Risk factor
Considerable default risk
Profitability factor
Undervalued vs peers
About
FleetPartners Group Limited provides fleet management services in Australia and New Zealand. The company operates in three segments: Australia Commercial, Novated, and New Zealand Commercial. It offers vehicle fleet leasing and management, novated leasing, and vehicle sales solutions. The company provides its services under the FleetPlus, FleetPartners, FleetChoice, and 1800 Accident brands. The company was...
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITD.
Target Price
The average target price of FPR.AX is 3.9 and suggests 48% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre
