Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
Thaicom Public Company Limited, together with its subsidiaries, provides transponder services for domestic and international communications. The company operates through three segments: Satellite Business Services, Internet and Media Services, and Telephone Network. It also offers broadband content, internet data center content, internet data center, internet, satellite uplink-downlink, broadcasting television, telecommunications, telephone network, and mobile content services. In addition, the company sells user terminal iPSTAR, as well as direct television equipment. Further, it is involved in the provision of technical support services in relation to satellite business, as well as engineering and development services on communication technology and electronics, as well as system integration consultancy services for broadband networks. The company has operations in Thailand, Australia, India, Japan, Myanmar, Malaysia, Singapore, and internationally. Thaicom Public Company Limited was founded in 1991 and is based in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD.
Target Price
The average target price of THCOM.BK is 12 and suggests 8% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
