Ratings True Corporation Thailand S.E.

Equities

End-of-day quote Thailand S.E. Other stock markets 06:00:00 2024-06-13 pm EDT			5-day change	1st Jan Change
8.65 ^THB	+2.98%		+2.37%	+71.29%

May. 03	True Corporation Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
May. 03	Transcript : True Corporation Public Company Limited, Q1 2024 Earnings Call, May 03, 2024

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For several months, analysts have been revising their EPS estimates roughly upwards.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Low profitability weakens the company.
One of the major weak points of the company is its financial situation.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 166.38 times its estimated earnings per share for the ongoing year.
With an enterprise value anticipated at 3.47 times the sales for the current fiscal year, the company turns out to be overvalued.
The company appears highly valued given the size of its balance sheet.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

	1st Jan change	Capi.	ESG Refinitiv
TRUE CORPORATION	+71.29%	8.15B	-
T-MOBILE US	+9.77%	207B	C
AT&T INC.	+5.13%	126B	C
SOFTBANK GROUP CORP.	+60.50%	94.1B	B
KDDI CORPORATION	-5.88%	55.87B	C+
CHINA UNICOM HONG KONG LIMITED	+30.82%	25.11B	B-
ADVANCED INFO SERVICE	-2.76%	17.11B	B+
TELENOR ASA	+5.40%	15.92B	B+
TAIWAN MOBILE CO., LTD.	+9.03%	10.04B	A
VODACOM GROUP LIMITED	-11.51%	9.86B	B

Investor Rating

Trading Rating

ESG Refinitiv

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality