Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Established in 1981 and headquartered in Bangkok, Thailand, Union Petrochemical Public Company Limited primarily imports and distributes chemical products across the country. The company's operations are structured into three principal segments: Commodity Chemicals, Specialty Chemicals, and an 'Other' category. Its business scope further extends to the distribution of plastic pellets, lubricants, and computer equipment, as well as offering computer system services and selling refinery and power plant equipment. Additionally, Union Petrochemical trades in pharmaceutical and medical goods, fragrances, skincare cosmetics, and supplements. The firm also manufactures and markets products derived from coconut food processing and provides short-term credit facilities for the car selling sector.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITDA