Turnkey Communication Services Public Company (TKC) Fair Value & Analysis
Industrials · TH · Market cap 3.4B THB
Fair value as of: Jul 12, 2026
From 24 valuation models · updated 29 days ago
Share price +6.0% over the past month.
Below-average quality, and screening another 23% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (7.22 THB). The favourable scenario is already priced in.
- Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.
How to read this chart
55‑month range 6.94 THB – 27.92 THB · fair‑value band 4.78 THB – 7.22 THB · the 8.85 THB price screens above the 6.82 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.
Analysis
Turnkey Communication Services Public Company (TKC) currently trades at 8.85 THB, while our model-based Fair Value estimate is 6.82 THB, implying the stock looks roughly 22.9% overvalued today. The Quality Score stands at 30/100 (below-average quality), in the Industrials 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, Turnkey Communication Services Public Company generated revenue of 2.0B THB at a net margin of 8.9%. Revenue declined 37.8% year over year. It earns a return on equity of 4.2%. Net debt stands at 1.4B THB. Fundamentals as of Jul 12, 2026
Our scenario range runs from 4.78 THB (bear case) to 7.22 THB (bull case); at 8.85 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 22% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -23%, TKC screens cheaper 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.
All 24 models by family
Widest divergence: Economic Profit (7.62 THB) versus Multiples (0.8900 THB). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 32 · Market factors (momentum, volatility) 48
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
Turnkey Communication Services Public Company Limited provides design, installation, engineering, and trading services in the field of information and communication technology, and telecommunications in Thailand. It operates through Distribution Business, Services Business, and Information Engineering Business segments.
Full company description
Turnkey Communication Services Public Company Limited provides design, installation, engineering, and trading services in the field of information and communication technology, and telecommunications in Thailand. It operates through Distribution Business, Services Business, and Information Engineering Business segments. The company offers smart solutions; enterprise solutions, such as routing and switching, wired and wireless network, IT security, data center and cloud computing, and IoT and smart city services; public safety services, including web intelligence, CDR analytics and big data, network monitoring system, and cyber defense and security; certificate authority services. It also provides network designs and telecommunication installations; communication system installations in large buildings; drive/walk test and mobile network tuning and optimization service; allocation of professional engineers to provide care and operations in the mobile phone network; network maintenance; distribution of telecommunication equipment; design and installation of transmission towers; and transmission networks comprising FTTx, DWDM, and MSAN. In addition, the company offers turnkey services of equipment outsourcing, installations, and maintenance; and internet signal services. Turnkey Communication Services Public Company Limited was founded in 2002 and is based in Bangkok, Thailand.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Turnkey Communication Services Public Company reported revenue of 2.3B THB in FY2025 versus 2.2B THB in FY2021, a compound +1.4%/yr. Reported net income was 172M THB in FY2025, compounding −3.8%/yr from FY2021.
TKC screens 23% overvalued. Compare with Larsen & Toubro Limited →
Peer Group
Engineering & Construction · 837 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.
Valuation Multiples vs Engineering & Construction median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Larsen & Toubro Limited LT | ₹3,815 | ₹1,994 | -48% |
| Samsung C&T Corporation 028260 | 346,000 KRW | 268,779 KRW | -22% |
| Hyundai Engineering & Construction Co 000720 | 99,000 KRW | 63,993 KRW | -35% |
| United Integrated Services Co 2404 | 1,250 TWD | 925.62 TWD | -26% |
| Samsung E&A Co 028050 | 42,550 KRW | 44,840 KRW | +5% |
| Rail Vikas Nigam Limited RVNL | ₹232.67 | ₹61.46 | -74% |
| Daewoo Engineering & Construction Co 047040 | 16,240 KRW | 6,507 KRW | -60% |
| NBCC (India) Limited NBCC | ₹96.32 | ₹48.22 | -50% |
| Cemindia Projects Limited CEMPRO | ₹1,330 | ₹730.69 | -45% |
| KEPCO Engineering & Construction Company 052690 | 92,700 KRW | 20,172 KRW | -78% |
Compare Turnkey Communication Services Public Company with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Turnkey Communication Services Public Company (TKC) overvalued or undervalued?
What is the fair value of TKC?
What is the quality score of TKC?
What is the revenue of Turnkey Communication Services Public Company (TKC)?
What is the net profit margin of TKC?
Does Turnkey Communication Services Public Company pay a dividend?
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.
Track Turnkey Communication Services Public Company and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.