Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
CSC Steel Holdings Berhad, an investment holding company, engages in the manufacturing and marketing of steel coils in Malaysia and the Asia Pacific. It offers hot rolled pickled and oiled steel for underbodies, automotive wheels and inner parts, strapping, tubing, and racks; and cold rolled steel products for use in various industries, including automotive, home appliances, drum, pipe, tube, steel furniture, office equipment, etc., as well as base metal for coated steel products. The company also provides hot dipped galvanized steel under the Realzinc brand; pre-painted galvanized steel under the Realcolor brand for use in building materials, such as awning, roofing, cladding, wall panels, etc.; and medium and high carbon steel. In addition, it is involved in holding real properties. The company was formerly known as Ornasteel Holdings Berhad and changed its name to CSC Steel Holdings Berhad in June 2008. CSC Steel Holdings Berhad was incorporated in 2004 and is based in Ayer Keroh, 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
Target Price
The average target price of 5094.KL is 1.4 and suggests 7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
