Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
MECOM Power and Construction Limited operates as an investment holding entity and a comprehensive engineering and construction contractor with operations spanning Macau, Hong Kong, and mainland China. The company offers a wide range of services, including the erection of steel structures, which involves structural steelwork, concrete placement, general building activities, and other integrated tasks. Its civil engineering construction portfolio encompasses demolition, ground investigations, site preparation, and foundation work, in addition to constructing substructures, superstructures, roads, and drainage systems. Furthermore, MECOM performs interior fit-out and renovation projects, undertaking alterations, modernizations, and upgrades. The firm also specializes in the construction and installation of high-voltage power substations, managing everything from planning and scheduling to project execution and the deployment of customized high-voltage substations and power transmission networks, including the integration of power systems. Its electrical and mechanical (E&M) engineering services cover the supply and/or installation of low voltage, heating, ventilation, and air-conditioning (HVAC), and extra-low voltage systems, complete with testing, commissioning, and rigorous quality and delivery oversight. Additionally, MECOM provides facilities operation and maintenance management, handling alterations, upgrades, routine maintenance, and emergency repairs for various buildings, properties, their components, and high-voltage power substations with their related infrastructure. Founded in Macau in 2000, MECOM Power and Construction Limited is a subsidiary of MECOM Holding Limited.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on E