Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Unique Engineering and Construction Public Company Limited, along with its affiliated companies, operates in Thailand, focusing on both construction contracting and property development. Their extensive construction portfolio features projects like steel and reinforced concrete bridges, underground road tunnels, and various types of roadways including concrete and asphalt surfaces. They also undertake public utility installations, general structural builds, building construction, and the creation of dams and retaining walls. Beyond these primary activities, the company offers a suite of related services and products, such as machinery rental, manufacturing of construction materials (including sand, ready-mix concrete, and precast concrete), steel fabrication, surveying, assembly, and equipment repair and maintenance. Furthermore, they are involved in providing infrastructure and systems services. Governmental bodies represent their main client base. The company was founded in 1994 and maintains its headquarters in Nonthaburi, Thailand.
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