Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Established in 1988 and headquartered in Chonburi, Thailand, Arrow Syndicate Public Company Limited specializes in the production and supply of a diverse range of conduits, pipings, and ducting solutions. Initially known as J.S.V. Hardware Company Limited until its rebranding in August 2012, the company plays a vital role in providing components for the construction, building, and water treatment sectors within Thailand. Its extensive product catalog includes various electrical conduits, such as intermediate metallic, rigid steel, and flexible metallic types (including squarelocked, interlocked, and liquid-tight versions), alongside electrical metallic tubings. They also offer fittings and pipes for both hot and cold water systems. Furthermore, the company manufactures a wide array of air ducts, like spiral, long seam, flexible metal, and rectangular designs, in addition to corrugated and post-tensioned ducts, and durable reinforced thermosetting resin conduits. Beyond these manufacturing activities, Arrow Syndicate produces air cooling conduits and provides services as a contractor for electrical systems. The company boasts a significant global reach, exporting its products to numerous countries including Australia, Japan, the United States, Turkey, the Philippines, Singapore, Indonesia, Vietnam, Egypt, Myanmar, Malaysia, Cambodia, and Saudi Arabia.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA,
Target Price
The average target price of ARROW.BK is 6.4 and suggests 10% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendati