Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Credit Clear Limited focuses on building and deploying advanced platforms for managing outstanding payments, alongside offering comprehensive debt collection services. The company's activities are structured into two primary divisions: Receivable Collections and Legal Services, with the latter providing specialized credit-related legal support. At its heart, Credit Clear delivers a technologically innovative communication platform designed to empower organizations. This platform aims to enhance financial results by strategically influencing and reshaping customer repayment habits. Its clientele spans numerous sectors, including consumer, trade credit, automotive, financial services, government, utilities, and insurance across both Australia and New Zealand. Established in 2015, the company's main office is situated in Southbank, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'