Is National Plastic overvalued or undervalued?

As of 1 October 2025, the valuation grade for National Plastic has moved from attractive to very attractive, indicating a positive shift in its valuation outlook. The company is currently assessed as undervalued. Key ratios include a PE ratio of 17.09, an EV to EBITDA of 8.46, and a ROE of 17.85%.
When compared to peers, National Plastic stands out with a significantly lower PE ratio than Supreme Industries at 59.83 and Astral at 76.45, both categorized as very expensive. Additionally, National Plastic's EV to EBITDA ratio of 8.46 is more favorable compared to the industry averages of its peers, reinforcing its undervalued status. Despite recent stock performance showing a decline of 37.08% YTD against a Sensex return of 3.64%, the long-term growth potential remains strong, as evidenced by a remarkable 682.40% return over the past five years.