Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
TAS Offshore Berhad, an investment holding company, engages in the shipbuilding, ship repairing, and vessel chartering activities in Malaysia, Singapore, and Indonesia. Its shipbuilding activities include hull and superstructure construction; propulsion and power system installation; communication, navigation, and surveillance systems installation; machinery and equipment installation; interior fit-out; painting; and vessel testing and commissioning. The company constructs a range of vessels, such as anchor handling tug supply vessels, anchor handling tugs, utility/supply vessels, offshore supply vessels, tugboats, pusher tugs, landing craft, ferries, and container carriers. Its ship repair services comprise routine marine engine, machinery, and equipment inspection and maintenance; routine piping and wiring inspection and maintenance; repainting; repairing damage from collision and other accidents; and installing equipment. TAS Offshore Berhad was founded in 1977 and is headquartered in Sibu, Malaysia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, undervalue
