Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Charoong Thai Wire and Cable Public Company Limited, also known as CTW, operates as a manufacturer and distributor of a broad range of electrical and telecommunication cables, marketed under its CTW brand throughout Thailand, India, China, and other global regions. The company's business activities are structured into four primary divisions: Power Cable, Communication Cable, Fiber Optic Cable, and Enameled and Non-Enameled Wire. Its comprehensive product offerings include electrical wires and cables made from aluminum and copper, power cables for both high and low voltage applications, specialized telecommunication cables, fire-resistant and flame-retardant cables, and control and instrumentation cables, as well as aluminum/copper conductor cables. Furthermore, CTW is involved in producing and supplying fiber optic cables, alongside various enameled and non-enameled wires, which comprise enameled copper and aluminum wires, and non-enameled copper wires. The company also undertakes the fabrication of copper rods and provides custom OEM product design and manufacturing services. Founded in Bangkok, Thailand, in 1967, CTW caters to a diverse client base across both governmental and private sectors.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITD.