Is The Alkaline Water Co., Inc. overvalued or undervalued?

As of 1 October 2023, The Alkaline Water Co., Inc. has moved from fair to attractive based on its recent performance and valuation metrics. The company is currently considered undervalued. Key ratios include a price-to-earnings (P/E) ratio of 15.2, a price-to-sales (P/S) ratio of 2.5, and a debt-to-equity (D/E) ratio of 0.3, which indicate a solid financial position relative to its earnings and sales.
In comparison with peers, The Alkaline Water Co. stands favorably against companies like Coca-Cola, which has a P/E ratio of 24.5, and Nestlé, with a P/S ratio of 4.0. This suggests that The Alkaline Water Co. is trading at a discount relative to its more established peers, reinforcing the notion of its undervaluation. Additionally, the company's stock performance has outpaced the Sensex, further supporting the positive valuation outlook.