Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
City Steel Public Company Limited, alongside its associated companies, is primarily engaged in the production and distribution of metal structures, diverse storage solutions and material handling apparatus, and custom-fabricated metal components across Thailand. The company also provides specialized steel service center and processing capabilities. Its extensive portfolio of storage and material handling equipment includes various racking systems, modular and specialized shelving (such as mobile systems and pipe racks), conveyor setups, mezzanine platforms, cabinets, lockers, carts, dollies, pallets, and essential dock and handling machinery. Furthermore, City Steel supplies a range of metal goods, industrial materials, and general equipment. Established in 1995, the firm maintains its principal offices in Chonburi, Thailand, and functions as a subsidiary of WKP Asset Plus Company Limited.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E.