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based on industry pe average of roughly 80-90
And projected revenue growth from gloves of roughly 20-30% in the next two years and a year on year growth of 10% after that, this share is significantly undervalued, my tp roughly 13-16 in about 3-12 months, this stock should be safe for a minimum of 2 years due to consistent demand of this gloves due to sop and covid-19 in other countries
this is not a buy advice,just my personal opinion on it after doing a discounted cash flow valuation and based on the global covid 19 outlook and s.o.p in malaysia