OTCPK:TACY.Y

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Total Access Communication

Executive Summary

Total Access Communication Public Company Limited, together with its subsidiaries, primarily provides wireless telecommunications services in Thailand. More Details


Snowflake Analysis

Good value average dividend payer.

Share Price & News

How has Total Access Communication's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TACY.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

TACY.Y

-1.0%

US Wireless Telecom

0.08%

US Market


1 Year Return

-40.7%

TACY.Y

27.9%

US Wireless Telecom

12.8%

US Market

Return vs Industry: TACY.Y underperformed the US Wireless Telecom industry which returned 27.9% over the past year.

Return vs Market: TACY.Y underperformed the US Market which returned 12.8% over the past year.


Shareholder returns

TACY.YIndustryMarket
7 Day0%-1.0%0.08%
30 Day-5.5%-3.9%-1.8%
90 Day-16.6%3.3%7.2%
1 Year-38.0%-40.7%28.4%27.9%15.3%12.8%
3 Yearn/a49.3%45.9%39.2%29.9%
5 Year-34.3%-41.8%110.9%101.2%88.3%67.1%

Price Volatility Vs. Market

How volatile is Total Access Communication's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Total Access Communication undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TACY.Y ($5.63) is trading below our estimate of fair value ($11.92)

Significantly Below Fair Value: TACY.Y is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TACY.Y is good value based on its PE Ratio (13.1x) compared to the US Wireless Telecom industry average (24.6x).

PE vs Market: TACY.Y is good value based on its PE Ratio (13.1x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: TACY.Y's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: TACY.Y is overvalued based on its PB Ratio (3.1x) compared to the US Wireless Telecom industry average (2.5x).


Next Steps

Future Growth

How is Total Access Communication forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

-8.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TACY.Y's earnings are forecast to decline over the next 3 years (-8.9% per year).

Earnings vs Market: TACY.Y's earnings are forecast to decline over the next 3 years (-8.9% per year).

High Growth Earnings: TACY.Y's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TACY.Y's revenue (2.5% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: TACY.Y's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TACY.Y's Return on Equity is forecast to be low in 3 years time (18.4%).


Next Steps

Past Performance

How has Total Access Communication performed over the past 5 years?

-24.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TACY.Y has high quality earnings.

Growing Profit Margin: TACY.Y became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TACY.Y's earnings have declined by 24.3% per year over the past 5 years.

Accelerating Growth: TACY.Y has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TACY.Y has become profitable in the last year, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (14.3%).


Return on Equity

High ROE: Whilst TACY.Y's Return on Equity (24.08%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Total Access Communication's financial position?


Financial Position Analysis

Short Term Liabilities: TACY.Y's short term assets (฿21.7B) do not cover its short term liabilities (฿56.2B).

Long Term Liabilities: TACY.Y's short term assets (฿21.7B) do not cover its long term liabilities (฿82.0B).


Debt to Equity History and Analysis

Debt Level: TACY.Y's debt to equity ratio (199.4%) is considered high.

Reducing Debt: TACY.Y's debt to equity ratio has increased from 126.8% to 199.4% over the past 5 years.

Debt Coverage: TACY.Y's debt is well covered by operating cash flow (57.7%).

Interest Coverage: TACY.Y's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Total Access Communication current dividend yield, its reliability and sustainability?

7.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TACY.Y's dividend (7.57%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: TACY.Y's dividend (7.57%) is in the top 25% of dividend payers in the US market (4.7%)


Stability and Growth of Payments

Stable Dividend: TACY.Y's dividend payments have been volatile in the past 10 years.

Growing Dividend: TACY.Y's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (98.8%), TACY.Y's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: TACY.Y's dividends in 3 years are forecast to be covered by earnings (72.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Sharad Mehrotra

0.58

Tenure

Mr. Sharad Mehrotra has been Chief Executive Officer of Total Access Communication Public Company Limited since February 1, 2020. He serves as Chief Executive Officer at Unitech Wireless Limited since 2015 ...


Leadership Team

NamePositionTenureCompensationOwnership
Haakon Kjoel
Chief Strategy & Transformation Officer0.75yrno datano data
Sharad Mehrotra
Chief Executive Officer0.58yrno datano data
Dilip Pal
Chief Financial Officer3yrsno datano data
Peeraya Rodkorn
Chief Accountant and Head of Financial Accounting & Reporting Departmentno datano datano data
Prathet Tankuranun
Chief Technology Officer5.17yrsno data0.00082%
฿ 20.5k
Sirawit Klabdee
Head of Investor Relations & Senior VP1.17yrsno datano data
Tipayarat Kaewsringam
Chief Sales Officer1.58yrsno datano data
How Ren
Chief Marketing Officer1.42yrsno datano data
Nardrerdee Arj-Harnwongse
Chief People Officer5.08yrsno datano data
Thitima Srichuntrapun
Head of Internal Audit Departmentno datano datano data
Rajiv Bawa
Chief Business Officer3yrsno datano data
Narupon Rattanasamaharn
Head of Regulatory Division and Senior Vice Presidentno datano datano data

1.6yrs

Average Tenure

Experienced Management: TACY.Y's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Boonchai Bencharongkul
Chairman of the Board29.92yrs฿3.84m0%
฿ 0
Petter-Børre Furberg
Director3.17yrsno datano data
Stephen Fordham
Independent Director13.83yrs฿2.53m0.00068%
฿ 17.0k
Kamonwan Wipulakorn
Independent Director5.75yrs฿2.53mno data
Sverre Pedersen
Director2.75yrsno datano data
Chananyarak Phetcharat
Independent Director9yrs฿2.14mno data
Tone Ripel
Director4.5yrsno datano data
Rakesh Jain
Director0.75yrno datano data
Christian Soendergaard
Vice Chairman of the Board0.42yrno datano data
Pratana Mongkolkul
Independent Director0.58yrno datano data
Joergen Christian Rostrup
Director0.42yrno datano data

3.2yrs

Average Tenure

56yo

Average Age

Experienced Board: TACY.Y's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Total Access Communication Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Total Access Communication Public Company Limited
  • Ticker: TACY.Y
  • Exchange: OTCPK
  • Founded: 1989
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: ฿77.546b
  • Listing Market Cap: ฿2.494b
  • Shares outstanding: 2.37b
  • Website: https://www.dtac.co.th

Number of Employees


Location

  • Total Access Communication Public Company Limited
  • 319 Chamchuri Square Building
  • 41st Floor
  • Bangkok
  • 10330
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DTAC-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB2 (ALIEN MKT)THTHBOct 1995
TA3GBST (Boerse-Stuttgart)THB2 (ALIEN MKT)DEEUROct 1995
DTACSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBSep 2003
DTAC-RSET (The Stock Exchange of Thailand)THB2 (NVDR)THTHBJun 2007
TACY.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDNov 2008

Biography

Total Access Communication Public Company Limited, together with its subsidiaries, primarily provides wireless telecommunications services in Thailand. The company operates in two segments, Mobile Telephon ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 07:14
End of Day Share Price2020/09/08 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.