Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Saha-Union Public Company Limited operates as a diversified conglomerate, holding investments across numerous industries including textiles, plastics, rubber, metals, trading, energy, real estate, and hospitality. Its comprehensive business activities are organized into distinct divisions: Textile; Plastic, Rubber and Metal; Trading; Energy; Hotel; and Investment and Others. The textile segment is engaged in the contract manufacturing and global distribution of textile goods and apparel, from fundamental sewing accessories like zippers, threads, and buttons, to cotton, polyester cotton, and synthetic fibers utilized in industrial applications, workwear, fashion apparel, and specialized clean room garments. Industrial manufacturing extends to the production and supply of rubber and elastic items, plastic products, vacuum flasks, and stainless steel kitchenware, complemented by mold fabrication and repair services. In its trading capacity, the company serves as a distributor and dealer for crucial data center infrastructure components, operating systems, virtual environments, application software, and security solutions. Energy operations involve cogeneration power plants that generate electricity and steam. Within the hospitality sector, Saha-Union manages the 296-room, five-star Hilton Hua Hin Resort and Spa. Additionally, the company oversees rubber plantations, offers dormitory rentals, invests in the healthcare and chemical sectors, and develops and distributes computer software. Established in Bangkok, Thailand, in 1972, Saha-Union maintains a significant international presence, operating in Thailand, other Asian countries, Europe, the United States, and globally.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, rea