Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Formosa Prosonic Industries Berhad, together with its subsidiaries, specializes in the engineering, production, and sale of a variety of speaker systems across Malaysia. Their product offerings encompass contemporary wireless speakers, traditional audio equipment for home entertainment, dedicated speaker components, and plastic-molded items, all supported by bespoke installation services. The company also produces musical instruments, including pianos, guitar amplifiers, and drums. Furthermore, they extend their expertise through original equipment manufacturing (OEM) and original design manufacturing (ODM) services, covering areas like woodworking, plastic injection molding, driver unit construction, printed circuit board (PCB) assembly, and comprehensive finished-product assembly, specifically including speaker driver units. Established in 1988, the firm's main office is situated in Port Klang, Malaysia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued o