Is Mish Designs overvalued or undervalued?

As of 29 August 2025, the valuation grade for Mish Designs has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued. Key ratios supporting this assessment include a PE ratio of 18.80, an EV to EBIT of 13.81, and an ROCE of 11.74%.
In comparison to its peers, Mish Designs stands out with a lower PE ratio than K P R Mill Ltd, which has a PE of 40.98, and a more favorable EV to EBITDA ratio compared to Trident, which stands at 15.27. While Mish Designs has faced notable stock declines, with a year-to-date return of -59.29% compared to a Sensex return of 2.14%, its strong valuation metrics suggest that it may present a compelling opportunity for investors.