Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Established in Bangkok, Thailand, in 1977, Premier Marketing Public Company Limited is a multifaceted entity specializing in the distribution of consumer products, food manufacturing, and the provision of cold storage facilities and services. The company's distribution arm circulates a broad spectrum of consumer goods, including snack foods, confectionery, beverages, nutritional supplements, pastilles, as well as personal care and household items, within Thailand, Japan, and international territories. Its manufacturing division produces a range of items: fish strips, sheets, coated, and crispy snacks under the Taro brand; fried seaweed products marketed as Taro Biggu; and tuna-based goods, such as ready-to-eat pouched and canned tuna, alongside private-label tuna pet food. Furthermore, it manufactures ketchup and chili sauce under the King's Kitchen brand. Beyond these core activities, the company processes frozen foods and offers rental services for cold storage space. Premier Marketing reaches its end-users via wholesalers, general retailers, direct sales personnel, and commercial trade stores. Notably, its tuna offerings are exported across Asia, Europe, and the Middle East.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r