Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Plus Tech Innovation Public Company Limited, established in 1978 and headquartered in Samut Prakan, Thailand, is a global manufacturer and vendor of secure documents and a provider of advanced technological solutions. The company produces a diverse range of security documents, including corporate communications like annual reports and share certificates, commercial cash coupons, postal stamps, and various essential business forms such as cheques, continuous forms, and payroll slips. Furthermore, it specializes in the creation of numerous types of cards, encompassing debit, credit, membership, gift, ID, transportation, contact, contactless, dual-interface, biometric, plastic, and display cards. Beyond physical products, Plus Tech Innovation delivers comprehensive information, document, and security management systems, alongside a smart office platform. Its offerings extend to smart label products, featuring track and trace solutions for supply chain management and product authentication systems, as well as innovations in smart factory applications, the Internet of Things (IoT), and augmented reality. The company also furnishes extensive document solutions management services, covering printing consultation, design, manufacturing, quality assurance, secure database storage, product delivery, and the certified destruction of sensitive documents, in addition to providing services related to stationery and office equipment. Formerly known as TBSP Public Company Limited, Plus Tech Innovation became a subsidiary of Sabuy Technology Public Company Limited on September 20, 2021.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks.