Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Duesenberg Technologies Inc. engages in the information technology business. The company offers VGrab Applications, a free mobile voucher application for smartphones using the Android and Apple iOS operating systems that allows users to redeem vouchers on their smartphones at various retailers and merchants. It also provides Vmore Platform and SMART Systems. In addition, the company develops electric vehicles under the Duesenberg brand. The company was formerly known as VGrab Communications Inc. and changed its name to Duesenberg Technologies Inc. in December 2020. The company was incorporated in 2010 and is based in Penang, Malaysia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA.
