Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
EMC Public Company Limited, headquartered in Bangkok, Thailand, operates as a diversified company with its primary business activities centered on construction contracting and real estate development, mainly conducted in Hong Kong. The firm undertakes a wide array of construction projects, including the erection of skyscrapers, industrial facilities, and various civil engineering works such as barrages, waterways, roadway construction, and soil erosion prevention. Additionally, EMC provides extensive electrical and mechanical (E&M) engineering services, involving the installation of critical electrical, plumbing, and ventilation systems for a diverse clientele, including hotels, hospitals, residential condominiums, office complexes, shopping centers, and industrial factories. Within its real estate division, the company develops a range of properties, from individual houses, semi-detached homes, and townhouses to condominiums and commercial buildings. Established in 1979, the company was formerly recognized as EMC Engineering Limited Partnership.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is underpriced on P/FCF.