Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Headquartered in Bangkok, Thailand, Amanah Leasing Public Company Limited was founded in 1992 and delivers a broad spectrum of financial and leasing products to both individual consumers and corporate clients across Thailand. The company's core services include hire purchase, financial and operational leasing, and inventory financing. Furthermore, it extends its offerings to include swift loans for second-hand automobiles, vehicle leasing, and "auto-to-money" solutions. Organized into two main segments, Hire Purchase and Others, Amanah Leasing maintains an extensive presence with 46 branches distributed throughout the central, northeastern, northern, and southern regions of the country. The company underwent a name change in October 2010, transitioning from its former identity as Nava Leasing Public Company Limited.
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.
Target Price
The average target price of AMANAH.BK is 0.64 and suggests 2% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to