Is Sagardeep Alloys overvalued or undervalued?

As of 8 July 2025, Sagardeep Alloys has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 28.27, an EV to EBITDA of 28.06, and a PEG ratio of 0.19, which suggests potential for growth relative to its price.
In comparison to its peers, Sagardeep's PE ratio is significantly higher than Vedanta's 13.1 and Hindustan Zinc's 17.7, both of which are considered very expensive. Additionally, while Sagardeep's EV to EBITDA ratio aligns closely with its own valuation, it remains elevated compared to the industry average. The company's recent stock performance has outpaced the Sensex, with a year-to-date return of 12.92% compared to the Sensex's 7.94%, indicating a positive sentiment despite its current valuation status.