Risk factor
Poor trading liquidity
Profitability factor
Very favourable analyst view
About
Zaggle Prepaid Ocean Services Limited, founded in 2011 and headquartered in Mumbai, India, develops cutting-edge financial products and solutions aimed at automating and optimizing business expense management for corporations, small and medium-sized enterprises, and emerging startups. The company offers a range of distinct platforms: Propel functions as a corporate software-as-a-service (SaaS) platform, facilitating the administration of channel rewards, incentives, and employee recognition initiatives. Save provides a comprehensive SaaS platform and mobile application for business spend management, enabling digital employee reimbursements and maximizing tax benefits. Its Customer Engagement Management System (CEMS) assists merchants in enhancing customer interactions and loyalty through features like gift card distribution and reward programs. The Zaggle Payroll Card serves as a prepaid payroll solution, allowing companies to compensate contractors, consultants, seasonal and temporary staff, and unbanked workers as an alternative to traditional bank transfers or cash. Zoyer is an integrated, data-driven SaaS platform designed for business spend management, incorporating automated financial functionalities directly into core invoice-to-pay processes.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair val