Is Symphony overvalued or undervalued?

Jun 23 2025 08:00 AM IST
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As of June 20, 2025, Symphony's valuation has shifted to fair with a PE ratio of 44.51, underperforming the Sensex at -19.81% year-to-date, indicating challenges in justifying its current price despite being reasonably positioned compared to peers like Whirlpool India and Eureka Forbes.
As of 20 June 2025, Symphony's valuation grade has moved from attractive to fair, indicating a shift in market perception. The company is currently fairly valued, with a PE ratio of 44.51, an EV to EBITDA of 23.74, and a PEG ratio of 3.83. Compared to peers, Whirlpool India has a PE ratio of 47.44 and an EV to EBITDA of 25.96, while Eureka Forbes shows a significantly higher PE ratio of 70.54 and an EV to EBITDA of 41.76, suggesting that Symphony is positioned reasonably within its competitive landscape.

Despite its fair valuation, Symphony has underperformed relative to the Sensex, with a year-to-date return of -19.81% compared to the Sensex's 5.46%. This underperformance, combined with its high valuation ratios, suggests that while the company is not overvalued, it may face challenges in justifying its current price in the near term.
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