Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Singer Thailand Public Company Limited distributes household electrical and commercial appliances in Thailand. The company operates through three segments: Trade sales, Hire purchase and loans, and Service and Others. It offers household electrical appliances, such as sewing machines, sewing needles, general lubricating oils in drip bottles, and scissors; refrigerators, washing machines, gas stoves, and air conditioners; and audio and video products, including flat screen LED TVs, smart TVs, and home theatre systems. The company also provides commercial appliances comprising freezers, beverage coolers, wine coolers cabinets, bakery freezers, and slush ice machines; airtime, petrol, and drinking water vending machines; and agricultural equipment, such as water pumps, portable fertilizer spraying machines, and rice milling machines. In addition, the company engages in the life and non-life insurance brokerage business; hire purchase of home appliances, sewing machines, commercial products, mobile phones, and vehicles, as well as loan receivables with vehicle collateral and others; and repair and maintenance service of electrical appliances. Further, it provides debt collection services to a related company; and personal loans. The company sells its products under the Singer brand name through a network of branch outlets and sales representatives, as well as through debt collectors in Thailand. Singer Thailand Public Company Limited was founded in 1889 and is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'cheap' on EV/EBITD
Target Price
The average target price of SINGER.BK is 6.7 and suggests 30% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in
