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 assessed as undervalued. Key ratios include a PE Ratio of 22.15, an EV to EBITDA of 8.80, and a Price to Book Value of 1.17, which suggest that the company is priced favorably compared to its earnings and book value.
In comparison with its peers, Metal Coatings stands out with a more attractive valuation than JSW Steel, which has a PE Ratio of 48.13, and Tata Steel, with a PE Ratio of 47.06. The PEG Ratio for Metal Coatings is notably low at 0.00, further reinforcing its undervalued status. Despite a challenging year-to-date return of -23.66%, the long-term performance over five years shows a significant gain of 165.22%, outperforming the Sensex, which adds to the case for its current valuation.