Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Headquartered in Bangkok, Thailand, Thai Mui Corporation Public Company Limited, established in 1950 and formerly known as Thai Mui Trading Corporation Co., Ltd., specializes in the supply and distribution of a diverse array of wire rope products and lifting gear across the nation. The company's operations are segmented into Sales and Services, and Projects. Its comprehensive product portfolio encompasses various wire rope types, including single-strand, multi-strand, and rotation-resistant options, along with chains and a full range of wire rope end fittings such as clips, sockets, ferrules, and thimbles. Further offerings extend to shackles, steel loop master links, hooks, turnbuckles, connecting links, chain choppers, load binders, hoists, fiber ropes, and heavy lifting apparatus. For marine applications, they provide specialized items like chains, anchors, swivels, and towing and mooring equipment, as well as soft and webbing slings. Beyond product provision, Thai Mui delivers essential services, including wire rope tensile strength assessment and replacement, visual inspections of cranes and wire ropes, non-destructive testing (NDT), and various repair and training programs.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued o