Is Sai Swami Metals overvalued or undervalued?

As of 16 October 2025, the valuation grade for Sai Swami Metals has moved from expensive to very expensive. This indicates a significant shift in perception regarding the company's valuation, which is now deemed very expensive. Based on the analysis, Sai Swami Metals is overvalued at its current price of 33.01, especially when compared to its peers in the electronics and appliances industry.
Key ratios for Sai Swami Metals include a PE ratio of 11.15, an EV to EBITDA of 8.43, and a ROE of 52.18%. In comparison, Whirlpool India, which is rated attractive, has a PE ratio of 44.25, and Eureka Forbes also rated attractive, has a PE of 62.30. This stark contrast in valuation metrics suggests that Sai Swami Metals is not only overvalued but also lacks competitive positioning relative to its peers. Furthermore, the company's recent stock performance has lagged significantly behind the Sensex, with a year-to-date return of -28.96% compared to the Sensex's 6.82%, reinforcing the overvaluation narrative.