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Advanced Info Service Public Company (ADVANC) Fair Value & Analysis

Communication Services · TH · Market cap 1.1T THB

AI Advanced Info Service Public Company ADVANC · BK
Price375.00 THB
Fair Value286.77 THB
Upside-23.5%
Quality75/100
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Healthy Growth
Highly profitable · 22.3% net margin
Moderate debt · generates free cash flow
4.08% dividend yield
Mixed vs. peers (8/15)
Wide moat 84/100
Evidence: High Range 201.05 THB – 383.29 THB Share as image

Fair value as of: Jul 17, 2026

From 25 valuation models · updated 21 days ago

Share price −0.3% over the past month.

A strong business, but screening 24% overvalued on our models.

What matters now

  • A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • A fairly wide model range (201.05 THB to 383.29 THB) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

395.59 THB 134.37 THB Fair Value 286.77 THB Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 134.37 THB – 395.59 THB · fair‑value band 201.05 THB – 383.29 THB · the 375.00 THB price screens above the 286.77 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Advanced Info Service Public Company (ADVANC) currently trades at 375.00 THB, while our model-based Fair Value estimate is 286.77 THB, implying the stock looks roughly 23.5% overvalued today. We read business quality at 75/100 (high quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Advanced Info Service Public Company generated revenue of 228B THB at a net margin of 22.3%. Revenue grew 3.4% year over year. It earns a return on equity of 48.1%. Net debt stands at 167B THB. Fundamentals as of Jul 17, 2026

Our scenario range runs from 201.05 THB (bear case) to 383.29 THB (bull case); at 375.00 THB, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 7% below its 52-week high and 47% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 39% fair-value upside, at -24%, ADVANC screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 341.97 THB 507.89 THB 750.24 THB 80
Residual Income 97.22 THB 115.89 THB 512.06 THB 76
Rev-Margin DCF 184.95 THB 268.40 THB 361.89 THB 74
All 25 models by family
DCF Models
FCF DCF 331.69 THB 511.73 THB 787.78 THB 38
Owner Earnings 297.08 THB 459.28 THB 708.00 THB 31
5Y Revenue Exit 184.95 THB 263.41 THB 357.81 THB 39
5Y EBITDA Exit 332.68 THB 530.71 THB 754.42 THB 41
5Y P/E Exit 242.09 THB 366.79 THB 491.90 THB 38
10Y Revenue Exit 230.05 THB 312.36 THB 411.78 THB 36
10Y EBITDA Exit 329.21 THB 498.90 THB 712.17 THB 37
10Y P/E Exit 270.90 THB 384.51 THB 513.34 THB 35
Earnings-Based
Graham-Dodd 109.48 THB 284.63 THB 371.10 THB 54
PEG = 1.0 53.98 THB 77.12 THB 100.26 THB 46
EPV 164.15 THB 196.23 THB 224.76 THB 59
Dividend Discount
Gordon GGM 121.48 THB 254.02 THB 446.24 THB 70
DDM Multi-Stage 121.48 THB 190.14 THB 267.42 THB 61
Multiples
P/E Multiple 241.51 THB 322.01 THB 402.51 THB 63
P/S Multiple 142.64 THB 190.19 THB 237.74 THB 58
P/B Multiple 81.08 THB 108.10 THB 135.13 THB 55
EV/EBIT 271.60 THB 368.04 THB 464.47 THB 53
EV/EBITDA 380.57 THB 513.32 THB 646.08 THB 54
EV/Revenue 115.43 THB 172.49 THB 229.55 THB 43
Asset-Based
NCAV (Graham) 18.02 THB 24.14 THB 36.03 THB 50
Growth DCF
Growth DCF 341.97 THB 507.89 THB 750.24 THB 80
Rev-Margin DCF 184.95 THB 268.40 THB 361.89 THB 74
Economic Profit
Residual Income 97.22 THB 115.89 THB 512.06 THB 76
ROIC Compounder 172.61 THB 217.11 THB 264.83 THB 72
Growth Earnings
Growth-Adj P/E 189.09 THB 270.14 THB 351.18 THB 68

Widest divergence: DCF Models (384.51 THB) versus Asset-Based (24.14 THB). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 228B THB
Revenue growth (YoY) +3.4%
Net margin 22.3%
Return on equity 48.1%
Free cash flow 90.6B THB FY2025
P/E ratio 22.1
More key figures
Operating margin 31.3%
EPS (TTM) 17.06 THB
Dividend yield 4.1%
EPS growth (YoY) +27.5%
Net debt 167B THB FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 75/100

Of which business quality 69 · Market factors (momentum, volatility) 74

Profitability 66
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 93
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 57
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 59
Price trend over the last 3–12 months (market factor)
52W Momentum 76
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Advanced Info Service Public Company Limited operates as a telecommunications company primarily in Thailand. The company operates through three segments: Mobile Phone Services, Mobile Phone and Equipment Sales, and Datanet and Broadband Services.

