Is Synergy Green overvalued or undervalued?

As of 24 June 2025, Synergy Green's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued. Key ratios include a PE ratio of 49.41, an EV to EBITDA of 17.91, and a ROCE of 18.79%.
In comparison to its peers, Bharat Forge has a higher PE ratio of 59.93 and an EV to EBITDA of 24.49, while CIE Automotive, also attractive, shows a significantly lower PE ratio of 21.21 and an EV to EBITDA of 12.21. Despite Synergy Green's recent stock performance lagging behind the Sensex over the past week, it has outperformed the index significantly over the past year with a return of 56.63% compared to 6.10% for the Sensex, reinforcing its attractive valuation.