D.T.C. Enterprise PCL (DTCENT) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of D.T.C. Enterprise PCL stock THB 1.57, price THB 0.88, upside +78.4%, quality 64 out of 100. Rating: strongly undervalued. Calculated from audited financials with 24 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 4, 2026.
How to read this chart
47‑month range 0.7279 THB – 1.91 THB · fair‑value band 1.10 THB – 2.02 THB · the 0.8800 THB price screens below the 1.57 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
Follow D.T.C. Enterprise PCL in your weekly email
Every Wednesday you see whether D.T.C. Enterprise PCL is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
D.T.C. Enterprise Public Company Limited, together with its subsidiaries, provides global positioning system (GPS) products and services in Thailand. It operates through GPS Tracking Business, Software Business, IoT Business, and Other Business segments.
Show moreShow less
The company offers real-time GPS tracking system solutions that include current location, history route, and speed that can be monitored in real-time, as well as provides various reports, such as driver behavior, current location, vehicle usage, route, the Department of Land Transport, and other reports.
It also provides mobile digital video recorders that monitors real time location and speed; and controller, which can monitor image and location through PC, tablet, and mobile to check driver behavior, prevent fraud behavior, and inspect for all types of vehicles.
In addition, the company develops various software, which includes smart farm solutions for agriculture; DTC fleet maintenance, a system for vehicle maintenance; DeeMap Solution, an online map system; business activity management system; and transport management solutions.
Further, it provides IoT solutions for monitoring, controlling, and tracking systems applied for oil handling along border zone, and to draw up database of liquor sale located close by or around schools; information systems and DVR camera systems for fire engines and rescue departments; E-Sarabun, an information technology system for internal office system development; body temperature measurement systems; smart pole technology to create a society of safety; smart city solutions; smart vending machine IoT solutions; LED full color display systems; fire detection systems; and smart water management.
Additionally, the company designs and installs software; sells and installs equipment; and provides IT and maintenance services. D.T.C. Enterprise Public Company Limited was founded in 1996 and is headquartered in Bangkok, Thailand.
Stock analysis
D.T.C. Enterprise PCL (DTCENT) currently trades at 0.8800 THB, while our model-based Fair Value estimate is 1.57 THB, implying the stock looks roughly 44% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 2.21 THB per share, and 20 of the 24 models we run sit above the 0.8800 THB price.
Bear case: the Dividend Discount group reads lowest at 0.5600 THB, and 4 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1.10 THB (bear) to 2.02 THB (bull), the price of 0.8800 THB sits below 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 64/100 (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.
D.T.C. Enterprise PCL reported revenue of 696M THB in FY2025 versus 585M THB in FY2021, a compound +4.4%/yr. Reported net income was 98.7M THB in FY2025, compounding +5.9%/yr from FY2021.
Key figures
Market cap 1.2B THB (≈ $34.6M) Micro · P/E ratio 11.0 · P/S ratio 1.60 · EPS (TTM) 0.0800 THB · Dividend yield 6.8% · Net margin 14.1% · Return on equity 6.7% · Return on assets (EBIT) 7.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at 78%, DTCENT screens cheaper than that median.
Fair Value models
Bear1.10 THBFair Value 1.57 THBBull2.02 THB
Price 0.8800 THB · Upside +78.4%
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 (0.0172 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−2.3%
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.
+3.1%
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.
+1.8%
Start year 2020 (pandemic)
Revenue growth 8 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.
−2.4%
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+3.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−3.2%
Dividend (yield on the price)6.8%
Profit margin 2020 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.23% → 14%
⚠ Revenue per share shrinking 6.8%/yr over ~6Y (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.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−40.0%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Thailand: IMF forecast 1.2% a year to 2030, 1.1% from 2016 to 2025) that is about −40.7% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Scientific & Technical Instruments · 160 stocks
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.
Is D.T.C. Enterprise PCL (DTCENT) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 1.57 THB versus a price of 0.8800 THB, about +78% upside (undervalued).
What is the fair value of DTCENT?
Our model-based fair value for D.T.C. Enterprise PCL is 1.57 THB (as of Nov 4, 2026), built from audited fundamentals. The current price: 0.8800 THB.
What is the quality score of DTCENT?
D.T.C. Enterprise PCL has a Quality Score of 64/100. 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 D.T.C. Enterprise PCL (DTCENT)?
Our model-based price target is the fair value of 1.57 THB (as of Nov 4, 2026) from 24 valuation models. Cautious scenario 1.10 THB, optimistic scenario 2.02 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the D.T.C. Enterprise PCL stock forecast for 2026?
Our models put fair value at 1.57 THB, about +78% upside versus a price of 0.8800 THB (undervalued). Cautious scenario 1.10 THB, optimistic scenario 2.02 THB. The calculation is refreshed regularly with new filings.
What is the revenue of D.T.C. Enterprise PCL (DTCENT)?
D.T.C. Enterprise PCL reported trailing-twelve-month revenue of about 722M THB (latest available figure, as of Nov 4, 2026).
Does D.T.C. Enterprise PCL pay a dividend?
D.T.C. Enterprise PCL currently shows a dividend yield of 6.82% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of D.T.C. Enterprise PCL (DTCENT) and when is the ex-dividend date?
D.T.C. Enterprise PCL pays a dividend of 0.06 THB per share a year, a dividend yield of 6.8%. The last ex-dividend date was Mar 11, 2026. The payout ratio is 75.0% of earnings. Free cash flow covers the dividend 0.91 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into D.T.C. Enterprise PCL (DTCENT)?
For today's price to be fair in a discounted-cash-flow model, D.T.C. Enterprise PCL would have to grow free cash flow by -40.0 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +1.9 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of DTCENT use?
Our models discount D.T.C. Enterprise PCL at 10.4 %: a base by market capitalisation (nano), damped by beta 0.58, country premium for Thailand. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For D.T.C. Enterprise PCL that is -40.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has D.T.C. Enterprise PCL (DTCENT) delivered so far?
Over the past 5 years revenue at D.T.C. Enterprise PCL grew +1.9 % a year. The price currently implies free-cash-flow growth of -40.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of D.T.C. Enterprise PCL (DTCENT) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into D.T.C. Enterprise PCL (-40.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of D.T.C. Enterprise PCL (DTCENT)?
The free-cash-flow yield on the price is 6.20 %: that much free cash flow D.T.C. Enterprise PCL produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of D.T.C. Enterprise PCL (DTCENT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For D.T.C. Enterprise PCL it is 1.57 THB per share (as of Nov 4, 2026), against a price of 0.8800 THB. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is D.T.C. Enterprise PCL stock overvalued or undervalued in 2026?
As of Nov 4, 2026, DTCENT trades below its calculated fair value: price 0.8800 THB, fair value 1.57 THB, a gap of about +78% (undervalued). 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 DTCENT?
No. The price is what the market pays today (0.8800 THB); the fair value is what the company's own numbers justify (1.57 THB). For D.T.C. Enterprise PCL the two are 0.6900 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is D.T.C. Enterprise PCL worth?
The market values D.T.C. Enterprise PCL at about 1.2B THB (market capitalisation, as of Nov 4, 2026). Per share that is 0.8800 THB; our models calculate a fair value of 1.57 THB per share.
What do the bullish and bearish scenarios say about DTCENT?
Our models span a range for D.T.C. Enterprise PCL: cautious scenario 1.10 THB, base 1.57 THB, optimistic 2.02 THB per share (as of Nov 4, 2026, price 0.8800 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DTCENT?
D.T.C. Enterprise PCL trades at a price-to-earnings ratio of 11.0 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.57 THB is built from several models across several years. Other multiples: P/B 0.7, P/S 1.6, EV/EBITDA 2.6.
How solid is the balance sheet of D.T.C. Enterprise PCL (DTCENT)?
Balance-sheet figures for D.T.C. Enterprise PCL (as of Nov 4, 2026): return on equity 6.7%. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is DTCENT from its 52-week high?
D.T.C. Enterprise PCL trades at 0.8800 THB, about 11% below its 52-week high of 0.9900 THB and 10% above the low of 0.8025 THB (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 1.57 THB is for.
Which stocks are comparable to D.T.C. Enterprise PCL?
From the same area (Technology) we also value Keysight Technologies, Inc, Garmin Ltd, Coherent Corp, Teledyne Technologies Incorporated, 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 D.T.C. Enterprise PCL stock attractive at the current price?
The data as of Nov 4, 2026: price 0.8800 THB, calculated fair value 1.57 THB (+78%), Quality Score 64/100, from 24 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 DTCENT calculated?
We run D.T.C. Enterprise PCL through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1.57 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. D.T.C. Enterprise PCL currently trades 44% below its own fair value, and the market average says nothing about that. 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 D.T.C. Enterprise PCL (DTCENT)?
The closing price on Nov 9, 2026 was 0.8800 THB. Our model-based fair value is 1.57 THB, about +78% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with D.T.C. Enterprise PCL right now?
The price is below even our cautious bear case (1.10 THB). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (64/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (1.10 THB to 2.02 THB) leaves room in how you read the outcome.
Key figures of D.T.C. Enterprise PCL
How large is the market capitalisation of D.T.C. Enterprise PCL (DTCENT)?
The market capitalisation of D.T.C. Enterprise PCL is 1.2B THB (≈ $34.6M). 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 D.T.C. Enterprise PCL (DTCENT)?
The price-to-sales ratio of D.T.C. Enterprise PCL is 1.60 (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 D.T.C. Enterprise PCL (DTCENT)?
Earnings per share at D.T.C. Enterprise PCL are 0.0800 THB (price ÷ EPS = P/E 11.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of D.T.C. Enterprise PCL (DTCENT)?
The dividend yield of D.T.C. Enterprise PCL is 6.8% (payout 75.0%). 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 D.T.C. Enterprise PCL (DTCENT)?
The net margin of D.T.C. Enterprise PCL is 14.1% (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 D.T.C. Enterprise PCL (DTCENT)?
The return on equity (ROE) of D.T.C. Enterprise PCL is 6.7% (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 D.T.C. Enterprise PCL (DTCENT)?
On an EBIT basis the return on assets of D.T.C. Enterprise PCL is 7.1% (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 D.T.C. Enterprise PCL (DTCENT)?
The operating margin of D.T.C. Enterprise PCL is 17.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at D.T.C. Enterprise PCL (DTCENT)?
Revenue at D.T.C. Enterprise PCL is growing +10.0% versus a year earlier (3y avg +3.1%). 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 D.T.C. Enterprise PCL (DTCENT)?
Earnings per share at D.T.C. Enterprise PCL are growing +6.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does D.T.C. Enterprise PCL (DTCENT) hold?
D.T.C. Enterprise PCL holds more cash than debt, 638M THB net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch D.T.C. Enterprise PCL in the live analysis
One click puts D.T.C. Enterprise PCL on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 4, 2026