Ratings True Corporation

Equities

TRUE

THB231010000

End-of-day quote Thailand S.E. Other stock markets 06:00:00 2024-05-09 pm EDT			5-day change	1st Jan Change
8.6 ^THB	0.00%		+5.52%	+70.30%

May. 03	True Corporation Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Feb. 23	True Corporation Public Company Limited Provides Earnings Guidance for the Full Year 2024	CI

Summary

On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.
The company presents an interesting fundamental situation from a short-term investment perspective.
The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

The earnings growth currently anticipated by analysts for the coming years is particularly strong.
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 past twelve months, EPS forecast has been revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
Over the past four months, analysts' average price target has been revised upwards significantly.
Over the past twelve months, analysts' opinions have been strongly revised upwards.

Weaknesses

The company sustains low margins.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 183.25 times its estimated earnings per share for the ongoing year.
The company's enterprise value to sales, at 3.37 times its current sales, is high.
The company appears highly valued given the size of its balance sheet.
The company is not the most generous with respect to shareholders' compensation.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Wireless Telecommunications Services

	1st Jan change	Capi.	ESG Refinitiv
TRUE CORPORATION	+70.30%	8.08B	A-
T-MOBILE US	+2.41%	193B	C
AT&T INC.	+2.32%	123B	C
SOFTBANK GROUP CORP.	+28.38%	74.07B	B
KDDI CORPORATION	-0.69%	57.57B	C+
CHINA UNICOM HONG KONG LIMITED	+27.76%	24.4B	B-
VODAFONE GROUP PLC	+1.23%	23.52B	B-
ADVANCED INFO SERVICE	-5.07%	16.66B	B+
TELENOR ASA	+8.32%	16.12B	B+
VODACOM GROUP LIMITED	-12.79%	9.88B	B

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders