Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Joindre Capital Services Ltd. is a financial institution primarily involved in providing securities brokerage services. The company's core operations center on facilitating trading in both equity and commodity markets, in addition to offering various associated financial services. Its extensive range of offerings includes retail and institutional investment solutions, derivatives trading, mutual fund distribution, participation in initial public offerings (IPOs), internet-based trading platforms, market research, depository services, and commodity market access. Founded on March 21, 1995, the firm's headquarters are situated in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD