Is Uniroyal Marine overvalued or undervalued?

As of 1 October 2025, the valuation grade for Uniroyal Marine has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 10.48, an EV to EBITDA ratio of 19.35, and a PEG ratio of 0.08, indicating strong growth potential relative to its price.
In comparison to its peers, Uniroyal Marine's PE ratio is significantly lower than that of Avanti Feeds, which stands at 15.18, and Mukka Proteins at 18.48, both of which are considered attractive. Additionally, while Uniroyal Marine's ROE is notably high at 79.00%, its ROCE is relatively low at 4.85%, suggesting room for improvement in capital efficiency. The recent stock performance shows a decline compared to the Sensex, with a year-to-date return of -22.26% against the Sensex's 3.64%, reinforcing the notion that the stock may be undervalued relative to its potential.