Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
wrkr Ltd provides integrated electronic payment remittance solutions in Australia. The company offers wrkr platform, a cloud-based compliance platform for handling messaging; Wrkr PAY, a superannuation gateway and clearing house, and payment handling solution for secure processing of employee pay and super contributions for payrolls and superfunds; Wrkr SMSF Hub, which provides ATO messaging and contributions compliance for self managed super funds; Wrkr READY, a white label employee onboarding solution to manage the compliant onboarding of full-time and casual workers; and Wrkr BENEFITS, which focuses on the secure connection of workers to employer and external benefit providers. The company was formerly known as Integrated Payment Technologies Limited and changed its name to wrkr Ltd in November 2021. wrkr Ltd was founded in 2007 and is based in Sydney, Australia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is overvalued on EV/EBITDA, overpriced on P/FC.
Target Price
The average target price of WRK.AX is 0.16 and suggests 45% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr