Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Established in 1986 and headquartered in Bangkok, Thailand, CMO Public Company Limited is a comprehensive event management firm. The company specializes in orchestrating a wide array of public, exhibition, and entertainment events across Thailand. Their expertise extends to corporate and marketing functions, including prominent product launches, online promotional campaigns, professional seminars, and major festivals. CMO also manages museum and national events, alongside providing full-spectrum MICE (Meetings, Incentives, Conventions, Exhibitions) services that encompass welcoming receptions, educational sessions, farewell parties, and public relations meetings. Embracing modern event solutions, the company offers digital and hybrid formats. Beyond event planning, CMO operates amusement and theme parks. They also provide a complete range of event equipment rentals, such as advanced image, visual, lighting, audio systems, and robust rooftop and structural solutions. Furthermore, CMO excels in multimedia production, creating multi-visual slides, videos, and sophisticated computer graphics. Their extensive service portfolio caters to a diverse clientele, including state enterprises, governmental agencies, and key industries like automotive, financial, energy, entertainment, and retail, as well as various media agencies. CMO also organizes specialized themed events, bespoke workshops, play series, school excursions, corporate client functions, and a variety of private parties, spanning weddings, birthdays, graduation celebrations, and seasonal festivities such as Easter, Christmas, and Thanksgiving.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITD