Is Nacdac Infra. overvalued or undervalued?

As of 24 September 2025, the valuation grade for Nacdac Infra. has moved from fair to expensive, indicating that the company is currently overvalued. Key ratios reflect this assessment, with a PE ratio of 12.74, an EV to EBITDA of 8.63, and a ROCE of 22.03%. Compared to peers, Nacdac Infra. stands out with a lower PE ratio than DLF, which has a PE of 37.94, and Lodha Developers at 39.73, both categorized as very expensive.
Despite a recent surge in stock price, with a 1-week return of 51.51% against a Sensex return of -1.18%, the overall valuation suggests that Nacdac Infra. is not a compelling investment opportunity at this time. The company's financial metrics, while solid, do not justify its current market price, reinforcing the conclusion that it is overvalued in the current market context.