Far East Group Limited, together with its subsidiaries, distributes refrigeration and air-conditioning systems and products for the heating, ventilation, air-conditioning, and refrigeration industry in Singapore, Malaysia, Indonesia, Hong Kong, Macau, People’s Republic of China, Vietnam, Thailand, Myanmar, Cambodia, the Philippines, Mauritius, Sri Lanka, Turkey, Australia, and internationally. It operates through three segments: Wholesale and Distribution; Manufacturing; and Engineering Solutions. The company engages in the sale of own manufactured products, multinational agency products, and other distribution models under the Bitzer, Danfoss, Schneider-Eliwell, Aeroflex, Mitsubishi Electric, and Emerson brands for the refrigeration and air-conditioning markets. It also provides system design and installation of various sustainable engineering solutions and applications for various industries. In addition, the company manufactures and sells heat-exchangers, compressor racks, and condensing units under Eden and Elite brand names; repair and maintenance for air-conditioning compressors; servicing of cold rooms; and offers construction and installation of commercial and industrial cold rooms, as well as various other incidental business of refrigeration. Further, it offers system protection, valves, controllers, and service equipment tools and accessories. It serves distributors, dealers, and refrigeration and air-conditioning contractors. Far East Group Limited was founded in 1953 and is headquartered in Singapore. Far East Group Limited operates as a subsidiary of Universal Pte. Ltd.
Metrics to compare | FAEA | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipFAEAPeersSector | |
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P/E Ratio | 3.8x | 7.4x | 12.7x | |
PEG Ratio | 0.02 | −0.10 | 0.03 | |
Price/Book | 0.3x | 0.7x | 1.4x | |
Price / LTM Sales | 0.1x | 0.5x | 1.2x | |
Upside (Analyst Target) | - | −7.7% | 16.2% | |
Fair Value Upside | Unlock | 7.3% | 6.0% | Unlock |