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 appears to be undervalued based on its current metrics. Key ratios include a PE Ratio of 44.32, an EV to EBITDA of 24.83, and a ROCE of 8.54%.
In comparison to its peers, Stovec's valuation stands out as attractive, especially when contrasted with Bajaj Steel Industries, which has a significantly lower PE Ratio of 18.73, and LMW, which is categorized as very expensive with a PE of 154.21. Despite recent stock performance lagging behind the Sensex, with a YTD return of -24.92% compared to the Sensex's 2.20%, the underlying valuation metrics suggest that Stovec Industries presents a compelling investment opportunity at its current price.