metrics suggest it is well-positioned relative to its peers in the auto components sector. The company's EV to Sales ratio of 1.14 further supports its fair valuation status, especially when compared to higher ratios of competitors like Uno Minda at 71.67. Overall, Mandeep Auto appears to be a solid investment opportunity given its fair valuation amidst a fluctuating market.