Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Duesenberg Technologies Inc. is active in the information technology industry. The company delivers VGrab Applications, a no-cost mobile voucher platform for Android and Apple iOS smartphones, empowering users to claim discounts at numerous retailers and service providers directly from their devices. Its portfolio also includes the Vmore Platform and SMART Systems. Furthermore, Duesenberg Technologies designs and produces electric vehicles under its proprietary Duesenberg brand. Established in 2010, the firm, headquartered in Penang, Malaysia, was previously known as VGrab Communications Inc. before rebranding to Duesenberg Technologies Inc. in December 2020.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is 'cheap' on EV/EBITDA.