Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Operating globally under the elZinc brand, Asturiana De Laminados S.A. is a Spanish developer and manufacturer specializing in rolled zinc products for the construction industry. The company offers a diverse range of materials, including metallic sheets and coils for roofing, cladding, and rainwater drainage, as well as honeycomb and composite panels designed for new and renovated building facades. Its product line also features various wall cladding tiles (such as square, roof, peak blade, and teardrop designs), auxiliary items like clips and strippers, and complete trading systems for roofing and rainwater management, encompassing various gutters. Furthermore, elZinc provides engineered facades, facade panels, angle standing seams, and flat lock shingles. These offerings are distributed globally through a vast network of distributors spanning North and South America, Australia, New Zealand, numerous Asian markets (including China/Hong Kong/Macau, Japan, South Korea, and Taiwan), Russia, Spain, Turkey, and the UK/Ireland. Commercial agents further extend its reach into Central Europe (Czech Republic, Poland, Slovakia, Hungary), Western Europe (France, Germany, Austria), and the Nordic countries. Established in 2006, Asturiana De Laminados S.A. is based in Olloniego, Spain, and operates as a subsidiary of Laminados del Principado, S.A.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E, trading at neutral level