Is National Fitting overvalued or undervalued?

As of 29 September 2025, the valuation grade for National Fitting has moved from fair to attractive, indicating a positive shift in its market perception. The company appears to be undervalued, supported by a PE ratio of 20.10, an EV to EBITDA of 11.11, and a PEG ratio of 0.42, which suggests that the stock is priced favorably relative to its growth prospects.
In comparison to peers, National Fitting's valuation metrics stand out; for instance, Bharat Forge has a significantly higher PE ratio of 56.72, while CIE Automotive, another attractive peer, has a PE of 19.64. This highlights that National Fitting is trading at a more reasonable valuation compared to its industry counterparts. Additionally, the company's recent stock performance has outpaced the Sensex, with a year-to-date return of 31.80% compared to the Sensex's 2.85%, further reinforcing the notion that it is undervalued in the current market context.