Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
TOMO Holdings Limited operates as an investment holding company, primarily focusing on the design, manufacturing, supply, and installation of leather upholstery for passenger vehicles throughout Singapore. Beyond providing leather for front and rear seats, the company also crafts bespoke leather coverings for other interior components like door panels, headrests, and armrests. Its business operations are segmented into three core areas: Passenger Vehicle Leather Upholstery, Passenger Vehicle Electronic Accessories, and Automotive Parts and Motor Vehicle. The electronic accessories division offers advanced navigation and multimedia systems, including head units and in-car entertainment, alongside vital safety and security solutions such as digital video recorders, reverse cameras, parking sensors, and alarm systems. Additionally, TOMO supplies automotive components and motor vehicles to various passenger vehicle distributors and dealerships. Established in 1995, the company maintains its headquarters in Singapore and is a subsidiary of Billion Legend Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.