Risk factor
Limited trading liquidity
Profitability factor
Excellent dividends
About
Prima Marine Public Company Limited, established in 2007 and based in Bangkok, Thailand, operates in the marine transportation sector across Thailand and Singapore. The firm's primary activities include the seaborne carriage and storage of a broad range of products, such as crude oil, refined and semi-refined petroleum derivatives, liquefied petroleum gases, and various chemical substances. It further supports offshore petroleum exploration and production through its fleet of oil tankers, floating storage and offloading (FSO) units, and anchor handling tugs (AHTs). Beyond these operations, the company also provides specialized services in crew recruitment and comprehensive vessel management. Prima Marine is a subsidiary of Nathalin Co., Ltd.
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