Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Praemium Limited, an Australian firm founded in Melbourne in 2001, operates internationally, delivering a comprehensive suite of financial technology and services. The company provides integrated solutions to financial professionals, most notably a managed accounts platform that empowers advisors and wealth managers to craft bespoke investment strategies for their clientele. This includes offering virtual managed accounts (VMA) and their associated administrative services. Praemium also furnishes a variety of 'advice solutions', such as tools for practice optimization, report and financial plan generation, remuneration management, lead acquisition, and enhancing client interaction, in addition to its Wealthcraft services. These sophisticated offerings are primarily utilized by financial advisers, brokers, and accounting professionals.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on E
Target Price
The average target price of PPS.AX is 1.2 and suggests 78.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc