THCOM.BK
SinkerThaicom PCL · Communication Services · Thailand · $323M cap · $437K/day traded
THB 8.85 +0.0% · close 11 Nov · scored 11 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 11 Nov 2026, the MoatMap Score for Thaicom PCL (THCOM.BK) is 14/100, ranked against 25,000+ stocks in 38 markets (Quality 31, Value 36, Momentum 25, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT THAICOM PCL
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Thaicom Public Company Limited, together with its subsidiaries, provides transponder services for domestic and international communications in Thailand, Australia, India, Myanmar, and internationally.
FINANCIAL SUMMARY (THB)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.9B | 2.6B | 2.4B | 2.5B | -5.6% | 2.4B | 2.2B | 3.0B | 10.5% |
| EPS (THB) | 0.04 | 0.32 | -0.02 | 0.04 | 0.0% | 0.58 | — | — | — |
| Shares | 1.1B | 1.1B | 1.1B | 1.1B | 0.0% | 1.1B | — | — | — |
| Debt | 2.2B | 1.5B | 2.0B | 3.6B | 18.8% | 4.2B | — | — | — |
| Equity | 10.6B | 10.2B | 10.0B | 10.1B | -1.5% | — | — | — | — |
| Op CF | 2.0B | 1.0B | 1.1B | 853.3M | -24.8% | 603.3M | — | — | — |
| Inv CF | 1.1B | -366.0M | -1.7B | -1.5B | — | — | — | — | — |
| Fin CF | -1.1B | -1.4B | 95.6M | 1.5B | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Swung more than 57% of stocks we rank over the past year (volatility 46% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Communication Services, ranked by industry match, size, and score similarity. Cross-listings of THCOM.BK are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| THCOM.BK | Thaicom PCL(you) | $323M | 14 |
| GST.BK | Gulf Space Technology Public Company Limited | $313M | 15 |
| JAS.BK | Jasmine International Public Company Limited | $182M | 13 |
| JTS.BK | Jasmine Technology Solution Public Company Limited | $460M | 0 |
| ITEL.BK | Interlink Telecom Public Company Limited | $105M | 40 |
| FSMART.BK | Forth Smart Service Public Company Limited | $144M | 66 |
| SYMC.BK | Symphony Communication Public Company Limited | $86M | 64 |
| SAMTEL.BK | Samart Telcoms Public Company Limited | $58M | 59 |
| TRUE.BK | True Corporation Public Company Limited | $13.1B | 55 |
| MCOT.BK | MCOT Public Company Limited | $101M | 22 |
Peer medians: ROE 4.9% · P/E 19.0x · Gross margin 32.2%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.