Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Jasmine Technology Solution Public Company Limited (JTS.BK), established in 1995 and based in Nonthaburi, Thailand, operates as a comprehensive technology provider. The company's primary activities in Thailand involve the engineering and installation of telecommunication systems, in addition to offering a range of telecom and ancillary services. Its expertise extends to providing advanced IT solutions, encompassing computer systems integration and diverse cloud computing offerings. JTS.BK also specializes in deploying sophisticated smart closed-circuit camera and hyper-converged infrastructure systems, alongside delivering crucial maintenance for computer hardware and associated peripheral equipment. Furthermore, the company actively develops and distributes its own software. Among its specialized product and service lines are server and client computing systems, robust firewall and data security solutions, intelligent building management platforms, and both Infrastructure-as-a-Service (IaaS) and Software-as-a-Service (SaaS) cloud environments. The company also furnishes essential backup solutions designed to counter ransomware threats and builds extensive data, fiber optic, and local area network (LAN) infrastructures. Jasmine Technology Solution serves a wide array of clients, including governmental bodies, state-owned enterprises, private companies (both those converted from state enterprises and various small, medium, and large private businesses). The firm was formerly known as Jasmine Telecom Systems Public Company Limited, officially adopting its current name in October 2021.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.