According to analysts (including STA) the PKK stock or the Peak Fintech stock has received a rating of “consensus buy”. It has a price objective for the next year set at 2.4 CAD
According to the projections made by 0 different analysts on the price of Peak Fintech Group Inc – PKK stock over the next 12 months, the average Analyst Target Price for Peak Fintech Group Inc (PKK stock) is not currently available. The typical rating given to Peak Fintech Group Inc (PKK stock) by industry experts is. Based on 7 positive signs and 3 negative indications, Stock Target Advisor’s very own shares research of Peak Fintech Group Inc. indicates a Bullish outlook for the company’s stock. The shares of Peak Fintech Group Inc. were valued at CAD 1.94 as of the most recent market close. Peak Fintech Group Inc’s stock price has changed by -0.11 percent over the previous week, -0.01 percent over the past month and -55.30 percent over the last year.
Tenet Fintech Group Inc., through its subsidiaries, participates in the commercial lending market in China. It conducts its business using two distinct divisions: the Fintech Platform and the Financial Services. The Fintech Platform division is responsible for the acquisition and distribution of products within supply chains, in addition to the facilitation of transactions within the commercial lending industry, using various technological platforms. The Financial Services section offers commercial loans to entrepreneurs, and small and medium-sized businesses, as well as turn-key credit outsourcing services to banks and other lending institutions. The company formerly went by the name Peak Fintech Group Inc. (PKK stock), but in November 2021, it transitioned over to operating under the name Tenet Fintech Group Inc. Tenet Fintech Group Inc. was established in 2008 and currently maintains its headquarters in the city of Toronto in the country of Canada. Address: 119 Spadina Avenue, Toronto, ON, Canada
What we like about PKK stock:
A significant amount of market capitalization
This business is one of the largest in its industry and ranks in the top quartile of companies in its category. These kinds of businesses are typically more reliable.
Superior risk adjusted returns
This stock has fared exceptionally well, on a risk-adjusted basis, in comparison to the other companies in its sector (for a hold duration of at least a year), and it is in the top quartile.
When compared to its book value, the price is too low.
The stock is selling inexpensive compared to its rivals on a price to book value metric and is in the top quartile. It may be underpriced but do review its financial performance to be sure there is no special explanation.
The company is less indebted than its counterparts, and is among the top quartile, which makes it more flexible. However, keep up with the news and pay attention to its industry. There are times when this is low due to the fact that the company is not growing and has little possibility for expansion.
Free cash flow that is positive.
The most recent four quarters of the company’s operations resulted in a positive overall free cash flow.
On the basis of free cash flow, the price is below market.
On the basis of price to free cash flow, the stock for selling at a cheap level relative to its competitors and is located in the highest quartile. It is possible that the price is too low; however, you should investigate the company’s financial performance to ensure that there is not a particular explanation for this.
A Ratio of Gross Profit to Assets That Is Extremely High
When compared to other stocks in its industry, this one’s Gross Profit to Asset Ratio places it in the highest possible quartile. This is a common method utilized by value investors, as it demonstrates greater returns over an extended period of time.
What we don’t like about the PKK stock:
High degree of uncertainty
Over the past five years, this company’s total returns have been highly variable and have consistently been above the industry median. Check if you are willing to take on the level of risk that such a stock requires before investing in it.
Cash flow that is negative
The most recent four quarters of the company’s operations resulted in a negative overall cash flow.
Based on free cash flow, the price is too high.
On the basis of price to free cash flow. The stock is trading at a premium price in comparison to its competitors. Its pricing is significantly higher than the market median for its industries. If you are thinking about making a purchase, you should proceed with extreme caution.