Risk factor
Vulnerable to price shocks
Profitability factor
Solid dividends
About
Sri Trang Agro-Industry Public Company Limited (STA) is a leading global manufacturer and distributor of natural rubber products, with a significant international presence spanning Thailand, China, the United States, Singapore, Japan, and other markets. The company's operations are organized into three primary business divisions. Its Natural Rubber Products segment focuses on the production, sale, and trading of essential raw materials like ribbed smoked sheets, concentrated latex, and various block rubbers. The Gloves segment is dedicated to manufacturing and distributing both powdered and powder-free latex examination gloves. The diverse Other Businesses segment encompasses a range of activities, including plantation management for resources such as rubber, palm, trees, and temperate fruits. This segment also produces and sells industrial components like escalator handrails, rubber injection-molded goods, and high-pressure hydraulic hoses, in addition to offering engineering services, which include research and development for machinery and production processes, information system services, and logistics support, as well as trading processed rubber wood. Established in 1987, Sri Trang Agro-Industry maintains its headquarters in Hat Yai, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r