Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Able Engineering Holdings Limited operates as an investment holding company, delivering a comprehensive range of construction services throughout Hong Kong. These services encompass the construction of new buildings, alongside repair, maintenance, alteration, and addition works. The firm undertakes projects for diverse property types, including both public and private residential housing, institutional establishments, and other private buildings. Additionally, it specializes in fitting-out and interior works, as well as providing integrated design and build solutions. Beyond its core construction activities, the company also holds property assets. Its varied clientele includes government departments, property developers, and private owners. Established in 1976, Able Engineering is headquartered in Kowloon Tong, Hong Kong, and functions as a subsidiary of Golden Lux Holdings Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, undervalued on P/F