Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Varopakorn Public Company Limited is a producer and supplier of partially processed aluminum goods, serving markets across Thailand, the broader Asian continent, Oceania, North America, and Europe. The company offers a diverse product portfolio, including specialized finstocks – both automotive and pre-coated – which are crucial for creating components like radiator fins, intercoolers, condensers, and evaporator units within the vehicle manufacturing sector. It also provides bare finstocks, utilized in the production of ventilation screens for air conditioning systems, alongside cap stocks designed for crafting tamper-evident closures on containers for energy drinks, electrolyte beverages, liquid medications, and spirits. Furthermore, Varopakorn supplies aluminum foils, which serve as foundational materials in construction, as well as aluminum sheets and coils. These sheets and coils find application in a wide array of manufactured goods, such as satellite dishes, road signs, plate eyelets, and the rolled bonds integral to the fabrication of refrigerator freezers. Established in 1979, the company maintains its principal office in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on E