Is Uniroyal Marine overvalued or undervalued?

As of 26 September 2025, Uniroyal Marine's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued based on key ratios such as a PE ratio of 12.21, an EV to EBITDA of 20.79, and a ROE of 79.00%. In comparison to its peers, Avanti Feeds has a higher PE ratio of 15.21 and a more favorable EV to EBITDA of 10.02, while Mukka Proteins shows an attractive PE of 18.36, further highlighting Uniroyal Marine's relative overvaluation.
The company's performance has been mixed, with a notable stock return of 24.83% over the last year, significantly outperforming the Sensex's decline of 6.30% during the same period. However, the year-to-date return of -9.38% against the Sensex's positive 2.93% suggests underlying challenges that may not justify its current valuation. Overall, Uniroyal Marine appears to be overvalued in the current market context.