Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Trinity Watthana Public Company Limited, including its subsidiaries, runs an extensive securities operation across Thailand. The company's activities are organized into two main divisions: the Securities and Derivatives Business, and Financial Advisory and Investment Banking. Its services cover a broad spectrum, from brokerage, trading, and the lending and borrowing of securities, to underwriting and acting as a derivatives agent. Moreover, the firm offers expert investment advice, manages private funds, provides wealth management solutions, handles investment banking, digital asset services, fixed income products, and various financial advisory services. Trinity Watthana also allocates capital to both publicly listed and private companies. Founded in 2001, its headquarters are located in Bangkok, Thailand, and it operated with six branches as of December 31, 2021.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA, underpriced on P/