Ratings True Corporation BOERSE MUENCHEN

Equities

End-of-day quote BOERSE MUENCHEN Other stock markets 04:30:00 24/03/2023 am IST			5-day change	1st Jan Change
0.1831 ^EUR	+2.52%		-.--%	-.--%

03/05	True Corporation Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
03/05	Transcript : True Corporation Public Company Limited, Q1 2024 Earnings Call, May 03, 2024

The company presents an interesting fundamental situation from a short-term investment perspective.

The earnings growth currently anticipated by analysts for the coming years is particularly strong.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
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.

Low profitability weakens the company.
One of the major weak points of the company is its financial situation.
With an expected P/E ratio at 160.74 and 40.69 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
With an enterprise value anticipated at 3.51 times the sales for the current fiscal year, the company turns out to be overvalued.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

	1st Jan change	Capi.	ESG Refinitiv
TRUE CORPORATION	-.--%	7.99B	-
T-MOBILE US	+10.23%	208B	C
SOFTBANK GROUP CORP.	+57.14%	90.86B	B
KDDI CORPORATION	-7.02%	54.44B	C+
CHINA UNICOM HONG KONG LIMITED	+35.71%	26.07B	B-
VODAFONE GROUP PLC	+4.46%	24.21B	B-
ADVANCED INFO SERVICE	-4.15%	16.83B	B+
TELENOR ASA	+5.57%	16.1B	B+
VODACOM GROUP LIMITED	-9.94%	10.29B	B
TAIWAN MOBILE CO., LTD.	+7.51%	9.9B	A

Investor Rating

Trading Rating

ESG Refinitiv

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality