Risk factor
Very poor trading liquidity
Profitability factor
Very poor margins and returns
About
CB Industrial Product Holding Berhad (CBIH), an investment holding company established in 1980 and based in Telok Panglima Garang, Malaysia, operates a diverse business portfolio. A key player in the palm oil industry, CBIH specializes in the production and global distribution of palm oil mill equipment and associated spare parts. Its machinery, including screw presses, digesters, sludge centrifuges, and king crackers, is supplied to markets spanning Indonesia, Malaysia, Papua New Guinea, Thailand, Central America, Africa, Singapore, Liberia, and other international locations. Beyond manufacturing, the company is actively involved in oil palm cultivation and manages the trading and processing of various palm oils, such as crude palm oil, crude palm kernel oil, and refined bleached deodorized palm oil. CBIH's operations extend to specialized vehicle design, fabrication, retrofitting, and maintenance, covering a range of units like firefighting and rescue vehicles, as well as ambulances. The company also oversees the design, manufacturing, installation, testing, commissioning, and servicing of industrial boilers and unfired pressure vessels, complementing its ownership and operation of a biodiesel refining facility. The services offered by CBIH are extensive, including engineering support, mechanical fabrication, and commissioning for palm oil mills, along with general contracting. Furthermore, it engages in the manufacturing of crude palm oil and palm kernel, the commerce of palm oil mill processing equipment, and the provision of spare parts for these facilities. CBIH also contributes to the aviation sector through the design, fabrication, sourcing, and maintenance of aviation-related equipment. Its various business ventures are organized into distinct segments: Plantation and Milling, Equipment and Engineering, Special Purpose Vehicles, Refinery, and Investing.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is overvalued on P/FCF.