Is Mega Flex Plast. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Mega Flex Plast. has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 19.35, an EV to EBITDA of 14.93, and a PEG ratio of 0.16, which suggests strong growth potential relative to its price.
In comparison to its peers, Mega Flex Plast. stands out favorably against Jain Irrigation, which has a PE ratio of 61.89, and Krishival Foods, with a PE of 82.25, both of which are significantly higher. Additionally, Narmada Agrobase, also rated very attractive, has a PE of 21.75, further supporting the notion that Mega Flex Plast. is undervalued in its sector. Notably, the company's stock has outperformed the Sensex over the past year, returning 15.4% compared to the Sensex's 6.27%, reinforcing its strong valuation story.