Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Eastern Technical Engineering Public Company Limited (ETE.BK) is a Thai enterprise primarily focused on installing electricity transmission and telecommunication networks throughout Thailand. Beyond this core infrastructure work, the company diversifies its operations across several key areas. It actively generates renewable energy using both solar and biomass technologies. ETE also provides a range of construction and system management services, in addition to offering personnel outsourcing and broader engineering solutions. Furthermore, the firm acts as a distributor of safety equipment. Its technology division supplies Microsoft software systems, offers management and consulting services, and specializes in the design and implementation of enterprise resource planning (ERP) solutions. Established in 1997, Eastern Technical Engineering Public Company Limited is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is of fair value on EV/EBITDA, undervalue