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Planet Communications Asia Public Company Limited (PLANET) Fair Value & Analysis

Technology · TH · Market cap 386M THB (≈ $11.6M)

What is Planet Communications Asia Public Company Limited really worth?

PC Planet Communications Asia Public Company Limited PLANET · BK
Price0.5400 THB
Fair Value0.1190 THB
Upside−78.0%
Quality17/100

Below-average quality, and trading another 354% above our fair value of 0.1190 THB.

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Risks

!Weak Growth (revenue 5y −3.2 %/yr)
!Loss-making · -13.6% net margin
!Low debt · negative free cash flow
!Trails peers (2/10)
!Narrow moat 13/100
!Evidence only low, so the estimate is less certain
!The models disagree: range 0.1190 THB to 0.3060 THB
Evidence: Low Range 0.1190 THB – 0.3060 THB

Fair value as of: Aug 14, 2026

From 2 valuation models · updated 19 days ago

Share price −5.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (0.3060 THB). The favourable scenario is already priced in.
  • Weak quality (17/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (0.1190 THB to 0.3060 THB) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

3.58 THB 0.3300 THB Fair Value 0.1190 THB Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 14, 2026.

How to read this chart

60‑month range 0.3300 THB – 3.58 THB · fair‑value band 0.1190 THB – 0.3060 THB · the 0.5400 THB price screens above the 0.1190 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 14, 2026.

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Analysis

Planet Communications Asia Public Company Limited (PLANET) currently trades at 0.5400 THB, while our model-based Fair Value estimate is 0.1190 THB, implying the stock looks roughly 353.7% overvalued today. The Quality Score stands at 17/100 (below-average quality), in the Technology sector. How firm this estimate is: it rests on 2 models at a data quality of 94/100, which puts the evidence level at low.

Over the trailing twelve months, Planet Communications Asia Public Company Limited generated revenue of 513M THB at a net margin of −13.6%. Revenue declined 8.2% year over year. It earns a return on equity of −12.6%. Net debt stands at 498M THB. Fundamentals as of Aug 14, 2026

Our scenario range runs from 0.1190 THB (bear case) to 0.3060 THB (bull case); at 0.5400 THB, the current price sits above 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 72% below its 52-week high and 64% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −52% fair-value upside, at −78%, PLANET screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

Model 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. Evidence
Highest evidence
EV/EBITDA best evidence 0.6100 THB 0.8400 THB 1.06 THB 67
NCAV (Graham) 0.4200 THB 0.5600 THB 0.8400 THB 54
All 2 models by family
Multiples
EV/EBITDA best evidence 0.6100 THB 0.8400 THB 1.06 THB 67
Asset-Based
NCAV (Graham) 0.4200 THB 0.5600 THB 0.8400 THB 54

Widest divergence: Multiples (0.8400 THB) versus Asset-Based (0.5600 THB). Highest evidence: EV/EBITDA (67).

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Key figures & financial health

P/S ratio 1.07 TTM
EPS (TTM) −0.1000 THB
Net margin −11.4% FY2025
Return on equity −12.6% TTM
Return on assets (EBIT) −3.3% avg 5y
Operating margin −30.9% TTM
More key figures
Growth
Revenue (TTM) 513M THB TTM
Revenue growth (YoY) −8.2% 3y avg −6.1%
EPS growth (YoY) −84.9%
Balance sheet & cash flow
Free cash flow −19.2M THB FY2025
Net debt 498M THB FY2025

Figures from reported company fundamentals · as of Aug 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 17/100

Of which business quality 19 · Market factors (momentum, volatility) 16

Profitability 7
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 14
Earnings quality: real cash, not paper profit
Fin. Strength 34
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 23
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 0
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Planet Communications Asia Public Company Limited engages in the distribution, installation, maintenance, and servicing of telecommunication equipment in Thailand, the United States, Cambodia, Laos, Bangladesh, Malaysia, and Republic of the Union of Myanmar. It operates in three segments: Sale of Products and Solution, Services, and Service Providers.

