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Thaicom Public Company Limited

Thaicom Public Company Limited

THCOM.BK
Thaicom Public Company LimitedTH flagStock Exchange of Thailand
11.00
THB
-0.40
- -
12.06BMarket Cap
Thaicom Public Company Limited
THCOM.BK
(Stock Exchange of Thailand)

Recent

price

11.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.11
6.08
6.63
8.71
11.01
11.36
7.88
6.1
5.5
4.25
3.24
3.01
2.68
2.4
2.2
2.26
2.02
Revenue per Share
-0.74
-0.45
0.16
1.03
1.46
1.94
1.47
-2.42
0.21
-2.05
0.47
0.13
0.04
0.32
-0.02
0.04
-0.42
Basic EPS, GAAP
1.03
0.59
1.38
0.81
-1.4
3.17
3.31
2.42
1.63
1.31
1.54
1.05
1.77
-0.42
-1.11
-1.31
-0.5
Free Cash Flow per Basic Share
- -
- -
- -
0.4
0.69
0.78
0.78
0.84
1.36
- -
0.2
0.2
0.3
0.5
0.13
- -
- -
Dividend per Share
9.23
8.46
8.43
9.03
9.99
11.13
11.95
8.83
7.68
5.8
6.03
5.97
5.76
5.56
5.38
5.4
5.33
Book Value per Share
12.26
12.09
12.15
-0.21
2.8
5.52
8.22
9.91
8.95
8.58
9.67
10.1
9.58
8.56
7.71
8.54
8.44
Tangible Book Value per Share
1,096
1,089
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,096
1,090
Basic Weighted Avg Shares
6,700
6,624
7,266
9,542
12,065
12,454
8,642
6,689
6,026
4,663
3,557
3,303
2,940
2,627
2,413
2,475
2,200
Sales/Revenue/Turnover
-9.31
10.75
18.36
17.42
21.12
23.94
18.07
-4.27
4.65
0.55
1.64
2.33
16.97
9.48
-0.87
5.26
-6.01
Operating Margin (%)
2,570
2,577
2,518
2,060
2,562
2,777
2,923
3,058
1,974
1,812
1,272
1,120
621
650
601
679
640
Depreciation Expense
-806
-490
174
1,128
1,601
2,122
1,612
-2,650
230
-2,250
514
144
42
354
-23
40
-461
Net Income, GAAP
- -
107.5
33.68
22.33
24.75
16.59
15.33
- -
- -
- -
18.19
38.07
78.75
28.1
119.82
71.24
32.96
Effective Tax Rate (%)
-12.03
-7.4
2.39
11.82
13.27
17.04
18.65
-39.61
3.81
-48.25
14.45
4.35
1.44
13.46
-0.95
1.62
-20.96
Profit Margin (%)
-375
-2,102
1,956
-689
3,086
3,625
5,515
6,559
5,633
6,934
5,971
6,627
5,608
4,110
2,692
1,880
2,801
Working Capital
7,544
5,651
7,046
4,031
9,590
10,030
9,266
7,025
4,349
3,799
1,204
2,065
1,483
909
898
1,293
836
LT Debt
14,543
14,176
14,239
16,289
17,285
18,111
18,921
15,280
13,137
10,995
11,247
11,129
10,554
10,231
10,019
10,087
9,963
Total Equity
- -
-0.22
3.81
5.56
7.2
8.48
4.46
- -
- -
- -
0.36
0.38
0.83
1.52
0.04
0.3
- -
Return on Invested Capital (%)
- -
-2.68
2.5
7.49
9.53
9.38
7.18
- -
- -
- -
7.1
2.73
0.77
5.55
-0.53
0.69
-0.12
Return on Capital (%)
-7.66
-5.07
1.88
11.79
15.36
18.34
12.75
-23.27
2.54
-30.46
7.93
2.18
0.66
5.7
-0.38
0.68
-7.62
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,130
1,390
1,406
LT Borrowings
- -
- -
- -
LT Finance Leases
898
864
836
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,096
1,096
1,096
Market Capitalization
13,753
10,865
8,067

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
4,711
4,913
4,969
Cash, Cash Equivalents & STI
3,365
3,599
3,599
Accounts Receivable, Net
558
949
1,026
Inventories
30
81
70
Total Current Liabilities
2,019
2,147
2,168
Payables & Accruals
617
480
525
ST Debt
1,130
1,390
1,406
Deferred Revenue
93
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.35%
-2.14%
0.67%
Free Cash Flow
3.62%
18.61%
18.41%
Net Income, GAAP
-138.7%
42.62%
-275.57%
Sales/Revenue/Turnover
-14.38%
-6.87%
2.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
609
638
614
552
2,413
2025
500
535
940
- -
2,475
2026
453
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.06
-0.51
- -
-0.02
2025
0.11
-0.19
- -
- -
0.04
2026
0.54
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.14
- -
- -
0.13
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Thaicom Public Company Limited operates as a leading Asian satellite operator and provider of integrated satellite communications services. Founded in 1991 and headquartered in Chatuchak, Bangkok, Thailand, the company delivers transponder services for domestic and international communications; satellite broadband solutions including scalable bandwidth and connectivity via high-throughput satellites such as IPSTAR (Thaicom 4); broadcasting and media services encompassing IPTV, digital terrestrial TV distribution, video on demand for OTT platforms, and Ku-band direct-to-home capabilities; internet data center services; satellite uplink-downlink operations; technical support for satellite business, telecommunications, and broadcasting; system integration consultancy for broadband networks; sales of user terminals, direct television equipment, and satellite equipment; and space technology services including earth observation platforms. Thaicom serves broadcasters, telecom operators, mobile network carriers, enterprises, and governments, with geostationary satellites providing coverage across Asia-Pacific, Africa, and Oceania, including Thailand, Australia, India, Myanmar, and surrounding regions. Recent developments include the Q2 2025 recording of revenue growth in its space technology business from projects such as agricultural technology for the Agricultural Research Development Agency and drone initiatives for the Geo-Informatics and Space Technology Development Agency; the July 2025 launch with OCSB of a satellite and AI-driven platform to detect sugarcane field burning and PM2.5 pollution sources; the signing by subsidiary Space Tech Innovation Limited with SpaceX for the THAICOM-10 satellite launch; an agreement by subsidiary IPSTAR (India) Private Limited with Hughes Communications India for satellite capacity over India; the December 2024 securing of authorization for IPSTAR India to provide services in India; the November 2024 relocation of THAICOM-9A to the 50.5 degrees East orbital slot for Thailand; and an export credit agency-backed financing agreement of USD 184 million for the THAICOM-10 satellite.