Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Techbond Group Berhad, founded in 1992 and based in Shah Alam, Malaysia, specializes in the formulation, production, and distribution of industrial adhesives and sealants. The company serves markets in Malaysia, Vietnam, Indonesia, China, and other international regions. Its core offerings include various industrial adhesives like water-based and hot-melt types, as well as water-based and solvent-based industrial sealants. Beyond these, Techbond provides an array of supplementary products and services, such as original equipment manufacturer (OEM) industrial adhesives, a range of chemicals, adhesive repellents and cleaning agents, adhesive blending machines, spare parts, and maintenance support. Additionally, the company manufactures and sells phenolic resins, paper resins, additives, formalin, and phenoset microspheres. Techbond's industrial adhesive products are extensively utilized in the creation of numerous items, including wood-based products, paper and packaging, cigarettes and their packs, automotive components, personal care goods, bookbinding, mattresses, and various building and construction applications. The firm actively exports its products and operates as a subsidiary of Sonicbond Sdn. Bhd.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITDA, undervalued on
Target Price
The average target price of 5289.KL is 0.36 and suggests 28.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i