Is Siddhika Coatins overvalued or undervalued?

As of 29 August 2025, Siddhika Coatins has moved from a fair to a very attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 14.62, an EV to EBITDA ratio of 10.31, and a PEG ratio of 0.18, indicating strong growth potential relative to its price. Notably, the company boasts a high ROCE of 53.95% and ROE of 22.18%, which further supports its attractive valuation.
In comparison to its peers, Siddhika Coatins stands out favorably; for instance, Sudarshan Chem is deemed expensive with a PE ratio of 169.37, while Ultramarine Pigments, categorized as attractive, has a PE ratio of 18.03. The significant difference in valuation metrics suggests that Siddhika Coatins is positioned well within its industry. Additionally, the company's stock has outperformed the Sensex over the past year, returning 35.71% compared to the Sensex's decline of 2.88%, reinforcing the narrative of its undervaluation.