Is Oceanic Foods overvalued or undervalued?

As of 23 September 2025, the valuation grade for Oceanic Foods has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 14.84, an EV to EBITDA of 9.76, and a ROE of 14.25%. In comparison to its peers, Oceanic Foods stands out with a significantly lower PE ratio than Hindustan Unilever, which has a PE of 55.64, and Nestle India, which has a PE of 74.77, reinforcing the notion of its undervaluation.
The company's performance has been impressive, with a year-to-date return of 48.37%, significantly outperforming the Sensex's return of 5.07% over the same period. This strong performance, combined with its favorable valuation metrics, suggests that Oceanic Foods is well-positioned in the FMCG sector, making it an attractive investment opportunity.