Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
FNS Holdings Public Company Limited, together with its subsidiaries, provides various financial services in Thailand. It operates through three segments: Investment, Advisory and Management Business; Securities Business; and Warehouse and Factory Leasing Business. The company invests in and provides finance and management advisory services; and offers warehouse and factory leasing services. It also provides investment banking; underwriting; mutual fund selling agency; bond trading; and investment advisory services, as well as private equity investment services. The company was formerly known as Finansa Public Company Limited. FNS Holdings Public Company Limited was incorporated in 1989 and is based 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 undervalued on P/FCF.
