True Corporation PCL
SET:TRUE
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (27.5), the stock would be worth ฿15.74 (10% upside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 25 | ฿14.3 |
0%
|
| 3-Year Average | 27.5 | ฿15.74 |
+10%
|
| 5-Year Average | 27.5 | ฿15.74 |
+10%
|
| Industry Average | 20.3 | ฿11.62 |
-19%
|
| Country Average | 11.7 | ฿6.68 |
-53%
|
Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
|
฿833.8B
|
/ |
Jan 2026
฿33.1B
|
= |
|
|
฿833.8B
|
/ |
Dec 2026
฿45.1B
|
= |
|
|
฿833.8B
|
/ |
Dec 2027
฿49.6B
|
= |
|
|
฿833.8B
|
/ |
Dec 2028
฿54.6B
|
= |
|
Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| TH |
|
True Corporation PCL
SET:TRUE
|
494.1B THB | 25 | 53.8 | |
| US |
|
Verizon Communications Inc
NYSE:VZ
|
191.5B USD | 9.6 | 11.1 | |
| US |
|
AT&T Inc
NYSE:T
|
180.2B USD | 11.5 | 8.2 | |
| DE |
|
Deutsche Telekom AG
XETRA:DTE
|
140.8B EUR | 9.6 | 14.5 | |
| JP |
|
Nippon Telegraph and Telephone Corp
TSE:9432
|
12.6T JPY | 10.3 | 11.7 | |
| CN |
|
China Telecom Corp Ltd
SSE:601728
|
530.7B CNY | 11.6 | 16 | |
| SG |
|
Singapore Telecommunications Ltd
SGX:Z74
|
80.4B SGD | 60.2 | 13 | |
| FR |
|
Orange SA
PAR:ORA
|
47B EUR | 17.2 | 86.6 | |
| SA |
|
Saudi Telecom Company SJSC
SAU:7010
|
189.1B SAR | 12.9 | 12.8 | |
| AU |
T
|
Telstra Group Ltd
F:5KB
|
37.9B EUR | 21 | 27.9 | |
| CH |
|
Swisscom AG
SIX:SCMN
|
34.2B CHF | 24.3 | 27.2 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 8.7 |
| Median | 11.7 |
| 70th Percentile | 15.7 |
| Max | 2 524.8 |
Other Multiples
True Corporation PCL
Glance View
True Corporation PCL, a prominent player in Thailand's telecommunications and digital landscape, stands as a testament to strategic diversification and innovation in a rapidly evolving industry. Born from a merger of major telecom players, True has built a formidable presence in multiple facets of connectivity and media. The company operates a comprehensive suite of businesses that encompass mobile, broadband, and digital television services. At the heart of its operations lies a vast mobile network, serving millions of subscribers with both pre-paid and post-paid plans that cater to diverse customer needs. This mobile network acts as a critical revenue stream, propelling the company forward in an intensely competitive market. Beyond mobile telecommunications, True Corporation has effectively capitalized on Thailand's growing demand for high-speed internet by expanding its broadband services. Leveraging cutting-edge technology, True’s broadband offerings ensure seamless connectivity for both urban and rural areas, thereby broadening their market reach. Additionally, the company's ventures into digital television and content distribution bolster its revenue through advertising and subscription models. By intertwining these services, True not only maximizes revenue through synergistic approaches but also enhances customer loyalty by offering bundled packages that seamlessly integrate communication, entertainment, and information. This strategy of interconnected services positions True Corporation as a vital contributor to Thailand's digital economy, perpetuating its growth in an ever-changing technological landscape.