Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
World Flex Public Company Limited manufactures and sells natural rubber thread products for the textile industry. It offers rubber threads coated with talcum and polymer. The company's products are used in various applications, which include sock tops, panty hose tops, orthopedic knit sockings, hosiery, light ribbons, alimentary and medical nettings, loom fabrics and warps, woofs, raschel fabrics, braids, laces, cords, and belts for furniture. It operates in Thailand, the People's Republic of China, Bangladesh, Indonesia, Russia, Brazil, and internationally. The company was founded in 1991 and is headquartered in Bangkok, Thailand. World Flex Public Company Limited is a subsidiary of Thai Rubber Latex Group Public Company Limited.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA, underpriced on P/FC.
