Is Rapid Fleet overvalued or undervalued?

As of 25 September 2025, the valuation grade for Rapid Fleet has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued. Key ratios supporting this assessment include a PE Ratio of 13.89, an EV to EBITDA of 5.74, and a ROCE of 29.60%, which are all favorable compared to industry standards.
In comparison to its peers, Rapid Fleet's PE Ratio of 13.89 is notably lower than that of Container Corporation at 30.55 and Delhivery at 171.08, both of which are classified as very expensive. Additionally, Rapid Fleet's EV to EBITDA of 5.74 is much more attractive than Aegis Logistics at 25.78 and Blue Dart Express at 16.38. Despite recent stock performance showing a slight decline of 0.78% over the past week, it has outperformed the Sensex, which fell by 2.10% in the same period, reinforcing the undervaluation narrative.