Is Sahara Maritime overvalued or undervalued?

As of 3 November 2025, the valuation grade for Sahara Maritime has moved from risky to expensive. The company is currently considered overvalued based on its financial ratios. Notably, the PE ratio stands at 55.91, while the EV to EBITDA ratio is also at 13.56, indicating a high valuation relative to earnings. Additionally, the ROCE is only 3.27%, which raises concerns about the efficiency of capital utilization.
In comparison to peers, Altius Telecom, which is rated very attractive, has a PE ratio of 55.48 and an EV to EBITDA of 10.54, suggesting it offers better value. Other peers like Embassy Office REIT and Inventurus Knowledge are categorized as very expensive, with PE ratios of 25.61 and 57.8, respectively, but Sahara Maritime's ratios are significantly higher. The company's recent stock performance has underperformed the Sensex, with a year-to-date return of -21.96% compared to the Sensex's 7.47%, further supporting the conclusion that Sahara Maritime is overvalued.