Risk factor
Very poor trading liquidity
Profitability factor
Solid dividends
About
Buriram Sugar Public Company Limited (BRR.BK), along with its subsidiaries, is a prominent player in the production and supply of sugar and molasses, serving both the Thai domestic market and international customers. Its operations are diverse, encompassing key segments such as Sugar and Molasses, Trading of Agricultural Products, Electricity and Steam Generation and Distribution, and various other ventures. Within its primary sugar and molasses segment, the company provides a comprehensive range of sugar products, including refined, brown, white, cane, and raw sugar, alongside co-products like bagasse and filter cakes. Beyond its core sugar operations, Buriram Sugar actively engages in the trading of various agricultural commodities. It also leverages by-products to produce and distribute organic and organic chemical fertilizers derived from filter cakes. Furthermore, the company dedicates resources to research and development aimed at enhancing sugarcane farming efficiency and nutritional quality. A significant part of its portfolio includes the generation and supply of electricity, primarily utilizing biomass, as well as steam generation and distribution. Supporting these activities, the company offers extensive logistics solutions, covering both domestic and international land and water product transportation. It also manufactures and distributes packaging materials produced from bagasse, and holds investments in the wood pellet sector. Established in 1963, Buriram Sugar Public Company Limited is headquartered in Buriram, Thailand, and operates as a subsidiary under Buriram Capital Co., Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EB