True Corporation (SET:TRUE-R) - Stock Price, News & Analysis

TRUE-R Stock Overview

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

TRUE-R fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 64.8% below our estimate of its fair value

Earnings are forecast to grow 104.16% per year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for TRUE-R from our risk checks.

True Corporation Public Company Limited Competitors

Jasmine Technology Solution

SET:JTS

฿46.6b

Jasmine International

SET:JAS

฿19.6b

Samart Telcoms

SET:SAMTEL

฿4.1b

Advanced Info Service

SET:ADVANC

฿859.5b

Price History & Performance

Summary of all time highs, changes and price drops for True Corporation
Historical stock prices
Current Share Price	฿11.50
52 Week High	฿12.40
52 Week Low	฿5.00
Beta	0.058
11 Month Change	-2.54%
3 Month Change	11.65%
1 Year Change	94.92%
33 Year Change	146.78%
5 Year Change	159.01%
Change since IPO	-20.86%

Recent updates

Shareholder Returns

	TRUE-R	TH Telecom	TH Market
7D	-3.4%	-2.8%	0.3%
1Y	94.9%	72.2%	3.2%

Return vs Industry: TRUE-R exceeded the TH Telecom industry which returned 72.2% over the past year.

Return vs Market: TRUE-R exceeded the TH Market which returned 3.2% over the past year.

Price Volatility

Is TRUE-R's price volatile compared to industry and market?
TRUE-R volatility
TRUE-R Average Weekly Movement	3.8%
Telecom Industry Average Movement	6.5%
Market Average Movement	4.6%
10% most volatile stocks in TH Market	10.1%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: TRUE-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: TRUE-R's weekly volatility (4%) has been stable over the past year.

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?
TRUE-R fundamental statistics
Market cap	฿397.35b
Earnings (TTM)	-฿17.65b
Revenue (TTM)	฿239.44b

1.7x

P/S Ratio

-22.5x

P/E Ratio

Is TRUE-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRUE-R 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 TRUE-R perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

n/a

Payout Ratio