Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Established in Kuala Lumpur, Malaysia, in 2002, Trive Property Group Berhad functions as an investment holding company with diverse operations. Formerly known as ETI Tech Corporation Berhad until its rebranding in June 2015, the company's activities are organized across distinct segments: Trading, Construction, Investment Holding, and Property Investment. Within its trading arm, Trive Property Group is active in Malaysia through the sale of solar panels and related products. It also specializes in the development, marketing, and distribution of battery management systems designed for rechargeable energy storage applications. Its extensive product range includes various rechargeable lithium battery solutions tailored for consumer, industrial, and military sectors, alongside offerings such as renewable energy storage systems, environmentally friendly golf cart batteries, electric vehicle batteries, backup power units, and standby power systems. The company further provides solar-powered streetlights, integrated solar lighting installations, and comprehensive solar energy storage solutions. Beyond its energy-related ventures, Trive Property Group is deeply involved in real estate, undertaking property and housing development, construction services, and property investment. Additionally, its investment holding segment encompasses investments in both publicly traded and private shares, complemented by income generated from building rentals.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD