Well Chip Group Berhad, an investment holding company, engages in the provision of pawnbroking services, and retail and trading of jewelry and gold in Malaysia. It offers pawn loans in exchange for pledges, such as gold, jewelry, and watches. The company is involved in the retail sale of new and used jewelry and gold, as well as sale of scrap gold acquired from unredeemed and bid pledges, and pre-owned jewelry and gold from walk-in individuals. It provides its services through a retail outlets; website; e-commerce platforms, such as Shopee, Lazada, and Facebook live; and scrap gold traders. The company was formerly known as Well Chip Group Sdn. Bhd. and changed its name to Well Chip Group Berhad in November 2023. The company was founded in 2006 and is headquartered in Johor Bahru, Malaysia. Well Chip Group Berhad is a subsidiary of Vyn Holdings Sdn. Bhd.
Metrics to compare | WELC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipWELCPeersSector | |
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P/E Ratio | 13.6x | 8.9x | 8.9x | |
PEG Ratio | −0.14 | 0.84 | 0.03 | |
Price/Book | 1.6x | 1.2x | 1.0x | |
Price / LTM Sales | 3.1x | 1.7x | 2.7x | |
Upside (Analyst Target) | 55.3% | 16.9% | 12.0% | |
Fair Value Upside | Unlock | 20.4% | 3.3% | Unlock |