Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Operating as an investment holding company, Hextar Healthcare Berhad specializes in the manufacturing, trading, and distribution of In-Vitro Diagnostic (IVD) medical devices, serving markets in Malaysia and Europe. Its activities are segmented into Gloves Operation and Medical Devices Operation. A key part of its offering comprises disposable gloves—fashioned from natural rubber, synthetic rubber, and nitrile—suitable for household, industrial, and professional applications. Additionally, the firm trades and sells a range of gloves, along with household and kitchen items, and personal protective products, while also holding property investments. Founded in 1987 and headquartered in Ipoh, Malaysia, it was formerly known as Rubberex Corporation (M) Berhad.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is underpriced on P/FCF.