Samart Telcoms Public Company Limited (SAMTEL) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Samart Telcoms Public Company Limited stock THB 4.89, price THB 3.02, upside +61.9%, quality 59 out of 100. Rating: strongly undervalued. Calculated from audited financials with 25 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 9, 2026.
How to read this chart
60‑month range 2.27 THB – 8.13 THB · fair‑value band 3.71 THB – 5.74 THB · the 3.02 THB price screens below the 4.89 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 9, 2026.
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Samart Telcoms Public Company Limited engages in the integrated telecommunications, communication network, and information technology businesses in Thailand. The company operates through three segments: Network Infrastructure Solutions, Enhanced Technology Solutions, and Business Application.
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The Network Infrastructure Solutions segment provides solutions for telecommunications and data communication networks comprising consultation, survey, design, installation and implementation, and system management services, as well as professional maintenance services for wired and wireless networks, including core networks, access networks, network equipment and end devices, and various communications services through high-speed networks and satellite communications.
The Enhanced Technology Solutions segment offers solutions, such as consultation, engineering design and software development, installation, project management, management, and maintenance services for information technology systems consists of advanced systems customization.
The Business Application segment provides advanced software application services for the corporate and public sector client operations.
In addition, it is involved in the design and installation of communication network, and enterprise resource planning system and integrated ERP solution for government and public sectors; electronic payment system and data interchange services; production of software packages; software development services; internet and cloud services; learning management platform; cyber security services; communication equipment and computer distribution activities; repair and maintenance of systems; consultation, design, installation, and maintenance of IT systems; and development of soft application, including e-document and data management solution.
The company was founded in 1986 and is based in Pathum Thani, Thailand. Samart Telcoms Public Company Limited is a subsidiary of Samart Corporation Public Company Limited.
Stock analysis
Samart Telcoms Public Company Limited (SAMTEL) currently trades at 3.02 THB, while our model-based Fair Value estimate is 4.89 THB, implying the stock looks roughly 38% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 5.71 THB per share, and 17 of the 25 models we run sit above the 3.02 THB price.
Bear case: the Dividend Discount group reads lowest at 1.50 THB, and 8 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: 3.71 THB (bear) to 5.74 THB (bull), the price of 3.02 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 59/100 (solid quality), in the Communication Services sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Samart Telcoms Public Company Limited reported revenue of 5.4B THB in FY2025 versus 4.6B THB in FY2021, a compound +4.1%/yr. Reported net income was 100M THB in FY2025, compounding +13.0%/yr from FY2021.
Key figures
Market cap 1.9B THB (≈ $55.8M) Micro · P/E ratio 27.5 · P/S ratio 0.35 · EPS (TTM) 0.1100 THB · Dividend yield 4.0% · Net margin 1.3% · Return on equity 1.9% · Return on assets (EBIT) 2.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 25% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 51% fair-value upside, at 62%, SAMTEL screens cheaper than that median.
Fair Value models
Bear3.71 THBFair Value 4.89 THBBull5.74 THB
Price 3.02 THB · Upside +61.9%
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.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 weak: less than 2 % a year.
Revenue growth 1 year
+28.7%
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.
+2.9%
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.
−0.2%
Start year 2020 (pandemic). Over 10 years: −0.6% a year
Revenue growth 25 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.
+17.7%
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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.
−13.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.1%
Dividend (yield on the price)4.0%
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.−17.1% vs −13.0%, slowing
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.−5% → 4%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 3.8%/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.
Growth Forecast
Price in line with expectations
The price assumes about as much growth as 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).
0.0%
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 −1.2% a year for the price.
