Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Headquartered in Bangkok, Thailand, Energy Absolute Public Company Limited engages in a diverse array of energy and manufacturing operations. Established in 2006 and formerly known as Suntech Palm Oil Ltd. until its rebranding in 2008, the company's activities span from traditional resources to advanced technologies. Its core business involves the production and distribution of biodiesel, purified glycerin, and related byproducts within Thailand. The company also manufactures crude palm oil and phase change materials. A substantial part of its focus is on the electric vehicle market, encompassing the development and supply of electric buses, trucks, and various other vehicles. Complementing this, Energy Absolute develops, produces, and distributes sophisticated lithium-ion polymer batteries and high-capacity electricity storage systems. Beyond manufacturing, the company generates electricity using solar, wind, and biogas power plants. It further provides a range of services, including logistics, renewable energy consulting, and waste disposal, alongside operating electric charging and hub stations.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/E
Target Price
The average target price of EA.BK is 1.00 and suggests 55.4% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to