Company Valuation: Turnkey Communication Services

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025
Market Cap 1 5,580 5,960 4,440 3,600
Change - 6.81% -25.5% -18.92%
Enterprise Value (EV) 1 4,815 6,338 4,862 5,031
Change - 31.64% -23.29% 3.48%
P/E 22.7x 18.5x 20.9x 21x
PBR 3.02x 1.52x 1.09x 0.87x
PEG -1.7x -9.62x -0.6x -1.1x
Capitalization / Revenue 2.27x 1.54x 1.83x 1.56x
EV / Revenue 1.96x 1.64x 2x 2.17x
EV / EBITDA 14.5x 20x 23.7x 93.3x
EV / EBIT 15.1x 20.8x 25.4x 126x
EV / FCF -17.1x -7.57x -96.5x -15.7x
FCF Yield -5.86% -13.2% -1.04% -6.39%
Dividend per Share 2 0.6 0.15 0.2 0.2
Rate of return 3.23% 1.01% 1.8% 2.22%
EPS 2 0.82 0.8042 0.532 0.4294
Distribution rate 73.2% 18.7% 37.6% 46.6%
Net sales 1 2,459 3,858 2,425 2,315
EBITDA 1 331 317.2 205.5 53.92
EBIT 1 319.1 304.5 191.5 39.91
Net income 1 243.2 251.3 212.8 171.8
Net Debt 1 -765.4 378 422.1 1,431
Reference price 2 18.600 14.900 11.100 9.000
Nbr of stocks (in thousands) 300,000 400,000 400,000 400,000
Announcement Date 2/22/23 2/27/24 2/24/25 2/25/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 101M
21.86x3.6x12.56x3.04% 210B
22.46x4.73x11.6x0.74% 193B
-602.19x42.83x175.97x-.--% 124B
-134.17x18.64x102.49x-.--% 120B
14.77x1.61x8.44x3.25% 119B
13.47x2.43x9.22x6.1% 78.1B
19.46x5.19x12.74x2.88% 58.18B
-17.53x7.42x12.62x-.--% 49.43B
22.77x1.89x11.94x1.37% 44.75B
Average -71.01x 9.81x 39.73x 1.93% 99.65B
Weighted average by Cap. -78.25x 10.40x 42.84x 1.88%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


  1. Stock Market
  2. Stocks
  3. TKC Stock
  4. Valuation Turnkey Communication Services