Communication & System Solution Public Company Limited (CSS) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Communication & System Solution Public Company Limited stock THB 0.66, price THB 0.92, that is 28.3% below the price, quality 52 out of 100. Rating: overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range 0.6360 THB – 1.91 THB · fair‑value band 0.6200 THB – 0.8200 THB · the 0.9200 THB price screens above the 0.6600 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Communication & System Solution Public Company Limited, together with its subsidiaries, distributes and installs passive fire protection materials and equipment in Thailand. The company operates in two segments, Distribution Electrical Equipment and Installation Service.
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It engages in the distribution and installation of electric cables, tubes, and related products; and electrical systems equipment, including general cables for buildings and factories, internal and external lighting, transformers, and conduits, as well as related equipment for telecommunication and fire protection systems.
The company also offers design, installation, and maintenance services, including electric vehicle charger station, solar cell system, and other installation services.
In addition, it provides information technology services, such as network solutions, transmission, network security, and application software and hardware for military, police, and enterprise sectors; fire barrier systems; and ring main units.
The company was founded in 1994 and is headquartered in Nonthaburi, Thailand.
Stock analysis
Communication & System Solution Public Company Limited (CSS) currently trades at 0.9200 THB, while our model-based Fair Value estimate is 0.6600 THB, 28% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 0.8200 THB per share, and 3 of the 15 models we run sit above the 0.9200 THB price.
Bear case: the Growth Earnings group reads lowest at 0.5000 THB, and 12 of the 15 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.6200 THB (bear) to 0.8200 THB (bull), the price of 0.9200 THB sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 52/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Communication & System Solution Public Company Limited reported revenue of 3.9B THB in FY2025 versus 3.9B THB in FY2021, a compound +0.2%/yr. Reported net income was 36.6M THB in FY2025, compounding −37.9%/yr from FY2021.
Key figures
Market cap 1.1B THB (≈ $32.3M) Micro · P/E ratio 11.5 · P/S ratio 0.25 · EPS (TTM) 0.0800 THB · Dividend yield 5.4% · Net margin 2.2% · Return on equity 4.8% · Return on assets (EBIT) 3.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 26 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 30% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 0% fair-value upside, at −28%, CSS screens richer than that median.
Fair Value models
Bear0.6200 THBFair Value 0.6600 THBBull0.8200 THB
Price 0.9200 THB · Downside -28.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.0257 THB per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.24/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−5.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−5.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.2%
Start year 2020 (pandemic). Over 10 years: −1.6% a year
Revenue growth 16 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.3%
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What shareholders gained per year (last 5 years), in THB ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in THB: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−11.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−16.9%
Dividend (yield on the price)5.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−16.9% vs −17.4%, steady
Profit margin 2019 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 0%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 2.6%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Communication & System Solution Public Company Limited with another stock
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Peer Groupⓘ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.Electronics & Computer Distribution · 150 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score52 · Below median
Fair Value upside−28.3% · Below median
Profitability
Return on equity (12 months)4.8% · Below median
Return on assets1.2% · Below median
Net margin (12 months)2.2% · Below median
Operating margin (12 months)1.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)37.3% · Top 25%
Dividend yield (12 months)5.4% · Top 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Electronics & Computer Distribution median · lower = cheaper
P/E (12 months)11.5× · Cheaper than median
P/B0.64× · Cheapest 25%
P/S (12 months)0.25× · Cheaper than median
EV/EBITDA4.0× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 36
FUTURE (revenue growth)100· sector 76
PAST (return on equity)19· sector 41
HEALTH (low debt)100· sector 98
DIVIDEND (yield)100· sector 64
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Communication & System Solution Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/CSS
Frequently asked questions
Is Communication & System Solution Public Company Limited (CSS) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 0.6600 THB versus a price of 0.9200 THB, about 28% lower (overvalued).
What is the fair value of CSS?
Our model-based fair value for Communication & System Solution Public Company Limited is 0.6600 THB (as of Nov 3, 2026), built from audited fundamentals. The current price: 0.9200 THB.
What is the quality score of CSS?
Communication & System Solution Public Company Limited has a Quality Score of 52/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Communication & System Solution Public Company Limited (CSS)?
Our model-based price target is the fair value of 0.6600 THB (as of Nov 3, 2026) from 15 valuation models. Cautious scenario 0.6200 THB, optimistic scenario 0.8200 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the Communication & System Solution Public Company Limited stock forecast for 2026?
Our models put fair value at 0.6600 THB, about 28% lower versus a price of 0.9200 THB (overvalued). Cautious scenario 0.6200 THB, optimistic scenario 0.8200 THB. The calculation is refreshed regularly with new filings.
What is the revenue of Communication & System Solution Public Company Limited (CSS)?
Communication & System Solution Public Company Limited reported trailing-twelve-month revenue of about 4.3B THB (latest available figure, as of Nov 3, 2026).
Does Communication & System Solution Public Company Limited pay a dividend?
Communication & System Solution Public Company Limited currently shows a dividend yield of 5.43% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Communication & System Solution Public Company Limited (CSS) and when is the ex-dividend date?
