Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Permsin Steel Works Public Company Limited, along with its subsidiaries, is a Thai company specializing in the manufacturing and distribution of steel products. Its business activities are categorized into three main divisions: the supply of rolled steel, the production and sale of metal sheets, and the fabrication and delivery of steel pipes. The company offers a wide range of products, including hot and cold rolled steel, electro-galvanized steel, structural shapes like c-line, c-u, and t-bar, roll-formed metal sheets, and high-tensile galvanized c-channels. Additionally, they provide steel purlins, galvanized iron, and various steel coating solutions. Beyond its product offerings, Permsin Steel Works delivers specialized services such as steel cutting, slitting, packaging, and logistical support. Founded in 1989, the company's corporate headquarters are situated in Mueang Samut Sakhon, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, trading at neutral