Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
MBK Public Company Limited, a diversified conglomerate established in 1974 and based in Bangkok, Thailand (originally MBK Development Public Company Limited until November 2003), conducts a broad spectrum of business activities. Its extensive portfolio encompasses real estate, including the management of shopping centers and office spaces, residential property sales, development, and related advisory and appraisal services. The company is also a significant player in the hospitality and tourism sector, offering accommodation, dining, and other travel-related amenities, alongside providing golf services, clubhouses, and equipment sales. In the food industry, MBK cultivates and distributes rice for both domestic and international markets, while also operating food centers and restaurants. Financial services include motorcycle hire purchase and life assurance. Furthermore, its operations extend to diverse areas such as vehicle auction services, security, human resources, construction, investment, CRM loyalty programs, various land and property rentals (warehouses, factories, parking), fitness facilities, and inventory trading. MBK's geographical reach extends across Thailand, North America (the United States and Canada), Europe, and the Asia Pacific region.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITDA