Is Swelect Energy overvalued or undervalued?

As of 14 November 2025, the valuation grade for Swelect Energy has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, particularly when compared to its peers. Key ratios include a PE ratio of 44.70, an EV to EBITDA of 11.63, and a PEG ratio of 1.95, all of which suggest that the stock may be priced favorably relative to its earnings growth potential.
In comparison to peers, Swelect Energy's PE ratio of 44.70 is significantly lower than Kaynes Tech's 112.14 and Honeywell Auto's 60.95, both of which are categorized as very expensive. Additionally, the EV to EBITDA ratio of 11.63 is more attractive than that of competitors like Apollo Micro Systems at 56.37. Despite recent underperformance in the stock's year-to-date return of -21.60% compared to the Sensex's 8.22%, the overall valuation metrics suggest that Swelect Energy presents a compelling investment opportunity in the heavy electrical equipment industry.