Full company description

Advanced Info Service Public Company Limited operates as a telecommunications company primarily in Thailand. The company operates through three segments: Mobile Phone Services, Mobile Phone and Equipment Sales, and Datanet and Broadband Services. The company offers post and prepaid services; and on top and roaming services; digital marketing services; and cloud and it solutions; cloud & data center, business network solutions, 5g and IoT, communication solutions, and data analytic and marketing solutions; digital eservices; and Mpay, digital payment management system. It is also involved in operating as a service provider of call center, international telephone, cellular telephone network, telecommunication service operator and internet, broadcasting network and television broadcasting service several channel, digital platform, insurance broker, training, internet data center services, internet and distribute internet equipment, online advertising and being the outsourced contact center, mobile content, online advertising business, as well as operation in space, land and building services, and related facilities. In addition, the company engages in developing IT systems service provider of content aggregator and outsourcing service for billing and collection; software development, distribution and general software service; developing application and digital marketing; distributing handsets; and providing software supporting high speed internet service, Voice communication, broadband Internet data, and international telephone service. The company was founded in 1986 and is based in Bangkok, Thailand.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Advanced Info Service Public Company reported revenue of 226B THB in FY2025 versus 181B THB in FY2021, a compound +5.7%/yr. Reported net income was 47.9B THB in FY2025, compounding +15.5%/yr from FY2021.

Growth Quality 80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
226B THB
Latest YoY
+5.9%
Avg. growth/yr (3Y)
+6.8%
Avg. growth/yr (5Y)
+5.5%
Avg. growth/yr (25Y)
+7.5%
Revenue +5.7%/yr
FY21 181B THB
FY22 185B THB
FY23 189B THB
FY24 214B THB
FY25 226B THB
Net income +15.5%/yr
FY21 26.9B THB
FY22 26.0B THB
FY23 29.1B THB
FY24 35.1B THB
FY25 47.9B THB

ADVANC screens 24% overvalued. Compare with China Mobile Limited →

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Cite: Fair Value Calculator (2026). "Advanced Info Service Public Company Fair Value". https://www.fairvalue-calculator.com/stock/ADVANC

Peer Group

Telecom Services · 252 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 75 · Top 25%
Fair Value upside −24% · Below median
Return on equity (TTM) 48% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 22% · Top 25%
Operating margin (TTM) 31% · Top 25%
Revenue growth 3% · Above median
Dividend yield (TTM) 4.1% · Above median
Debt / equity 0.73× · Higher than median

Valuation Multiples vs Telecom Services median · lower = cheaper

P/E (TTM) 22.1× · Pricier than median
P/B 10.46× · Pricier than 75% of peers
P/S (TTM) 4.92× · Pricier than 75% of peers
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 11.2× · Pricier than 75% of peers
PEG 1.44× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 2 · sector 29
FUTURE 17 · sector 15
PAST 100 · sector 28
HEALTH 64 · sector 89
DIVIDEND 82 · sector 73

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥89.98 ¥109.88 +22%
T-Mobile US, Inc TMUS $187.61 $172.67 -8%
Bharti Airtel Limited BHARTIARTL ₹1,922 ₹941.55 -51%
China Telecom Corporation 601728 ¥6.01 ¥8.36 +39%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 507.27 MXN +95%
Chunghwa Telecom Co 2412 133.50 TWD 100.00 TWD -25%
China Unicom (Hong Kong) Limited 0762 HK$6.50 HK$13.03 +100%
Telefónica, S.A TEFN 75.67 MXN 111.01 MXN +47%
TLKM TLKM 2,530 IDR 3,898 IDR +54%

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Frequently asked questions

Is Advanced Info Service Public Company (ADVANC) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 286.77 THB versus a price of 375.00 THB, about −24% (overvalued).
What is the fair value of ADVANC?
Our model-based fair value for Advanced Info Service Public Company is 286.77 THB (as of Jul 17, 2026), built from audited fundamentals. The current price is 375.00 THB.
What is the quality score of ADVANC?
Advanced Info Service Public Company has a Quality Score of 75/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Advanced Info Service Public Company (ADVANC)?
Advanced Info Service Public Company reported trailing-twelve-month revenue of about 228B THB (latest available figure, as of Jul 17, 2026).
What is the net profit margin of ADVANC?
The net profit margin of Advanced Info Service Public Company is about 22.3%, meaning it keeps roughly 22.3% of revenue as net income. Based on the latest reported figures.
Does Advanced Info Service Public Company pay a dividend?
Advanced Info Service Public Company currently shows a dividend yield of about 4.27% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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