Is Metal Coatings overvalued or undervalued?

As of 31 October 2025, the valuation grade for Metal Coatings has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, with a PE ratio of 22.15, an EV to EBITDA of 8.80, and a Price to Book Value of 1.17. These ratios suggest that the company is trading at a reasonable valuation compared to its earnings and assets.
In comparison to its peers, Metal Coatings stands out as attractive, especially when contrasted with JSW Steel, which is deemed expensive with a PE ratio of 48.13, and Tata Steel, which is rated fair at a PE of 47.06. Additionally, the company's PEG ratio of 0.00 indicates potential for growth without the corresponding high price tag seen in some competitors. While Metal Coatings has underperformed the Sensex on a year-to-date basis with a return of -23.66% compared to the Sensex's 7.42%, its long-term performance over five years shows a significant gain of 165.22%, reinforcing its potential for recovery and growth.