Uchi’s vaccine storage play

Penang-based Uchi Technologies Bhd has a PE of just 19 times.

AMID the rally in technology stocks that has pushed valuations through the roof, one particular company has remained a relatively cheaper proxy to the sector despite its attractive dividend yield and strong profit margin.

In comparison to the industry’s “big boys” such as Vitrox Corp Bhd, Pentamaster Corp Bhd and Greatech Technology Bhd that have price-to-earnings (PE) ratios in the range of 60-80 times, Penang-based Uchi Technologies Bhd has a PE of just 19 times.