Risk factor
Considerable default risk
Profitability factor
Greatly undervalued vs peers
About
iSelect Limited provides online comparison and purchase services for insurance, utilities, and personal finance products in Australia. The company operates through four segments: Health, Life and General Insurance, Energy and Telecommunications, and Other. It offers comparison services for private health, life, car, pet, travel, business, and home and contents insurances, as well as overseas visitors cover products; and provides home, car, personal, and business loans, as well as income protection products and credit cards. The company also provides comparison, purchase, and referral services for broadband, electricity and gas, and mobile phones and plans, as well as moving house services. It provides its services under the iSelect and Energy Watch brands. The company was founded in 2000 and is headquartered in Cheltenham, Australia.
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.
