Is Radiowalla overvalued or undervalued?

As of 19 September 2025, Radiowalla's valuation grade has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 42.29, an EV to EBITDA of 19.32, and a ROCE of 12.30%. In comparison to its peers, Altius Telecom is rated very attractive with a PE of 54.74, while Embassy Office REIT is considered very expensive with an EV to EBITDA of 21.37.
Despite Radiowalla's fair valuation, its stock has underperformed significantly against the Sensex, showing a year-to-date return of -47.37%, while the Sensex has gained 7.11%. This stark contrast highlights the challenges Radiowalla faces in the current market environment, despite its fair valuation status.