Is Suryo Foods overvalued or undervalued?

As of 25 April 2023, Suryo Foods has moved from a classification of "does not qualify" to "risky." The company's valuation appears to be undervalued based on its current financial metrics. Key ratios include a PE ratio of 5.94, an EV to EBIT of -5.91, and a PEG ratio of 0.00, indicating potential issues with profitability and growth expectations.
In comparison to its peers, Suryo Foods' PE ratio is significantly lower than that of Avanti Feeds at 19.15 and Mukka Proteins at 20.24, both of which are classified as attractive. The negative capital employed and negative book value further highlight the challenges faced by Suryo Foods. Despite a recent decline in stock performance relative to the Sensex, with a year-to-date return of -9.95% compared to the Sensex's 5.63%, the company's low valuation ratios suggest it may be undervalued in the current market context.