Is Kaleyra, Inc. overvalued or undervalued?

As of 15 October 2023, Kaleyra, 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-book ratio of 1.8, and a debt-to-equity ratio of 0.5. In comparison, its peers Twilio and Bandwidth have price-to-earnings ratios of 25.4 and 22.1, respectively, indicating that Kaleyra is trading at a significant discount relative to its competitors.
Additionally, Kaleyra's return on equity stands at 12%, which is favorable compared to the industry average of 10%. This suggests that the company is efficiently generating profits from its equity base. Recent stock performance has shown Kaleyra outpacing the Sensex, further reinforcing the notion that it is undervalued in the current market landscape.