Is OMNIQ Corp. overvalued or undervalued?

As of 1 October 2023, OMNIQ Corp. has moved from fair to attractive based on recent evaluations. The company appears to be undervalued at this time. Key ratios indicate a Price-to-Earnings (P/E) ratio of 12.5, a Price-to-Book (P/B) ratio of 1.8, and a Debt-to-Equity (D/E) ratio of 0.5, which suggest a solid financial position relative to its earnings and book value.
In comparison to its peers, such as Zebra Technologies with a P/E ratio of 20.3 and Honeywell International with a P/B ratio of 4.1, OMNIQ Corp. shows a more favorable valuation profile. This suggests that the market may not be fully recognizing the company's growth potential. Additionally, OMNIQ's stock performance has outpaced the Sensex recently, reinforcing the notion that it is undervalued relative to its peers and market conditions.