Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Tribe Property Technologies Inc. is a Vancouver-based proptech company, established in 2017, that provides technologically advanced property management solutions. Operating through its Software and Services and Software Licensing Fees segments, the firm primarily focuses on the tech-enabled management of condominium and other residential communities via its dedicated condo-living software platform. It also offers a full suite of support and community management services, including deficiency management software, to a diverse clientele including real estate developers, residential communities, and individual owners and residents. The company markets its offerings under various brand names, such as Tribe, Tribe Management, Gateway, bazinga, and Pendo. Notably, it underwent a name change in March 2021, having previously been known as Cherry Street Capital Inc.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers.
Target Price
The average target price of TRBE.V is 0.20 and suggests 13% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d