Risk factor
Vulnerable to price shocks
Profitability factor
Solid dividends
About
Sri Trang Gloves (Thailand) Public Company Limited, together with its affiliated companies, operates as a global producer and supplier of rubber gloves. Its extensive operations cover markets in Thailand, Singapore, the United States, China, Germany, Brazil, Japan, and other international regions. The company's business model is structured around two main divisions: Gloves and Other Businesses. It offers a wide array of disposable gloves, including natural latex and nitrile examination gloves, which come in powdered and powder-free varieties and are sold under various brand names. These products cater to diverse sectors such as healthcare, medical, food processing and handling, industrial manufacturing, and general lifestyle applications. Beyond its core glove manufacturing, the company also participates in the engineering sector, manages rental properties, and engages in financial asset management and investment activities. Established in 1989, the firm's main office is located in Hat Yai, Thailand. Sri Trang Gloves (Thailand) Public Company Limited functions as a subsidiary of Sri Trang Agro-Industry Public Company Limited.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITDA
Target Price
The average target price of STGT.BK is 11.5 and suggests 24.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i