Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Wong Engineering Corporation Berhad, together with its subsidiaries, designs, manufactures, and sells high precision stamped and turned metal parts, components, and welded frame structures in Malaysia, the rest of Asia, Europe, and internationally. The company operates through three segments: Precision Engineering, Construction and Property Development, and others. It engages in the general building construction and infrastructure work, property development and related business, and investment holding business. The company serves the oil and gas, aerospace, telecommunication, test instrument, automotive, and medical devices sectors. Wong Engineering Corporation Berhad was founded in 1982 and is based in Kulim, Malaysia.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, trading at neutral