Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Oceancash Pacific Berhad operates as an investment holding company primarily involved in the production and commercialization of non-woven goods. Its business activities span across Malaysia, Indonesia, Japan, Thailand, and other international markets. The firm is structured around two main divisions: Insulation and Hygiene. Within its Insulation segment, the company develops, distributes, and trades in specialized resinated and thermoplastic felts. These materials are crucial for interior and exterior components in automobiles, air conditioning compressor insulation, and for thermal insulation applications in construction, including roofs, ceilings, walls, and partitions. The Hygiene division focuses on manufacturing air-through and thermal bonded nonwoven fabrics. These fabrics are vital elements for top-sheets, second layers, acquisition distribution layers, and back-sheets found in baby diapers, sanitary napkins, and wet wipes. They are also utilized in medical apparel such as surgical caps, masks, and gowns. Additionally, Oceancash Pacific Berhad fabricates parts and accessories for vehicles and provides management services. The company's diverse product portfolio sees application in building projects, dBtex ceiling boards, and mattresses. Established in 1996, Oceancash Pacific Berhad is headquartered in Bandar Baru Bangi, Malaysia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is 'cheap' on EV/EBITDA.