Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
TRC Construction Public Company Limited, a Thai firm, offers a comprehensive range of construction services. The company organizes its business into four distinct segments: Pipeline System Construction, Engineering System, Civil Work Construction, and Sales and Other Services. Its core competencies involve providing engineering design, procurement, construction, and project management solutions. TRC Construction also specializes in building pipeline systems, installing engineering systems, and constructing factories, particularly for the energy and petrochemical sectors. Beyond construction, the company is involved in project development and investment across various domains, including energy, real estate, power generation, and petrochemicals. Its civil engineering expertise extends to diverse infrastructure projects such as roads, bridges, railways, dams, water supply and distribution systems, wastewater treatment facilities, and airport infrastructure. Specialized services include the installation of underground electrical conduits using techniques like boring and pipe jacking. Additionally, the company produces and distributes potable water and provides data management and processing services. Established in 1998, TRC Construction Public Company Limited maintains its headquarters in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is reasonably priced on P/FCF.