Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2021, it owned and operated through a fleet of thirteen very large gas carriers. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary of Hemen Holding Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, undervalued on P/F
