Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Airtasker Limited operates technology-enabled online marketplaces for local services in Australia. Its platform provides a range of services, such as handyman services, including home maintenance, installations and assembly, repairs, art/mirror hanging, general labor, and other services. The company also offers house, window, gutter, carpet, and commercial cleaning services. In addition, the company provides delivery services comprising of furniture, food, flyer, grocery, and alcohol delivery services. Further, the company offers garden landscapers, mowing and gardening, garden maintenance, and local gardening services. Additionally, the company provides alternator replacement, headlight bulb replacement, car speaker and LED lights installation, and mobile auto electrician services, as well as offers assembly services for furniture, gym and exercise equipment, and toys. Airtasker Limited was incorporated in 2011 and is based in Haymarket, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is overpriced on P/FCF.
Target Price
The average target price of ART.AX is 0.48 and suggests 113% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc
