Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Established in 1997 and headquartered in Bangkok, Thailand, MFEC Public Company Limited is a comprehensive provider of information technology services, including system implementation, ongoing maintenance, and software development, extended through its various subsidiaries. The company structures its operations across four main segments: Systems Integration, Maintenance Services, IT Professional Services, and Cloud Computing Services. MFEC's extensive offerings cover core infrastructure like database and big data solutions, application and system infrastructure, and data center modernization, alongside advanced analytics, business intelligence, and intelligent data protection. They also specialize in critical business solutions such as lending, digital process automation, enterprise content management, and digital workplace services, ensuring robust data and endpoint security across all operations. Beyond these, MFEC provides cloud platform services, managed IT and outsourcing, technical support, and sells both computer hardware and software, including entertainment media. The company further extends its expertise to electronic payment gateway services, blockchain platform development and consulting, IT consulting for network design and program development, and personnel recruitment.
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