Communication & System Solution Public Company Limited pays a dividend of 0.05 THB per share a year, a dividend yield of 5.4%. The last ex-dividend date was Aug 25, 2026. A dividend has been paid every year since at least 2013. The payout ratio is 62.5% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Communication & System Solution Public Company Limited (CSS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Communication & System Solution Public Company Limited it is 0.6600 THB per share (as of Nov 3, 2026), against a price of 0.9200 THB. It is the blended result of 15 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Communication & System Solution Public Company Limited stock overvalued or undervalued in 2026?
As of Nov 3, 2026, CSS trades above its calculated fair value: price 0.9200 THB, fair value 0.6600 THB, a gap of about −28% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CSS?
No. The price is what the market pays today (0.9200 THB); the fair value is what the company's own numbers justify (0.6600 THB). For Communication & System Solution Public Company Limited the two are 0.2600 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is Communication & System Solution Public Company Limited worth?
The market values Communication & System Solution Public Company Limited at about 1.1B THB (market capitalisation, as of Nov 3, 2026). Per share that is 0.9200 THB; our models calculate a fair value of 0.6600 THB per share.
What do the bullish and bearish scenarios say about CSS?
Our models span a range for Communication & System Solution Public Company Limited: cautious scenario 0.6200 THB, base 0.6600 THB, optimistic 0.8200 THB per share (as of Nov 3, 2026, price 0.9200 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CSS?
Communication & System Solution Public Company Limited trades at a price-to-earnings ratio of 11.5 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.6600 THB is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 17.4. Other multiples: P/B 0.6, P/S 0.3, EV/EBITDA 4.0.
How solid is the balance sheet of Communication & System Solution Public Company Limited (CSS)?
Balance-sheet figures for Communication & System Solution Public Company Limited (as of Nov 3, 2026): return on equity 4.8%, debt of 0.00 per unit of equity. They feed the Quality Score of 52/100, which measures business quality independently of the share price.
How far is CSS from its 52-week high?
Communication & System Solution Public Company Limited trades at 0.9200 THB, about 14% below its 52-week high of 1.07 THB and 30% above the low of 0.7103 THB (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 0.6600 THB is for.
Which stocks are comparable to Communication & System Solution Public Company Limited?
From the same area (Technology) we also value TD SYNNEX Corporation, Unisplendour Corporation, Arrow Electronics, Inc, Avnet, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Communication & System Solution Public Company Limited stock attractive at the current price?
The data as of Nov 3, 2026: price 0.9200 THB, calculated fair value 0.6600 THB (−28%), Quality Score 52/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CSS calculated?
We run Communication & System Solution Public Company Limited through 15 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 0.6600 THB builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Communication & System Solution Public Company Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Communication & System Solution Public Company Limited (CSS)?
The closing price on Nov 9, 2026 was 0.9200 THB. Our model-based fair value is 0.6600 THB, about 28% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Communication & System Solution Public Company Limited right now?
The price sits above even our optimistic bull case (0.8200 THB). The favourable scenario is already priced in. Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of Communication & System Solution Public Company Limited (CSS) come from?
Earnings per share at Communication & System Solution Public Company Limited grew −17.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share −2.0 %, EBIT margin −19.9 %, tax rate −1.7 %, residual (interest, one-offs) +7.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Communication & System Solution Public Company Limited
How large is the market capitalisation of Communication & System Solution Public Company Limited (CSS)?
The market capitalisation of Communication & System Solution Public Company Limited is 1.1B THB (≈ $32.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Communication & System Solution Public Company Limited (CSS)?
The price-to-sales ratio of Communication & System Solution Public Company Limited is 0.25 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Communication & System Solution Public Company Limited (CSS)?
Earnings per share at Communication & System Solution Public Company Limited are 0.0800 THB (price ÷ EPS = P/E 11.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Communication & System Solution Public Company Limited (CSS)?
The dividend yield of Communication & System Solution Public Company Limited is 5.4% (payout 62.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Communication & System Solution Public Company Limited (CSS)?
The net margin of Communication & System Solution Public Company Limited is 2.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Communication & System Solution Public Company Limited (CSS)?
The return on equity (ROE) of Communication & System Solution Public Company Limited is 4.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Communication & System Solution Public Company Limited (CSS)?
On an EBIT basis the return on assets of Communication & System Solution Public Company Limited is 3.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Communication & System Solution Public Company Limited (CSS)?
The operating margin of Communication & System Solution Public Company Limited is 1.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Communication & System Solution Public Company Limited (CSS)?
Revenue at Communication & System Solution Public Company Limited is growing +37.3% versus a year earlier (3y avg −5.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Communication & System Solution Public Company Limited (CSS)?
Earnings per share at Communication & System Solution Public Company Limited are growing +236% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Communication & System Solution Public Company Limited (CSS) generate?
The free cash flow of Communication & System Solution Public Company Limited is −195M THB (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Communication & System Solution Public Company Limited (CSS) hold?
Communication & System Solution Public Company Limited holds more cash than debt, 642M THB net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 3, 2026