Report
EUR 14.57 For Business Accounts Only

A double requalification allows PEET to improve to Slightly Positive

PEET (AU), a company active in the Real Estate Holding & Development industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 2 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Slightly Positive. As of the analysis date March 19, 2021, the closing price was AUD 1.17 and its potential was estimated at AUD 1.53.
Underlying
Peet Limited

Peet is a pure-play residential developer. Co. acquires, develops and markets residential land, primarily under a funds management model. Co. operates in three business segments: the Funds Management segment, which enters into asset and funds management agreements with external capital providers and derive fees from underwriting, capital raising and asset identification services; the Company-owned Projects segment, in which Co. acquires parcels of land in Australia, primarily for residential development purposes; as well as the Joint Ventures segment, which consists of joint arrangements are entered with government, statutory authorities and private landowners.

Provider
TheScreener
TheScreener

Empowering Investors

theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals.  Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.

  • Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization.  theScreener state of art: We provide
  • theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
  • For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded

 

Other Reports on these Companies
Other Reports from TheScreener

ResearchPool Subscriptions

Get the most out of your insights

Get in touch