Risk factor
Very poor trading liquidity
Profitability factor
Slightly undervalued vs peers
About
Established in 1990 and headquartered in Masai, Malaysia, Karyon Industries Berhad operates as an investment holding company with a primary focus on the production and global distribution of polymeric goods. The firm's business activities are divided into two main segments: Investment Holding and the Manufacturing of Polymeric Products. Karyon's product portfolio includes polyvinyl chloride (PVC) compounds, which are vital components in diverse applications like wire and cable coverings, footwear manufacturing, linings, and gaskets. It also fabricates PVC hoses for both household and industrial applications. Beyond these, the company produces and trades in various metallic stearates, such as calcium, zinc, and magnesium stearate, along with PVC stabilizers and other chemical additives. Additionally, Karyon is involved in the commerce of hardware and construction materials.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBIT