Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Goodyear (Thailand) Public Company Limited, a subsidiary of The Goodyear Tire & Rubber Company, was established in 1968 with its main offices located in Pathumthani, Thailand. The company's core business involves the manufacturing, supply, and retail of a wide array of tires for both road vehicles and aviation purposes across Thailand. Their product line features tires for passenger cars, commercial trucks of varying dimensions, and aircraft, in addition to offering tire retreading solutions. The company also extends its reach through the export of its merchandise.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT