PCSGH: Auto-Parts Maker in Sweet Spot to Exploit Electric-Vehicle Trend
We initiate coverage on PCSGH with a BUY rating and a 2018E target price of Bt9.70 at 19.0xPE’18E, which is its five-year trading average.The...
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P.C.S. Machine Group Holding (PCSGH TB)
P.C.S. Machine Group Holding (PCSGH TB)
14
Analysis
Consumer Discretionary • Thailand
P.C.S. Machine Group Holding Public Company Limited manufactures and distributes automotive parts for original equipment manufacturers (OEMs) in the automotive industry, serving passenger cars, pickup trucks, trucks, and agricultural machinery. The company offers a range of products including forged steel parts, aluminum forging parts, molds, engine parts, transmission systems, brake systems, suspension systems, and metal parts for electronic products. It also provides design and development, tool and equipment manufacturing, and validation and testing services. The company was incorporated in 2013 and is headquartered in Nakhon Ratchasima, Thailand.
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