Full company description

Planet Communications Asia Public Company Limited engages in the distribution, installation, maintenance, and servicing of telecommunication equipment in Thailand, the United States, Cambodia, Laos, Bangladesh, Malaysia, and Republic of the Union of Myanmar. It operates in three segments: Sale of Products and Solution, Services, and Service Providers. The company offers the NextGen meeting room, a hybrid meeting and collaboration solution; advanced technology; defense technology; telecommunications networks products and solutions; smart office solutions consist of telepresence, UC/IP PBX, IP CCTV, and data security; digital broadcasting solutions, including integrated systems of technologies for digital TV broadcasting comprising digital television transmitter and TV signal broadcasting system; cyber security solutions, such as network and transaction security, and fire wall; PlanetCloud, a smart cloud office system; and PlanetFiber that provides internet services. It also provides cloud and data center; utility management; electric vehicle charging station services; and consultative and professional services comprising pre-sales, implementation and installation, and after sales services; and rental services for teleconferencing and digital TV broadcasting devices. In addition, the company produces and sells water and electricity; manufactures and distributes vehicle, electric vehicle machines, and spare parts; and host computer, virtualization service platform, system administration, customer backup, and disaster recovery system services. Further, its products include wireless cambium networks, satellite, radio, mobile vehicles, security, collaboration, CCTV analytics, and peripheral and accessories. The company was formerly known as Technology Gateway Asia Co., Ltd. and changed its name to Planet Communications Asia Public Company Limited in 1998. Planet Communications Asia Public Company Limited was incorporated in 1994 and is headquartered in Bangkok, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Planet Communications Asia Public Company Limited reported revenue of 506M THB in FY2025 versus 423M THB in FY2021, a compound +4.6%/yr. Reported net income was −57.5M THB in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
506M THB
Latest YoY
−21.4%
Avg. revenue growth/yr (3Y) 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.
−6.1%
Avg. revenue growth/yr (5Y) 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.
−3.2%
Avg. revenue growth/yr (13Y) 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.
−1.6%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +4.6%/yr
FY21 423M THB
FY22 612M THB
FY23 544M THB
FY24 643M THB
FY25 506M THB
Net income
FY21 6.7M THB
FY22 −27.2M THB
FY23 −207M THB
FY24 −49.5M THB
FY25 −57.5M THB

PLANET screens 354% overvalued. Compare with Cisco Systems, Inc →

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Cite: Fair Value Calculator (2026). "Planet Communications Asia Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/PLANET

Peer Group

Communication Equipment · 305 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 20 · Bottom 25%
Fair Value upside −78% · Bottom 25%
Return on assets −2% · Bottom 25%
Net margin (TTM) −14% · Bottom 25%
Operating margin (TTM) −31% · Bottom 25%
Revenue growth −8% · Below median
Debt / equity 0.06× · Higher than median

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/S (TTM) 0.02× · Cheaper than 75% of peers
EV/EBITDA 3.0× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE0 · sector 40
PAST0 · sector 15
HEALTH97 · sector 98
DIVIDEND0 · sector 23

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 14, 2026).

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $112.15 $61.53 −45%
Zhongji Innolight Co 300308 ¥866.12 ¥171.09 −80%
Foxconn Industrial Internet Co 601138 ¥61.83 ¥28.65 −54%
Eoptolink Technology Inc 300502 ¥429.90 ¥176.99 −59%
Nokia Oyj NOK $10.21 $3.78 −63%
Motorola Solutions, Inc MSI $487.28 $236.33 −52%
Yangtze Optical Fibre And Cable Joint Stock Limited 601869 ¥400.03 ¥201.38 −50%
Suzhou TFC Optical Communication Co 300394 ¥276.25 ¥43.67 −84%
Telefonaktiebolaget LM Ericsson (publ), ERIC $10.06 $19.89 +98%
Accton Technology Corporation 2345 2,270 TWD 1,135 TWD −50%

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Frequently asked questions

Is Planet Communications Asia Public Company Limited (PLANET) overvalued or undervalued?
As of Aug 14, 2026, our model estimates a fair value of 0.1190 THB versus a price of 0.5400 THB, about −78% upside (overvalued).
What is the fair value of PLANET?
Our model-based fair value for Planet Communications Asia Public Company Limited is 0.1190 THB (as of Aug 14, 2026), built from audited fundamentals. The current price: 0.5400 THB.
What is the quality score of PLANET?
Planet Communications Asia Public Company Limited has a Quality Score of 17/100. 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 revenue of Planet Communications Asia Public Company Limited (PLANET)?
Planet Communications Asia Public Company Limited reported trailing-twelve-month revenue of about 513M THB (latest available figure, as of Aug 14, 2026).
What is the net profit margin of PLANET?
The net profit margin of Planet Communications Asia Public Company Limited is about −13.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
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