Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Grand Prix International Public Company Limited, established in 1970 with its headquarters in Bangkok, Thailand, is a multifaceted enterprise primarily focused on the automotive industry. The company is a leading organizer of automotive exhibitions, conducting events both within Thailand and on the international stage. Beyond these major shows, GPI orchestrates a variety of motorsport activities, including quarter-mile, off-road, and motorcycle races, and delivers services such as automotive testing, caravan rallies, and safe driving courses. Its extensive media operations include publishing numerous auto-themed print titles, such as Grand Prix, Off Road, Motorcycle, and XO Autosport magazines, the YuadYan newspaper, a lifestyle magazine, and Garage Life, alongside offering broader and digital media solutions. Additionally, the company provides comprehensive printing services to a diverse clientele spanning sectors like fashion, textiles, food, real estate, tourism, automotive, government, and direct sales. GPI also manages advertising media channels across print, television, and online platforms. Further expanding its portfolio, the company produces and distributes books and holds strategic investments in the power plant sector.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, reaso