Is Sahara Maritime overvalued or undervalued?

As of 4 August 2025, Sahara Maritime's valuation grade has moved from risky to expensive, indicating a shift in perception regarding its financial health. The company appears to be overvalued based on its current metrics, with a PE ratio of 10.44, an EV to EBIT of 7.04, and a ROE of only 1.99%. In comparison to its peers, Sahara Maritime's valuation stands out unfavorably; for instance, Altius Telecom, which is rated very attractive, has a PE ratio of 55.44, while Embassy Office REIT is considered very expensive with a PE of 23.07.
The company's financial ratios suggest it is not performing well relative to its industry, particularly with a low ROCE of 4.51%. Given the significant decline in stock price, with a year-to-date drop of 39.29% compared to a modest increase of 3.69% in the Sensex, the overall outlook for Sahara Maritime reinforces the conclusion that it is overvalued in the current market environment.