Risk factor
Very poor trading liquidity
Profitability factor
Solid dividends
About
Asia Medical and Agricultural Laboratory and Research Center Public Company Limited (AMARC), established in Bangkok, Thailand, in 2004, offers a broad spectrum of laboratory services, focusing primarily on the agricultural, food, and pharmaceutical sectors. This subsidiary of Ladprao General Hospital Public Company Limited provides vital support across several key areas. The company delivers extensive testing, inspection, and certification for a diverse range of products, including meat and meat products, fats, oils, pet food, feedstuffs, aquaculture items, crops, and various other food and beverage commodities. They also perform environmental analyses on water, air, and soil samples, as well as potable water and water ice. For the agricultural industry, AMARC specializes in quality control and registration for fertilizers, in addition to conducting efficacy and residue trials and providing registration assistance for hazardous substances and pesticides. In the pharmaceutical realm, their services encompass quality assurance testing, research and development for drugs and raw materials, analysis of product components, drug analysis method validation, and bioequivalence studies. They also support the cosmetics industry with quality assurance, including contaminant and challenge tests, and are involved in developing new testing methodologies for pharmaceutical products. Beyond analytical testing, AMARC offers calibration services for electrical, temperature, chemical, and mechanical metrology, alongside calibrating various medical devices such as electrocardiograms, non-invasive blood pressure devices, patient monitors, and pulse oximeters. Additionally, the company provides expert consultation and training, guiding clients through quality system preparation (including ISO/IEC 17025 standards), inspection, and certification processes, as well as optimizing laboratory tools and equipment. Further services include nutrition labeling, shelf-life assessments, and analysis of food contact materials.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/E
Target Price
The average target price of AMARC.BK is 4.3 and suggests 32% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc