Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Multi-Chem Limited functions as an investment holding company, with its business activities primarily segmented into its Printed Circuit Board (PCB) Business and Information Technology (IT) Business. The IT division is engaged in the distribution of internet and network hardware and software, complemented by installation, technical support, and maintenance services. Its market reach extends across Singapore, Greater China, Australia, India, and other international regions. The PCB division provides specialized services to circuit board fabricators. It also functions as a distributor for a wide selection of specialty chemicals, alongside crucial PCB manufacturing materials and equipment. This comprehensive offering includes entry and back-up materials for drilling processes, non-woven brushes for surface preparation, tacky rollers, tack cloths/wipes, machines for eliminating foreign particles from PCBs, automatic drill regrinding systems, and advanced x-ray inspection equipment. Furthermore, Multi-Chem leases machinery, delivers software consultancy and implementation solutions, and conducts IT training programs. The company was established in 1985 and is headquartered in Singapore.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA