Is Spacenet Enterpr overvalued or undervalued?

As of 24 September 2025, Spacenet Enterprises has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 30.89, an EV to EBITDA of 27.37, and a PEG ratio of 1.49. In comparison to peers, Altius Telecom is rated very attractive with a significantly higher PE ratio of 54.74, while Embassy Office REIT is considered very expensive with a PE of 23.99.
Despite the fair valuation, Spacenet's recent stock performance has been underwhelming, particularly with a year-to-date decline of 63.02% compared to a 5.97% increase in the Sensex. This disparity highlights the potential concerns regarding the company's growth prospects and market perception, reinforcing the view that it is fairly valued at this time.