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Added to YB: 2025-04-03

Pitch date: 2025-04-01

NEO.BK [neutral]

Neo Corporate Public Company Limited

-39.97%

current return

Author Info

Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Sign up for the newsletter.

Company Info

Neo Corporate Public Company Limited, together with its subsidiary, engages in the manufacturing and distribution of consumer products in Thailand, Cambodia, Laos, Myanmar, and Vietnam.

Market Cap

THB 8.5B

Pitch Price

THB 27.99

Price Target

N/A

Dividend

4.78%

EV/EBITDA

5.16

P/E

7.85

EV/Sales

0.88

Sector

Personal Care Products

Category

growth

Show full summary:
Travel notes: Pattaya - Neo Corporate

NEO.BK (overview): Thai Unilever-like co. 3 segments, 20% ROE. Double-digit domestic growth, 400+ new SKUs/yr. Expanding to Vietnam. IPO in 2024 for expansion funds. Stock down on profitability concerns & PE sell-off. 8x P/E, 5% yield. Capex may impact short-term earnings. Watch for growth payoff.

Read full article (1 min)