Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Asia Plus Group Holdings Public Co. Ltd. is an investment company, which engages in the securities business. Through its subsidiaries, it operates through the following segments: Securities and Derivatives Brokerage; Investment Banking; Fund Management; Investment Trading; and Other. The Securities and Derivatives Brokerage segment offers brokering services for both local and foreign investors. The Investment Banking segment provides financial advisory services and underwriting services. The Fund Management includes fund management services and investments in unit trusts. The Investment Trading segment comprises of buying, selling, and exchanges securities in its own accounts. The Other segment deals with back office, equity derivatives, Wealth Plus, and treasury operating segments. The company was founded on October 22, 1974 and is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA, u
