Is Unique Organics overvalued or undervalued?

As of 14 February 2024, Unique Organics has moved from an attractive to a very attractive valuation grade. The company is currently undervalued, with a PE ratio of 6.97, an EV to EBITDA ratio of 4.84, and an impressive ROCE of 80.48%. In comparison to its peers, Altius Telecom has a significantly higher PE ratio of 52.97, while Embassy Office REIT is valued at 23.06, indicating that Unique Organics is trading at a substantial discount relative to these companies.
Despite recent stock performance showing a decline of 36.40% year-to-date compared to a 5.66% gain in the Sensex, the long-term outlook remains strong with a 1-year return of 35.61%. This suggests that while there may be short-term volatility, the underlying value of Unique Organics is not reflected in its current stock price, reinforcing the conclusion that it is undervalued in the market.