Risk factor
Very vulnerable to price shocks
Profitability factor
Decent dividends
About
The Siam Cement Public Company Limited (SCC) operates as a diversified industrial conglomerate, engaged in cement and building materials, chemicals, and packaging sectors. Its geographical footprint spans Thailand, Vietnam, Indonesia, China, and various other international markets. The Cement-Building Materials division is responsible for manufacturing and distributing an extensive range of construction products, including grey, white, and ready-mixed cement, dry mortar, roof tiles, ceiling and wall boards, wood substitutes, concrete paving blocks, ceramic tiles, and sanitary wares. This segment also manages the omni-channel distribution of building and decorative products for homes, alongside providing comprehensive logistics, delivery, and international trade services. The Chemicals segment specializes in producing and selling olefins, polyolefins, vinyl, and other chemical compounds. Through its Packaging business, SCC offers fiber-based, paper, and polymer packaging solutions, foodservice products, and pulp and paper items like printing and writing paper. Lastly, the "Other" segment involves strategic investments in agricultural machinery, automotive components, steel, clean energy, various technologies, and automation system integration, among other services. Founded in 1913, The Siam Cement Public Company Limited is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E