Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Propel Global Bhd. is an investment holding company, which provides oil and gas services. It operates through the following segments: Oil and Gas, Technical Services, Information and Communication Technologies (ICT), and Others. The Oil and gas segment refers to specialty chemicals and catalysts, heavy machineries, manpower, maintenance services for air-conditioning, ventilation systems, and pipe recovery. The Technical segment includes industrial, commercial, and residential construction. The ICT segment trades ICT hardware, software, and spare parts. The company was founded in 1994 and is headquartered in Kuala Lumpur, Malaysia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.