Risk factor
Very poor trading liquidity
Profitability factor
Very strong margins and returns
About
Established in 1978 and based in Chonburi, Thailand, Thai Steel Cable Public Company Limited is a key producer and supplier of control cables for both automotive and motorcycle industries, alongside automobile window regulators. Their extensive product line for cars features crucial components such as accelerator, door lock, fuel lid opener, hood release, key interlock, parking brake, seat belt, transmission, manual parking release, trunk opener, and engine start cables. For motorcycles, they provide brake, clutch, seat lock, speed meter, tachometer, and throttle cables. The company primarily caters to original equipment manufacturers in the automotive and motorcycle sectors, as well as specialized spare parts centers, and also engages in international product exports.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value