Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
TPCS Public Company Limited, operating alongside its subsidiaries, is a manufacturer and global supplier of non-woven fabric products, with operations spanning Thailand and international markets. Their extensive portfolio addresses a wide array of applications across various industries. For instance, in the automotive sector, they supply items such as rigid tapes, handle adjustment mechanisms, pocket nets, sunshades, seat back components, air cabin filters, trunk liners, and headliners. Industrial applications feature their textiles in aircraft interiors, marine (boat and sail) construction, and air conditioning units. The company is a key provider of healthcare products, including medical and welcare masks, as well as N95 respirators. Hygiene offerings include various supportive pads for the back, wrists, and ankles. In the household goods segment, TPCS fabrics are found in bedding, pillows, duvet covers, mattresses, and baby appliances. Moreover, they produce medical-grade items like device wraps, bouffant caps, and disposable PPE gowns, which are essential for hospitals, operating rooms, industrial plants, and agricultural settings. Their product line also extends to materials for garments, accessories, and sportswear. Founded in 1976 and headquartered in Bangkok, Thailand, the company was formerly known as Textile Prestige Public Company Limited before rebranding to TPCS Public Company Limited in April 2021.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, 'cheap'