Risk factor
Critical default risk
Profitability factor
Excellent dividends
About
Pepper Money Limited, an Australian non-bank financial institution established in 2000 and headquartered in North Sydney, serves clients in both Australia and New Zealand. It primarily operates as a lender within the mortgage and asset finance sectors. The company's activities are structured into three main divisions. Its Mortgages division extends financing for residential properties and smaller commercial real estate projects. Through its Asset Finance segment, Pepper Money provides funding for a wide range of assets to both individual consumers and commercial enterprises. Furthermore, the Loan and Other Servicing division offers independent management services for various loans, including mortgages and personal loans, as well as handling broker administration. The entity was formerly known as Pepper Group Pty Limited.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is underpriced on P/E. Editor's
Target Price
The average target price of PPM.AX is 2.4 and suggests 50% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre