Risk factor
Very high price volatility
Profitability factor
Very weak growth
About
Rayong Wire Industries Public Company Limited manufactures and distributes steel wire products primarily in Thailand. The company offers pre-stressed concrete wires for use in the production of piles, electricity poles, finished floor slabs, and concrete railroad tiles; pre-stressed concrete strand wires that are used in construction works, including bridge beams, elevated roads, large-sized piles, and silos; and welding wires for various applications in metal welding industries, such as motorcar assembling and parts, shipbuilding docks, containers, water pump ducts, gas tanks, wheel ploughs, power transformers, and furniture. It also provides hard drawn wires, such as spring wire for use in mattress, auto parts, wire mesh, and spring industries; low carbon steel wires, which are used in piling industry, electricity posts, and drains; and wire mesh products used in the construction of roads, buildings, and finished walls. The company was founded in 1994 and is based in Bangkok, Thailand. Rayong Wire Industries Public Company Limited is a subsidiary of Capital Engineering Network Public Company Limited.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. Specifically, the stock is reasonably priced on P/FCF.
Buy
Sell