Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
AME Elite Consortium Berhad, established in 1995 and based in Senai, Malaysia, functions as an investment holding enterprise primarily engaged in the Malaysian construction sector. Its operations are broadly categorized into four main divisions: Construction, Property Development, Engineering, and Investment Holding/Property Investment and Management Services. The company's activities span comprehensive property development, including the leasing and management of various real estate assets. This encompasses the specialized development of industrial parks, the sale and rental of industrial factory premises, and the management and provision of workers' dormitories. Additionally, AME Elite is involved in the manufacturing, installation, and contracting of industrialized building systems, with a focus on precast concrete and steel structures. Its engineering arm supplies heavy equipment for construction, performs fabrication work, and handles mechanical, electrical, and fire protection system installations and servicing. The company also oversees the management of a real estate investment trust (REIT). Furthermore, AME Elite is dedicated to renewable energy initiatives, undertaking the engineering, procurement, construction, and commissioning (EPCC) of projects, specifically in the development, investment, management, operation, and maintenance of solar energy systems. Beyond these core businesses, the group also manages clubhouses and offers sports and recreational services.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'
Target Price
The average target price of 5293.KL is 2.3 and suggests 59.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in