Why Invest in Nahee Aluminum Composite
Panel PLC (NAHEEACP)?
Discover the compelling reasons to consider Nahee Aluminum Composite Panel PLC for your investment portfolio. Explore its market position, financial
health, and future growth potential in Bangladesh's thriving construction sector.
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Company Overview:
Nahee Aluminum
Composite Panel PLC
Nahee Aluminum Composite Panel PLC, founded in 2010 and based in Dhaka,
Bangladesh, is a prominent manufacturer of aluminum composite panels and ceilings.
Operating under the well-known ALUCOTIGER brand, the company has established a
strong presence in the local market.
Established Strength
Founded in 2010, Nahee Aluminum Composite Panel PLC has over a decade of
experience in the industry.
Key Manufacturer
Specializing in aluminum composite panels and ceilings under the ALUCOTIGER
brand.
Market Presence
A team of 110 dedicated employees and listed on the Dhaka Stock Exchange.
Recent Renaming
Officially renamed to Nahee Aluminum Composite Panel PLC in December 2024.
Product Portfolio and Market Position
NAHEEACP boasts a comprehensive product portfolio, catering to diverse architectural and construction needs. Their extensive range includes panels
with varying thicknesses and specialized coatings, crucial for modern infrastructure development.
Diverse Product Range Dominant Market Presence
3MM and 4MM panel thicknesses The company primarily serves the dynamic commercial and construction
PE (Polyester) and PVDF (Polyvinylidene Fluoride) coatings industries across Bangladesh. Their commitment to quality has earned
them recognition in significant local infrastructure projects, positioning
Fire-resistant panels
them as a trusted supplier in the region.
Specialized finishes: brushed and mirror
Recent Financial Performance
Understanding NAHEEACP's recent financial performance is key to assessing its investment viability. The company has demonstrated consistent
revenue and profitability, albeit with specific metrics that warrant closer examination.
370.4& 46.32& 0.25 2.3%
FY Revenue (BDT) Net Income (BDT) EPS (BDT) Dividend Yield
Strong top-line performance. Healthy profitability. Trailing Twelve Months. Attractive payout history.
3.37M
Revenue/Employee
(BDT)
Efficient operational output.
These figures highlight the company's ability to generate revenue and maintain profitability, alongside a commitment to shareholder returns through
dividends.
Share Price and Technical Analysis
NAHEEACP's share price has experienced significant movements, presenting a complex picture for investors. The recent decline could signal a potential
value opportunity for those betting on a market turnaround.
Current Price Range
Approximately 17.10318.40 BDT (June 2025).
Significant Decline
54% decrease over the last 12 months.
All-Time High
Reached 89.90 BDT in September 2022.
All-Time Low
Hit 17.40 BDT in May 2025.
High Volatility
4.12% volatility and a beta of 1.20 indicate above-market movement.
This dramatic correction could suggest that the stock is currently undervalued, offering a potential entry point for investors seeking a turnaround play,
provided underlying fundamentals stabilize.
Valuation Ratios and Peer Comparison
A detailed look at NAHEEACP's valuation ratios against its sector and peers provides crucial insights into its current market standing and potential for
growth.
75
50
25
0
P/E Ratio Price/Book Price/Sales
NAHEEACP Sector Average Peer Average
While the P/E ratio appears stretched, the Price/Book ratio suggests that the company might be undervalued relative to its assets, aligning with peer
averages. The negative PEG ratio indicates either earnings contraction or high costs relative to growth, requiring careful monitoring.
Dividend and Corporate
Actions
NAHEEACP's commitment to returning value to shareholders is evident through its
consistent dividend policy. This stability can be an attractive factor for income-focused
investors.
Consistent Dividend Payouts
NAHEEACP has a historical track record of steady dividend payouts, providing
regular income to its shareholders. The current dividend yield stands at an
attractive 2.3%.
No Recent Bonus or Split
No recent bonus shares, stock splits, or rights issue activities have been reported,
indicating a stable capital structure without dilution for existing shareholders.
Formal Dividend Policy
The company adheres to a publicly published formal dividend policy, ensuring
transparency and predictability for investors regarding future payouts.
Management and Governance
Strong leadership and robust corporate governance are foundational to any company's success. NAHEEACP benefits from experienced leadership and a
transparent governance structure.
Experienced Leadership Transparent Governance
The company has been led by CEO Monira Noman since its inception, NAHEEACP maintains transparency by publicly disclosing its
providing consistent strategic direction and operational oversight. Her management profiles and corporate governance practices in annual
long-standing tenure ensures a deep understanding of the industry and reports. The board members bring extensive experience in
company operations. manufacturing and demonstrate strong adherence to sectoral regulatory
compliance, reinforcing investor confidence.
Growth Prospects and Industry Tailwinds
NAHEEACP is well-positioned to capitalize on the sustained growth in Bangladesh's construction and real estate sectors. This positive industry outlook
provides significant tailwinds for the company's future expansion.
Thriving Construction Sector Local Market Dominance
Bangladesh's construction and real estate industries are NAHEEACP is well-established as a local leader in specialized
experiencing robust and sustained growth, driving demand for aluminum panels, giving it a competitive edge in a growing
building materials. market.
Innovation and Product Development Export Potential
Ongoing investment in new coatings and product lines ensures As domestic capacity increases, NAHEEACP has the potential to
the company can meet evolving modern building codes and expand into international markets, opening new revenue streams.
aesthetic demands.
Investment Summary and Risks
Investing in NAHEEACP presents a unique blend of high-reward opportunity and inherent risks. A careful evaluation of its current valuation and market
dynamics is essential for informed decision-making.
High-Reward Opportunity
1
The dramatic share price correction offers significant upside potential if the company's fundamentals stabilize and improve.
Valuation Considerations
2 While the P/E ratio (68x) appears stretched, the Price/Book ratio (0.9x) signals potential undervaluation
against its assets.
Volatility and Earnings
3 High volatility and negative earnings growth require a cautious entry strategy and
continuous monitoring of financial performance.
Long-Term Growth Drivers
The sustained growth of Bangladesh's construction sector and
4
NAHEEACP's local market dominance are crucial long-term factors for
upside potential.
