Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Best Pacific International Holdings Limited, along with its associated companies, specializes in the production, distribution, and sale of materials for the intimate apparel sector. The firm supplies a range of items including elastic fabrics, stretch webbing, and lace, which are integral to manufacturing lingerie, as well as various types of sportswear like sports bras, cycling attire, and running or yoga gear, alongside casual apparel. Additionally, they offer shoulder straps, decorative trimmings for lingerie, and waistbands. Their extensive client base comprises brand owners and manufacturers of both lingerie and athletic wear, with sales reaching markets in Hong Kong, Mainland China, Sri Lanka, Vietnam, South Korea, Taiwan, Indonesia, Macau, Bangladesh, and numerous other international locations. Founded in 2003, the company's main operations are situated in Dongguan, People's Republic of China. Best Pacific International Holdings Limited operates as a subsidiary of Grandview Capital Investment 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, 'cheap' on EV/EBIT
Target Price
The average target price of 2111.HK is 3.41 and suggests 45.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i