Tango Therapeutics Stock Current Valuation

TNGX Stock  USD 3.10  0.16  5.44%   
Valuation analysis of Tango Therapeutics helps investors to measure Tango Therapeutics' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to rise to about 954.2 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (8.54) in 2024. Fundamental drivers impacting Tango Therapeutics' valuation include:
Price Book
1.453
Enterprise Value
77.3 M
Enterprise Value Ebitda
(0.91)
Price Sales
7.6757
Enterprise Value Revenue
1.7828
Undervalued
Today
3.10
Please note that Tango Therapeutics' price fluctuation is unstable at this time. Calculation of the real value of Tango Therapeutics is based on 3 months time horizon. Increasing Tango Therapeutics' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Tango Therapeutics is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tango Stock. However, Tango Therapeutics' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  3.1 Real  6.69 Target  17.6 Hype  3.27
The intrinsic value of Tango Therapeutics' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Tango Therapeutics' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
6.69
Real Value
13.48
Upside
Estimating the potential upside or downside of Tango Therapeutics helps investors to forecast how Tango stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Tango Therapeutics more accurately as focusing exclusively on Tango Therapeutics' fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
-0.32-0.3-0.28
Details
Hype
Prediction
LowEstimatedHigh
0.163.2710.06
Details
9 Analysts
Consensus
LowTarget PriceHigh
16.0217.6019.54
Details

Tango Therapeutics Company Current Valuation Analysis

Tango Therapeutics' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Tango Therapeutics Current Valuation

    
  77.34 M  
Most of Tango Therapeutics' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tango Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tango Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Tango Therapeutics is extremely important. It helps to project a fair market value of Tango Stock properly, considering its historical fundamentals such as Current Valuation. Since Tango Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tango Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tango Therapeutics' interrelated accounts and indicators.
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Click cells to compare fundamentals

Tango Current Valuation Historical Pattern

Today, most investors in Tango Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tango Therapeutics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tango Therapeutics current valuation as a starting point in their analysis.
   Tango Therapeutics Current Valuation   
       Timeline  
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Tango Therapeutics has a Current Valuation of 77.34 M. This is 99.46% lower than that of the Biotechnology sector and 98.34% lower than that of the Health Care industry. The current valuation for all United States stocks is 99.53% higher than that of the company.

Tango Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tango Therapeutics' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tango Therapeutics could also be used in its relative valuation, which is a method of valuing Tango Therapeutics by comparing valuation metrics of similar companies.
Tango Therapeutics is currently under evaluation in current valuation category among its peers.

Tango Therapeutics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tango Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tango Therapeutics' managers, analysts, and investors.
Environmental
Governance
Social

Tango Fundamentals

About Tango Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tango Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tango Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tango Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Tango Stock Analysis

When running Tango Therapeutics' price analysis, check to measure Tango Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tango Therapeutics is operating at the current time. Most of Tango Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tango Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tango Therapeutics' price. Additionally, you may evaluate how the addition of Tango Therapeutics to your portfolios can decrease your overall portfolio volatility.