How does TAF0's PS Ratio compare to its peers?

TAF0 is expensive based on its Price-To-Sales Ratio (1.7x) compared to the peer average (0.8x).

How does TAF0's PS Ratio compare vs other companies in the European Telecom Industry?

TAF0 is expensive based on its Price-To-Sales Ratio (1.7x) compared to the European Telecom industry average (1.1x).

What is TAF0's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TAF0 is expensive based on its Price-To-Sales Ratio (1.7x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).

What is the Fair Price of TAF0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TAF0 (€0.29) is trading below our estimate of [[fair value]] (€0.87)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

True Corporation (DB:TAF0) - Stock Price, News & Analysis

TAF0 Stock Overview

Provides telecommunications and value-added services in Thailand. More details

TAF0 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	2/6
Dividends	1/6

Rewards

Trading at 66.1% below our estimate of its fair value

Earnings are forecast to grow 104.16% per year

Risk Analysis

Volatile share price over the past 3 months compared to the German market

True Corporation Public Company Limited Competitors

Telefónica Deutschland Holding

XTRA:O2D

€7.2b

Telefónica Deutschland Holding

HMSE:O2D

€6.2b

United Internet

XTRA:UTDI

€2.7b

Deutsche Telekom

XTRA:DTE

€144.3b

Price History & Performance

Summary of all time highs, changes and price drops for True Corporation
Historical stock prices
Current Share Price	฿0.29
52 Week High	฿0.31
52 Week Low	฿0.12
Beta	0.058
11 Month Change	-0.68%
3 Month Change	20.49%
1 Year Change	101.37%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	36.11%

Recent updates

Shareholder Returns

	TAF0	DE Telecom	DE Market
7D	2.1%	2.0%	-0.02%
1Y	101.4%	28.3%	8.2%

Return vs Industry: TAF0 exceeded the German Telecom industry which returned 28.3% over the past year.

Return vs Market: TAF0 exceeded the German Market which returned 8.2% over the past year.

Price Volatility

Is TAF0's price volatile compared to industry and market?
TAF0 volatility
TAF0 Average Weekly Movement	7.3%
Telecom Industry Average Movement	2.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: TAF0's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: TAF0's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1990	11,783	Manat Manavutiveth	www3.truecorp.co.th/new

True Corporation Public Company Limited, together with its subsidiaries, provides telecommunications and value-added services in Thailand. It offers mobile, broadband Internet, Wi-Fi, television, and digital platforms and solutions. The company is also involved in entertainment, mobile equipment lessor, program production, non-government telecommunication, artist management and related, Internet services provider and distributor, and marketing management activities.

True Corporation Public Company Limited Fundamentals Summary

How do True Corporation's earnings and revenue compare to its market cap?
TAF0 fundamental statistics
Market cap	€11.07b
Earnings (TTM)	-€491.64m
Revenue (TTM)	€6.67b

1.7x

P/S Ratio

-22.5x

P/E Ratio

Is TAF0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TAF0 income statement (TTM)
Revenue	฿239.44b
Cost of Revenue	฿170.48b
Gross Profit	฿68.96b
Other Expenses	฿86.61b
Earnings	-฿17.65b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.51
Gross Margin	28.80%
Net Profit Margin	-7.37%
Debt/Equity Ratio	407.1%

How did TAF0 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

n/a

Payout Ratio