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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.Telecom Services · 234 stocks
Beats the industry median on 9/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside+60.9% · Top 25%
Profitability
Return on equity (12 months)1.9% · Below median
Return on assets1.5% · Below median
Net margin (12 months)1.3% · Below median
Operating margin (12 months)1.6% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)13.4% · Top 25%
Dividend yield (12 months)4.0% · Above median
Balance sheet
Debt / equity0.02× · Below median
Valuation Multiplesvs Telecom Services median · lower = cheaper
P/E (12 months)27.5× · Priciest 25%
P/B0.52× · Cheapest 25%
P/S (12 months)0.35× · Cheapest 25%
Price / free cash flow (fiscal year)10.0× · Cheaper than median
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). "Samart Telcoms Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/SAMTEL
Frequently asked questions
Is Samart Telcoms Public Company Limited (SAMTEL) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 4.89 THB versus a price of 3.02 THB, about +62% upside (undervalued).
What is the fair value of SAMTEL?
Our model-based fair value for Samart Telcoms Public Company Limited is 4.89 THB (as of Nov 9, 2026), built from audited fundamentals. The current price: 3.02 THB.
What is the quality score of SAMTEL?
Samart Telcoms Public Company Limited has a Quality Score of 59/100. 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 Samart Telcoms Public Company Limited (SAMTEL)?
Our model-based price target is the fair value of 4.89 THB (as of Nov 9, 2026) from 25 valuation models. Cautious scenario 3.71 THB, optimistic scenario 5.74 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the Samart Telcoms Public Company Limited stock forecast for 2026?
Our models put fair value at 4.89 THB, about +62% upside versus a price of 3.02 THB (undervalued). Cautious scenario 3.71 THB, optimistic scenario 5.74 THB. The calculation is refreshed regularly with new filings.
What is the revenue of Samart Telcoms Public Company Limited (SAMTEL)?
Samart Telcoms Public Company Limited reported trailing-twelve-month revenue of about 5.4B THB (latest available figure, as of Nov 9, 2026).
Does Samart Telcoms Public Company Limited pay a dividend?
Samart Telcoms Public Company Limited currently shows a dividend yield of 3.97% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Samart Telcoms Public Company Limited (SAMTEL) and when is the ex-dividend date?
Samart Telcoms Public Company Limited pays a dividend of 0.12 THB per share a year, a dividend yield of 4.0%. The last ex-dividend date was Aug 26, 2026. A dividend has been paid every year since 2022. The payout ratio is 109% of earnings. Free cash flow covers the dividend 2.53 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Samart Telcoms Public Company Limited (SAMTEL)?
For today's price to be fair in a discounted-cash-flow model, Samart Telcoms Public Company Limited would have to grow free cash flow by 0.0 % per year for five years (discount rate 13.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -0.2 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of SAMTEL use?
Our models discount Samart Telcoms Public Company Limited at 13.1 %: a base by market capitalisation (micro), damped by beta 0.15, 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 Samart Telcoms Public Company Limited that is 0.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.1 %) and the same formula as our fair value.
How much growth has Samart Telcoms Public Company Limited (SAMTEL) delivered so far?
Over the past 5 years revenue at Samart Telcoms Public Company Limited grew -0.2 % a year. The price currently implies free-cash-flow growth of 0.0 % 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 Samart Telcoms Public Company Limited (SAMTEL) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Samart Telcoms Public Company Limited (0.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Samart Telcoms Public Company Limited (SAMTEL)?
The free-cash-flow yield on the price is 10.06 %: that much free cash flow Samart Telcoms Public Company Limited produces per unit of market value. When it exceeds the discount rate of our models (13.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Samart Telcoms Public Company Limited (SAMTEL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Samart Telcoms Public Company Limited it is 4.89 THB per share (as of Nov 9, 2026), against a price of 3.02 THB. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Samart Telcoms Public Company Limited stock overvalued or undervalued in 2026?
As of Nov 9, 2026, SAMTEL trades below its calculated fair value: price 3.02 THB, fair value 4.89 THB, a gap of about +62% (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 SAMTEL?
No. The price is what the market pays today (3.02 THB); the fair value is what the company's own numbers justify (4.89 THB). For Samart Telcoms Public Company Limited the two are 1.87 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is Samart Telcoms Public Company Limited worth?
The market values Samart Telcoms Public Company Limited at about 1.9B THB (market capitalisation, as of Nov 9, 2026). Per share that is 3.02 THB; our models calculate a fair value of 4.89 THB per share.
