Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Headquartered in Bangkok, Thailand, Sky Tower Public Company Limited commenced operations in 1967. This enterprise serves as a significant provider of fundamental infrastructure for both the electric power and telecommunications industries throughout Thailand. Its extensive manufacturing capabilities span high-voltage transmission towers, electrical substations, various steel structures, and telecom towers. Beyond production, the firm delivers galvanizing services and distributes essential power transmission equipment. Diversifying its business endeavors, Sky Tower additionally manages biomass facilities and participates in trading and investment activities. Furthermore, it is involved in the production and sale of agricultural goods and woodchips, as well as marketing other industrial products. The company was originally known as Ua Withya Public Company Limited, before officially rebranding to Sky Tower Public Company Limited in July 2021.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA.