Is Siddhika Coatins overvalued or undervalued?

As of 18 July 2025, the valuation grade for Siddhika Coatins has moved from very attractive to fair, indicating a shift in market perception. The company is currently fairly valued, with a PE ratio of 15.08, an EV to EBITDA of 10.70, and a PEG ratio of 0.19, suggesting that it is priced reasonably compared to its growth prospects.
In comparison to its peers, Siddhika Coatins stands out with a significantly lower PE ratio than Sudarshan Chemicals, which is deemed expensive at 76.75, and Kiri Industries, which has a PE of 12.94 but is considered risky. The company's strong ROCE of 53.95% and ROE of 22.18% further reinforce its operational efficiency. Notably, Siddhika Coatins has outperformed the Sensex over the past year with a return of 10.31% compared to the Sensex's 0.68%, highlighting its relative strength in the market.