Is Sahana Systems overvalued or undervalued?

As of 18 November 2025, Sahana Systems has moved from an expensive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 26.90, an EV to EBITDA of 16.34, and a PEG Ratio of 0.35, indicating that the stock may be undervalued relative to its growth potential.
In comparison to peers, TCS has a more attractive PE Ratio of 22.2 and EV to EBITDA of 15.6, while Infosys maintains a fair valuation with a PE Ratio of 21.95 and EV to EBITDA of 14.37. Notably, Sahana Systems has a strong ROCE of 32.97% and ROE of 17.57%, which are favorable indicators of its operational efficiency. Despite recent underperformance, with a year-to-date return of -35.67% compared to the Sensex's 9.58%, the valuation metrics suggest that Sahana Systems is positioned fairly within its industry.