Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
National Tyre & Wheel Limited, operating through its subsidiaries, focuses on the marketing and distribution of a wide array of motor vehicle components, including tires, wheels, inner tubes, and related accessories. Its operations are established across Australia, New Zealand, and South Africa. The company offers a comprehensive product range that encompasses tires for trucks, buses, 4WDs, agricultural vehicles, and off-the-road equipment, in addition to industrial and budget tire options. They also provide 4WD wheels and original equipment tires and wheel assemblies. Founded in 1989, the firm is headquartered in Hamilton, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair