Risk factor
Very high price volatility
Profitability factor
Very poor margins and returns
About
Founded in 1995 and headquartered in Bangkok, Thailand, VGI Public Company Limited (formerly VGI Global Media Public Company Limited until August 2019) provides comprehensive offline and online solutions to clients. Its operations are divided into four primary segments: Transit, Digital Service, Distribution, and Other. VGI's extensive service portfolio includes advertising placements across various platforms, such as within and on BTS Skytrain stations, trains, and columns, as well as in office buildings and other commercial areas. The company also manages the leasing of retail spaces at BTS stations. Beyond advertising, VGI diversifies its interests through securities investments and delivers robust digital financial services. These include electronic payment systems for mass transit and retail transactions, e-money services through various devices, and bill payment solutions. VGI further extends its offerings with digital lending services under the Rabbit Cash brand. Additionally, the company acts as a non-life insurance broker, an online car insurance broker, and a marketing representative, alongside conducting direct sales of products via telesales. Lastly, VGI is involved in the sale and distribution of technology products.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.