Is Stovec Inds. overvalued or undervalued?

As of 8 August 2025, Stovec Industries has moved from a fair to an attractive valuation grade. The company is currently considered undervalued based on its financial metrics. Notable ratios include a PE ratio of 44.32, an EV to EBITDA of 24.83, and a ROE of 8.63%.
In comparison to its peers, Stovec's PE ratio is significantly lower than LMW, which is very expensive at 154.21, and Bajaj Steel Industries, which is attractive at 18.73. This suggests that Stovec may have room for growth relative to its peers. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -24.92% compared to the Sensex's 2.20%, reinforcing the notion that it may be undervalued in the current market.