Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Finansia Syrus Securities Public Company Limited, together with its subsidiaries, engages in the securities and derivatives brokerage business in Thailand. The company operates in three segments: Securities and Derivatives Brokerage, Investment Banking, and Proprietary Trading. It offers securities brokerage and trading, investment and financial advisory, securities underwriting, derivative brokerage, securities borrowing and lending, and mutual fund and private fund management services. As of December 31, 2021, the company had 24 branches. The company was formerly known as Syrus Securities Public Company Limited and changed its name to Finansia Syrus Securities Public Company Limited in June 2009. Finansia Syrus Securities Public Company Limited was founded in 2002 and is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD
