Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
NationGate Holdings Berhad, an investment holding company, provides electronic manufacturing services. The company is involved in the assembly and testing of electronic components and products to produce completed printed circuit board, semi-finished subassemblies, and fully assembled electronic products; and semiconductor devices, as well as provision of value-added services, including high precision plastic injection moulding, prototyping for manufacturability, supply chain management, testing and inspection, and packaging services. It serves end-user markets, such as networking and telecommunications, data computing, industrial instruments, consumer electronics, automotive, semiconductor, as well as medical devices, IoT, household electronic products, and analytical instrumentation devices. The company was founded in 1999 and is headquartered in Perai, Malaysia.
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
