Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Headquartered in Bangkok, Thailand, Tata Steel (Thailand) Public Company Limited, along with its affiliated companies, specializes in the production and supply of a wide array of long steel goods throughout the Thai market. Its comprehensive product line features deformed and round bars; various wire rod types, including low carbon, high carbon, electrode, and seismic varieties; carbon steel round bars; smaller structural angles and channels; and stirrup items. The company also provides bespoke cut and bend services and is actively involved in exporting its products. Established in 2002, the firm operated as Millennium Steel Public Company Limited until it adopted its current name, Tata Steel (Thailand) Public Company Limited, in December 2006.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD