Risk factor
Limited trading liquidity
Profitability factor
Undervalued vs peers
About
Precious Shipping Public Company Limited operates as a global maritime transport enterprise, specializing in the ownership and management of dry bulk vessels. The company employs a tramp-shipping model to facilitate worldwide marine transportation and chartering activities. Its fleet is dedicated to conveying a diverse range of bulk commodities, including cement, various agricultural products, steel, fertilizers, ores and concentrates, coal, and logs. As of December 31, 2021, Precious Shipping maintained a fleet of 36 dry bulk carriers, comprised of 9 Supramax, 8 Ultramax, and 19 Handysize vessels, which notably included 4 specialized cement carriers. This impressive fleet collectively offered a carrying capacity of 1,585,805 deadweight tons. The company was established in 1989 and is headquartered in Bangkok, Thailand.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, reasonably priced on P
Target Price
The average target price of PSL.BK is 6.72 and suggests 24.9% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to