Risk factor
Very high price volatility
Profitability factor
Very strong margins and returns
About
International Container Terminal Services, Inc. (ICTEF), through its subsidiaries, focuses on the acquisition, development, management, and operation of container ports and terminals globally, serving the shipping industry. In addition to these core terminal operations, the company provides a suite of ancillary services. These include storage, container packing and unpacking, inspection, weighing, and specialized support for refrigerated containers (reef-ers). It also facilitates roll-on/roll-off and anchorage services for non-containerized (general) cargoes and efficiently handles containerized freight for international import and export. As of March 1, 2022, ICTEF boasted a significant global presence, with 35 terminal concessions and port development projects across 20 countries worldwide. Established in 1987, the company is headquartered in Manila, the Philippines.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI