Is Nacdac Infra. overvalued or undervalued?

As of 14 October 2025, Nacdac Infra. has moved from a fair to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 8.91, an EV to EBIT of 6.51, and a ROCE of 22.03%. In comparison to its peers, Nacdac Infra. stands out with a significantly lower PE ratio than DLF at 38.32 and Lodha Developers at 38.44, both categorized as very expensive.
The company’s valuation metrics indicate a strong position relative to its industry, particularly with an EV to Sales ratio of 0.85, which further supports its undervaluation narrative. Despite recent stock performance showing a decline of 55.65% year-to-date compared to a 4.98% increase in the Sensex, the attractive valuation suggests potential for recovery and growth in the future.