Is Synergy Green overvalued or undervalued?

As of 29 August 2025, Synergy Green's valuation grade has moved from attractive to fair, indicating a shift in its perceived market value. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 47.94, an EV to EBITDA of 17.50, and a ROCE of 18.79%.
In comparison to its peers, Bharat Forge has a higher PE ratio of 51.54 and an EV to EBITDA of 21.67, while Ramkrishna Forging maintains a PE of 28.75 and an EV to EBITDA of 20.41. Despite the recent stock performance showing a 39.21% return over the past year compared to a -2.83% return for the Sensex, the current valuation suggests that Synergy Green is not significantly undervalued or overvalued relative to its industry peers.