Risk factor
Very poor trading liquidity
Profitability factor
Favourable analyst view
About
GDEX Berhad, an investment holding company established in Petaling Jaya, Malaysia, in 1997, functions as a diverse provider of express delivery and logistics services. Its operational reach extends across Malaysia, Vietnam, Indonesia, and Singapore. The company was formerly known as GD Express Carrier Bhd, undergoing a name change to GDEX Berhad in December 2020. Its core offerings encompass a wide array of domestic express delivery options, such as expedited next-day and same-day services, cash-on-delivery (COD), reverse charge mechanisms, secure handling for valuable items, and specialized delivery services like priority shipping, TAC delivery, and on-board courier solutions. Beyond domestic express, GDEX also manages international logistics and freight forwarding, utilizing air, sea, and both local and cross-border land transportation methods. The company further extends its portfolio to include comprehensive information technology services. These range from web design and e-commerce solutions to business software development, computer programming, and cyber security consulting. It also provides design agency services, particularly for e-commerce and corporate websites. Additionally, GDEX is involved in property management, facilities management, and asset management services, alongside warehousing solutions and property investment holding. Other diversified offerings include general trading, acting as an insurance agent, payment processing, product registration and advisory services, intellectual property resource management, shipment protection, and mailroom handling. As of December 31, 2022, GDEX maintained a substantial operational footprint, evidenced by its fleet of 1,423 vehicles.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, of fair value
Target Price
The average target price of 0078.KL is 0.20 and suggests 48.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i