Is Cardlytics, Inc. overvalued or undervalued?

As of 5 October 2023, Cardlytics, Inc. has moved from fair to attractive based on its recent performance and valuation metrics. The company is currently undervalued, with a price-to-earnings ratio of 15.2, a price-to-sales ratio of 3.5, and a return on equity of 12%. In comparison, its peers such as Digital Turbine, Inc. with a P/E of 20.1 and The Trade Desk, Inc. at a P/S of 10.4 highlight Cardlytics' relative attractiveness in the market.
Additionally, the stock has shown resilience, outperforming the Sensex in recent months, which further supports the notion that it is undervalued. Overall, Cardlytics presents a compelling investment opportunity given its favorable ratios and competitive position against its peers.