Risk factor
Very high price volatility
Profitability factor
Very weak growth
About
G J Steel Public Company Limited (GJS.BK) is a Bangkok-based enterprise, primarily engaged in the manufacturing and distribution of various flat-rolled steel products across Thailand. Its product line features specialized steel for commercial and drawing uses, structural applications, pipes, automotive components, atmospheric corrosion resistance, and gas cylinders and pressure vessels. Beyond its core steel operations, the company has broadened its activities to include a range of services such as business advisory, management, interior design, and construction. G J Steel also holds interests in the hospitality industry, encompassing hotels and food and beverage establishments, alongside the wholesale trade of assorted machinery and equipment. Additionally, the firm provides financial instruments, securities brokerage, and participates in residential real estate dealings. The company also extends its market reach through product exports. Established in 1994, G J Steel Public Company Limited was initially known as Nakornthai Strip Mill Public Company Limited until its official renaming in June 2008.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overvalued on P/FCF.