What do the bullish and bearish scenarios say about SAMTEL?
Our models span a range for Samart Telcoms Public Company Limited: cautious scenario 3.71 THB, base 4.89 THB, optimistic 5.74 THB per share (as of Nov 9, 2026, price 3.02 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SAMTEL?
Samart Telcoms Public Company Limited trades at a price-to-earnings ratio of 27.5 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 4.89 THB is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 25.7. Other multiples: PEG 1.6, P/B 0.5, P/S 0.3, EV/EBITDA 2.1.
What is the PEG ratio of SAMTEL?
The PEG ratio of Samart Telcoms Public Company Limited is 1.59 (P/E divided by earnings growth, as of Nov 9, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Samart Telcoms Public Company Limited (SAMTEL)?
Balance-sheet figures for Samart Telcoms Public Company Limited (as of Nov 9, 2026): return on equity 1.9%, debt of 0.02 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is SAMTEL from its 52-week high?
Samart Telcoms Public Company Limited trades at 3.02 THB, about 25% below its 52-week high of 4.05 THB and 4% above the low of 2.91 THB (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 4.89 THB is for.
Which stocks are comparable to Samart Telcoms Public Company Limited?
From the same area (Communication Services) we also value China Mobile Limited, Verizon Communications Inc, T-Mobile US, Inc, AT&T 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 Samart Telcoms Public Company Limited stock attractive at the current price?
The data as of Nov 9, 2026: price 3.02 THB, calculated fair value 4.89 THB (+62%), Quality Score 59/100, from 25 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 SAMTEL calculated?
We run Samart Telcoms Public Company Limited through 25 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 4.89 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. Samart Telcoms Public Company Limited currently trades 38% 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 Samart Telcoms Public Company Limited (SAMTEL)?
The closing price on Nov 9, 2026 was 3.02 THB. Our model-based fair value is 4.89 THB, about +62% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Samart Telcoms Public Company Limited right now?
The price is below even our cautious bear case (3.71 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 (59/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Samart Telcoms Public Company Limited (SAMTEL) come from?
Earnings per share at Samart Telcoms Public Company Limited grew −15.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share −2.7 %, EBIT margin −8.4 %, tax rate −1.9 %, residual (interest, one-offs) −3.2 %. 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 Samart Telcoms Public Company Limited
How large is the market capitalisation of Samart Telcoms Public Company Limited (SAMTEL)?
The market capitalisation of Samart Telcoms Public Company Limited is 1.9B THB (≈ $55.8M). 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 Samart Telcoms Public Company Limited (SAMTEL)?
The price-to-sales ratio of Samart Telcoms Public Company Limited is 0.35 (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 Samart Telcoms Public Company Limited (SAMTEL)?
Earnings per share at Samart Telcoms Public Company Limited are 0.1100 THB (price ÷ EPS = P/E 27.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Samart Telcoms Public Company Limited (SAMTEL)?
The dividend yield of Samart Telcoms Public Company Limited is 4.0% (payout 109%). 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 Samart Telcoms Public Company Limited (SAMTEL)?
The net margin of Samart Telcoms Public Company Limited is 1.3% (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 Samart Telcoms Public Company Limited (SAMTEL)?
The return on equity (ROE) of Samart Telcoms Public Company Limited is 1.9% (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 Samart Telcoms Public Company Limited (SAMTEL)?
On an EBIT basis the return on assets of Samart Telcoms Public Company Limited is 2.3% (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 Samart Telcoms Public Company Limited (SAMTEL)?
The operating margin of Samart Telcoms Public Company Limited is 1.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Samart Telcoms Public Company Limited (SAMTEL)?
Revenue at Samart Telcoms Public Company Limited is growing +13.4% versus a year earlier (3y avg +2.9%). 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 Samart Telcoms Public Company Limited (SAMTEL)?
Earnings per share at Samart Telcoms Public Company Limited are growing −2.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Samart Telcoms Public Company Limited (SAMTEL) hold?
Samart Telcoms Public Company Limited holds more cash than debt, 216M THB net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 9, 2026