Risk factor
Meaningful price volatility
Profitability factor
Very low or no dividends
About
Thaicom Public Company Limited, with its subsidiaries, provides vital transponder services for both national and international communication. The enterprise structures its activities into three primary divisions: Satellite Business Services, Internet and Media Services, and Telephone Network. Its extensive service portfolio encompasses broadband content, internet data center (IDC) solutions including content delivery and general internet access, satellite uplink/downlink, broadcasting television, a variety of telecommunications and mobile content services, and telephone network management. The company also distributes the iPSTAR user terminal and direct television reception equipment. Furthermore, Thaicom offers technical assistance for its satellite endeavors, conducts engineering and development in communication technology and electronics, and provides expert consultancy for broadband network system integration. Operating globally, its footprint extends through Thailand, Australia, India, Japan, Myanmar, Malaysia, Singapore, and other international territories. Established in 1991, Thaicom is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/EBITD.
Target Price
The average target price of THCOM.BK is 13.4 and suggests 35.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to