Few Causes To Add Tanla Platforms To Watchlist

Key takeaways:
-NSE Tanla entered Top-5 small-cap stocks in India by Eyestock Rating
-Tanla share price has an upside of 96% to its maximum historical valuation
-Adding a stock to the watchlist you will not miss the new reports releases, as well as significant changes in the rating or valuation.

What is Tanla Platforms?

Tanla Platforms Ltd. is a cloud communication provider, which engages in information technology and computer services. The company develops and delivers technology and products, which meet the needs of a diverse clientele, from enterprises to carriers across the world. Tanla provides mobile messaging and payment solutions for services. Here is everything relevant today: SMS, blockchain and AI. Among the main products of the company Trubloq and Wisely stand out.

Tanla Platforms share price

The current price of one Tanla stock is 961.2 INR as of 02 Jul 2024. We use the relative valuation method based on a historical P/E ratio to understand whether a company is undervalued or overvalued. This allows us to assess the current state of affairs on the market as objectively as possible and make informed decisions.

We have found the minimum historical meaning of the price-to-earnings ratio, the maximum, as well as the median for the last 3 years. Calculations are based on Tanla share price history and data on net profit from the financial statements of the company. By the way, Investor Relations section looks nice.
It is the median value that we use in our service as fair value, which currently, according to our estimate, is 1044 INR per share.

Our calculations are based on a quantitative method, and they turned out to be more optimistic than Tanla share price target by Wall Street Analysts. We see an upside of 96% to the maximum P/E as opposed to Tanla highest forecast of 1365 INR (upside 41%).

Tanla financials

Well, fundamental and quantitative methods give an understanding that Tanla stock is undervalued. However, an equally important point is to find out how financially stable the company’s business is, how it is developing and how it is performing.

The Eyestock Rating: We Delve Deep, So You Don’t Have To.
The quantitative approach allows us to cover all areas of financial performance and brings us to a maximum unbiased conclusion. We call it the Eyestock Rating. It is based on 10 indicators such as net margin, debt-to-equity ratio, ROE and others. The company has to score 100 points to become an outstanding one to invest in.

Despite the lack of sustainability of net profit growth and low margins, which are not typical for the IT sector, Tanla is able to achieve exactly the ideal result according to our rating — 100% — and received the status of a viable investment.

If you want to conduct your own analysis, then welcome to the Tanla Platform’s page, where more than 30 metrics are collected for every taste.

Bottom line

Please note that Tanla is a «small cap» company. Its market cap is $1.5B. This means both huge growth potential and significant risks. Conservative investors are better off looking for alternatives Conservative investors are better off looking for alternatives, especially since the industry is full of companies with similar business specifics. If you are ready to take an understandable risk for your investment portfolio and loyal to quantitative analysis, then this conclusion is for you: Tanla Platforms is a high-rated undervalued company.