Risk factor
Resilient to price shocks
Profitability factor
Very strong margins and returns
About
Frontken Corporation Berhad, an investment holding company, provides surface treatment, and mechanical and chemical engineering works in Malaysia, Singapore, the Philippines, Taiwan, and Indonesia. The company offers precision cleaning services comprising spray cleaning, immersion cleaning, and ultrasonic cavitation and implosion services, as well as precision pico-cleaning services. It also provides thermal spray coating, cold build up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding, precision manufacturing, mechanical fitting and assembly, dynamic balancing, heat treatment, on-site machining, metal stitching, laser alignment, and plant engineering and construction services. In addition, the company offers surface treatment and precision cleaning services for the thin film transistor-liquid crystal display and semiconductor industries; and engineering services. It serves oil and gas, power generation, and marine sectors. Frontken Corporation Berhad was founded in 1996 and is headquartered in Petaling Jaya, Malaysia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA
Target Price
The average target price of 0128.KL is 5.1 and suggests 15% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell