Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Established in 1981 and based in Bangkok, Thailand, Thai Plaspac Public Company Limited operates as a designer, producer, and supplier of robust plastic packaging solutions. Its market reach extends across Thailand, India, Malaysia, and the United Arab Emirates. The company's extensive product line features a variety of items, such as bottles, their corresponding sealing mechanisms, slim-profile cups, threaded caps, sophisticated dispensing units, bottles equipped with integrated plugs, aerosol caps, and other specialized containers. These diverse packaging offerings cater to key industries including food and beverages, pharmaceuticals, personal care, household goods, and various industrial sectors.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of TPAC.BK is 9.5 and suggests 14% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendatio