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TKC.BK$10.90+10.66%
Fair $10.90+0.0%

TKC.BK

Turnkey Communication Services Public Company Limited

Industrials / Engineering & ConstructionThailand

$10.90

+1.05 (+10.66%)

Fairly Valued+0.0%Fair Value $10.90Fund rank 25/100 · Data gapFallback financials|
SA 46/C
F-Score: 1/9
Declining RevenueLow Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 19%

FCF escenarios

weak_data · normalized FCF $-215.3M · quality 49.3/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

46/100

C

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Revenue has declined for 2 consecutive years ROE is 4.1%, below the 5% threshold
Thesis & Journal · TKC.BKLocal privado en este navegador · Turnkey Communication Services Public Company Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$4.4B

P/E

24.8x

↑

EV/EBITDA

24.0x

↑

ROE

4.1%

↓

Gross Margin

10.7%

↓

Debt/Equity

0.38

↑
52-Week Range$11
$7$11

TradingView lightweight chart

TKC.BK price, volumen y niveles de valoración

Último $10.90Periodo -63.7%
Fair value: $10.90

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-2.0%

FCF CAGR

—

FCF margin

-9.3%

FCF / Net income

-1.25x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.32B · net income $171.8M · FCF $-215.3M

2022-FY → 2025-FY

Gross margin

10.7%-8.8% pts

Operating margin

1.7%-11.2% pts

Net margin

7.4%-2.5% pts

FCF margin

-9.3%+1.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.32B$2.32B$2.43B$3.86B$2.46B
Net Income$171.8M$171.8M$212.8M$236.9M$243.2M
EBITDA$247.9M$247.9M$289.0M$329.6M$319.8M
EPS0.430.430.530.760.82
Gross Margin10.7%10.7%15.9%12.9%19.5%
Operating Margin1.7%1.7%7.9%7.9%13.0%
Net Margin7.4%7.4%8.8%6.1%9.9%
Balance Sheet
Debt/Equity0.380.380.190.130.00
Current Ratio1.761.76———
Cash Flow
Free Cash Flow$-215.3M$-215.3M$-58.7M$-1.15B$-254.7M
Returns
ROE4.1%4.1%5.2%6.1%13.1%
Valuation
P/E24.7724.7722.6420.6623.90
EV/EBITDA23.9623.9619.2116.4417.84
P/B1.051.051.181.253.14
Growth & Yield
Revenue Growth-4.5%-4.5%-37.1%56.9%—
EPS Growth-18.9%-18.9%-30.3%-7.3%—
Dividend Yield2.0%2.0%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

31.0%

muy exigente

EPS terminal req.

$0.97

Spread vs growth

-49.9%

5Y implied EPS CAGR

22.2%

exigente

EPS terminal req.

$1.17

Spread vs growth

-41.0%

10Y implied EPS CAGR

15.9%

exigente

EPS terminal req.

$1.88

Spread vs growth

-34.8%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +31.0%

Total return

+31.0%

Start / end P/E

15.9x → 25.3x

EPS bridge

0.53 → 0.43

Residual

-11.1%

EPS growth-18.9%
Multiple rerating+59.0%
Dividend+2.0%
Residual / FX / buybacks / cross-term-11.1%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.