Is National Fitting overvalued or undervalued?

As of 8 August 2025, the valuation grade for National Fitting has moved from attractive to fair. Based on the analysis, the company appears to be fairly valued at this time. Key ratios include a PE ratio of 20.33, an EV to EBITDA of 11.29, and a PEG ratio of 0.42, indicating a reasonable valuation relative to its growth prospects.
When compared to peers, National Fitting's valuation aligns closely with Bharat Forge, which has a PE ratio of 52.86, and Ramkrishna Forging, with a PE of 29.65. This suggests that National Fitting is positioned competitively within the industry, especially given its lower valuation metrics compared to some peers. Additionally, the company's recent stock performance has outpaced the Sensex, with a year-to-date return of 33.28% compared to the Sensex's 2.20%, reinforcing the notion that it is fairly valued in the current market context.