Is Sical Logistics overvalued or undervalued?

As of 14 November 2025, Sical Logistics has moved from a grade of risky to attractive, indicating a significant improvement in its valuation outlook. The company is currently considered undervalued, despite some concerning financial ratios. The PE ratio stands at -389.61, while the EV to EBITDA ratio is at 20.59, and the ROCE is at 3.52%.
In comparison to peers, Sical Logistics has a notably low PE ratio compared to Container Corporation, which is very expensive at 30.18, and Delhivery, which is rated risky with a PE of 236.69. This suggests that Sical Logistics may offer a more favorable entry point for investors. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -35.28% compared to the Sensex's 8.22%, reinforcing the notion that the stock may be undervalued in the current market.