Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
SPVI Public Company Limited functions as a key distributor of both Apple and a diverse range of other branded products across Thailand. The company's extensive inventory features Apple's primary offerings, including Mac computers, iPods, iPads, and iPhones. Beyond Apple, it also supplies smartphones from prominent manufacturers such as Samsung, Vivo, Oppo, Huawei, Xiaomi, and Realme. Its hardware distribution extends to laptops, printers, printing consumables, digital imaging equipment, and graphic art products. Furthermore, SPVI provides various software solutions, encompassing Adobe programs, the EFI Colorproof XF application, and human capital management systems. Complementing its product lines, the company offers accessories like speakers, headphones, protective cases, screen films, networking hardware, and both specialized video storage and portable hard drives. Customers also benefit from comprehensive after-sales and repair services. Established in 1989, SPVI is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD