TSX:PRLConsumer Finance
Propel Holdings (TSX:PRL) Profit Margin Expansion Reinforces Bullish Narrative Ahead of Earnings Season
Propel Holdings (TSX:PRL) delivered 56.1% earnings growth over the past year, pushing net profit margins up to 11.5% from 10.2% a year earlier. With earnings rising at a compounded 51.2% annually over five years and revenues forecast to grow 23.4% per year, which is well ahead of the Canadian market’s 5.1% growth estimate, the momentum continues. A Price-To-Earnings ratio of 10x, sitting below peer and industry averages, adds to the case for a fundamentally strong, undervalued stock.
See our...