Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
WCE Holdings Berhad, an investment holding company, engages in the construction, management, and tolling of highway operation in Malaysia. It operates through Toll Concession, Construction, and Others segments. The company designs, develops, and constructs the West Coast Expressway Project, as well as manages its toll operations; and offers construction contracting and project management services. It also provides leasing, and maintenance and ancillary services. The company was formerly known as Kumpulan Europlus Berhad and changed its name to WCE Holdings Berhad in September 2016.WCE Holdings Berhad was incorporated in 2000 and is based in Klang, Malaysia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.
