Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Operating primarily through its subsidiary, Teppitak Seafood Company Limited, Kiang Huat Sea Gull Trading Frozen Food Public Company Limited is a producer and distributor of frozen seafood. Its market reach extends across Thailand, various Asian regions, Europe, and the United States. The firm's product line encompasses a diverse range of frozen items, including block, semi-IQF (Individually Quick Frozen), IQF, and vacuum-sealed packaging. This selection features raw and cooked shrimp varieties such as head-on, headless, and peeled, alongside extended shrimp options, and cooked tail-on butterfly, breaded, and easy-peel shrimp. Additionally, they provide slipper lobster tails and meat. These products are marketed under a portfolio of brand names, including Sea King, Sea Champion, Eagle, Sea Queen, Sea Flower, and Blue Gulf. Established in 1978, the company maintains its principal office in Songkhla, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.