Risk factor
Very poor trading liquidity
Profitability factor
Very weak growth
About
World Flex Public Company Limited is a key producer and supplier of natural rubber threads, primarily serving the textile sector. Their product offerings include rubber threads that are treated with both talcum and polymer coatings. These versatile threads are extensively utilized in a diverse range of applications, such as elastic components for sock and pantyhose tops, orthopedic knitwear, general hosiery, and delicate ribbons. They also find use in specialized nettings for alimentary and medical purposes, as well as various woven textiles like loom fabrics, warps, woofs, raschel fabrics, braids, laces, cords, and furniture belts. The company maintains a significant global footprint, with operations in countries such as Thailand, China, Bangladesh, Indonesia, Russia, and Brazil, alongside its broader international market reach. Established in 1991, the company's corporate headquarters are situated in Bangkok, Thailand. World Flex Public Company Limited operates as a subsidiary of Thai Rubber Latex Group Public Company Limited.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is neutral on EV/EBITDA, underpriced on P/FC.