Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
I.C.C. International Public Company Limited, along with its affiliated businesses, operates as a comprehensive distributor of consumer goods both within Thailand and internationally. The company structures its operations across three primary divisions: beauty products (encompassing cosmetics, toiletries, and perfumes), women's apparel, and men's apparel. Its extensive product catalog for women features a wide array of garments, including tops, pants, blazers, dresses, skirts, activewear, lingerie, sleepwear, and maternity clothing, alongside handbags, footwear, accessories, and cosmetic items. For men, the offerings range from shirts, T-shirts, trousers, jackets, sportswear, and underwear to blazers, suits, bags, shoes, and accessories. Catering to younger demographics, the company also supplies apparel like tops, pants, and skirts for children and babies, as well as underwear, bags, shoes, accessories, and even beds for newborns. Beyond clothing and beauty, I.C.C. International distributes watches, leather products, various beverages (including soya milk and dietary supplements), and household essentials such as laundry detergents and fabric care items. Additionally, the company is involved in the manufacturing of ready-to-wear clothing and engages in real estate activities. Its products reach consumers through its own retail outlets, department store concessions, and online sales channels. Founded in 1964 and headquartered in Bangkok, Thailand, the company was originally named International Cosmetics Public Company Limited before rebranding to I.C.C. International Public Company Limited in 1996.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITDA,