Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Airtasker Limited provides digital marketplaces that connect individuals with local service providers across Australia. Its platform offers a broad spectrum of services, including general handyman tasks like home maintenance, installations, assembly, repairs, and art or mirror hanging. The company also facilitates comprehensive cleaning solutions for homes, windows, gutters, carpets, and commercial spaces. Additionally, it supports diverse delivery requirements, ranging from furniture and food to flyers, groceries, and alcohol. For outdoor needs, the platform connects users with garden landscapers, mowing, and general garden maintenance services. Vehicle owners can access specialized automotive assistance, such as alternator and headlight bulb replacement, car speaker and LED light installations, and mobile auto electrician services. Furthermore, Airtasker provides assembly services for furniture, gym equipment, and children's toys. Established in 2011, Airtasker Limited is headquartered in Haymarket, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E.
Target Price
The average target price of ART.AX is 0.39 and suggests 117% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc