Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Techbond Group Berhad develops, manufactures, and trades in industrial adhesives and sealants in Malaysia, Vietnam, Indonesia, China, and internationally. The company offers industrial adhesives, including water-based and hot melt adhesives; and industrial sealants, such as water-based and solvent-based sealants. It also provides products and services comprising original equipment manufacturer industrial adhesives, chemicals, and adhesive repellents and cleaners, as well as adhesive blending machines; and cleaners, spare parts, and maintenance services. In addition, the company manufactures and markets phenolic resins, paper resins, additives, formalin, and phenoset microspheres. The company's industrial adhesives are used in manufacturing a range of products, including wood-based products, paper and packaging products, cigarettes and cigarette packs, automotive applications, personal care products, bookbinding, and mattresses, as well as building and construction applications. It also exports its products. The company was founded in 1992 and is headquartered in Shah Alam, Malaysia. Techbond Group Berhad is 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 underpriced on P/E, 'cheap' on EV/EBITDA, undervalued on P/FCF.
Target Price
The average target price of 5289.KL is 0.47 and suggests 68% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc
