Is Nagreeka Exports overvalued or undervalued?

As of 6 November 2025, the valuation grade for Nagreeka Exports has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a PE ratio of 34.11, an EV to EBITDA of 10.20, and a Price to Book Value of 0.60, which suggest that while the company is not undervalued, it is also not excessively priced compared to its peers.
In comparison to its industry peers, Nagreeka Exports has a PE ratio that is significantly lower than Elitecon International's 392.28 and MMTC's 139.69, both of which are categorized as very expensive. However, it is worth noting that the company's ROCE stands at 5.67% and ROE at 1.77%, which are relatively low, indicating potential concerns about profitability. Recent stock performance shows a 1-week return of 1.44% compared to a -1.30% return for the Sensex, which may suggest some resilience in the short term despite longer-term underperformance.