Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Successmore Being Public Company Limited functions as a network marketing enterprise, with its operations extending across Thailand and into international markets. The company's business model is structured around Multi-Level Marketing, direct sales through distributors, and the provision of various services. It actively engages in the full product development cycle, from research and conceptualization to manufacturing and distribution. Their diverse product portfolio encompasses dietary supplements, cosmetics, personal care items, household essentials, agricultural aids, and technology-related goods. Additionally, Successmore organizes educational seminars and offers personnel placement services. Its products are sold under distinctive brand names such as Nutrinal, S Mone', Body Cheer, Neatly Home, Growing More, Smart Creation, and Multi Potential. Founded in 2012, the company maintains its primary corporate headquarters in Bangkok, Thailand.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is undervalued on EV/EBITDA, und