Is Sahara overvalued or undervalued?

As of 12 June 2025, the valuation grade for Sahara has moved from risky to very expensive, indicating a significant deterioration in its perceived value. The company is currently overvalued, with a PE ratio of 13.05, an EV to EBIT ratio of 9.66, and an ROE of only 1.99%. In comparison, peers like Altius Telecom, which is rated very attractive, has a PE ratio of 54.42, while Embassy Office REIT, also rated very expensive, has a PE ratio of 23.05. Sahara's financial metrics suggest it is not performing well relative to its peers, particularly with a low ROCE of 4.51% and a PEG ratio of 0.00, indicating no growth expectations. Additionally, Sahara's stock has underperformed the Sensex significantly, with a year-to-date return of -24.11% compared to the Sensex's 4.55%. This further reinforces the conclusion that Sahara is overvalued in the current market context.