Is SG Mart overvalued or undervalued?

As of 16 July 2025, SG Mart's valuation grade has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued. Key ratios include a PE Ratio of 45.78, an EV to EBITDA of 47.39, and a ROCE of 9.42%.
In comparison to peers, K P R Mill Ltd has a higher PE Ratio of 50.43 and an EV to EBITDA of 32.89, while Trident is more reasonably valued with a PE Ratio of 43.25. Despite SG Mart's strong historical stock performance, particularly over the last three years with a return of 1750.96%, its current valuation metrics suggest that it may not be a sound investment at this price point.