Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Sahamitr Pressure Container Public Company Limited (SMPC), established in Bangkok, Thailand, in 1981, is a manufacturer and global supplier of a diverse range of pressure cylinders. Operating under the SMPC brand, the company distributes its products internationally, reaching markets across Asia, Africa, the United States, and beyond through significant export activities. Their extensive product portfolio includes various types of liquefied petroleum gas (LPG) cylinders, specifically designed for general use, automotive applications, and forklifts, alongside specialized containers for substances like methyl bromide, refrigerants, chlorine, sulfur dioxide, ammonia, and lubricants. Additionally, SMPC produces air receivers for automotive components and essential cylinder parts such as collars, footrings, spuds/bungs, and caps. Beyond manufacturing, the company provides comprehensive support services including container repair, rigorous quality assurance testing, and reconditioning services for damaged cylinders, which encompass repainting and valve replacements.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, undervalued