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TV Thunder Public Company Limited (TVT) Fair Value & Analysis

Communication Services · TH · Market cap 184M THB

TT TV Thunder Public Company Limited TVT · BK
Price0.2500 THB
Fair Value0.2600 THB
Upside+4.0%
Quality39/100
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Risks

!Weak Growth (revenue 5y −16.3 %/yr)
!Loss-making · -15.0% net margin
!Low debt · negative free cash flow
!Trails peers (2/9)
Weak Growth (revenue 5y −16.3 %/yr)
Loss-making · -15.0% net margin
Low debt · negative free cash flow
Trails peers (2/9)
Narrow moat 12/100
Evidence: Low Range 0.1700 THB – 0.3300 THB Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 13 days ago

Share price +4.2% over the past month.

Below-average quality, currently priced close to our fair value.

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What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (0.1700 THB to 0.3300 THB) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

1.37 THB 0.1900 THB Fair Value 0.2600 THB Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 0.1900 THB – 1.37 THB · fair‑value band 0.1700 THB – 0.3300 THB · the 0.2500 THB price screens below the 0.2600 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

TV Thunder Public Company Limited (TVT) currently trades at 0.2500 THB, while our model-based Fair Value estimate is 0.2600 THB, implying the stock looks roughly 4.0% fairly valued today. The Quality Score stands at 39/100 (below-average quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, TV Thunder Public Company Limited generated revenue of 118M THB at a net margin of -15.0%. Revenue declined 9.9% year over year. It earns a return on equity of -3.0%. The balance sheet holds a net cash position of 26.5M THB. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.1700 THB (bear case) to 0.3300 THB (bull case); at 0.2500 THB, the current price sits within 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 26% below its 52-week high and 39% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -51% fair-value upside, at 4%, TVT 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.

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
NCAV (Graham) 0.3700 THB 0.5000 THB 0.7500 THB 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.3700 THB 0.5000 THB 0.7500 THB 50

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Key figures & financial health

P/S ratio 1.56 TTM
Net margin -15.0% TTM
Return on equity -3.0% TTM
Return on assets -1.6% TTM
Operating margin -25.6% TTM
EPS (TTM) -0.0200 THB
More key figures
Growth
Revenue (TTM) 118M THB TTM
Revenue growth (YoY) -9.9% 3y avg -26.9%
EPS growth (YoY) +97.8%
Balance sheet & cash flow
Free cash flow −13.5M THB FY2025
Net cash 26.5M THB FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 41 · Market factors (momentum, volatility) 44

Profitability 4
Margins and returns on capital today
Quality Growth 7
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 35
Distance to the 52-week high (market factor)
Net Issuance 82
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

TV Thunder Public Company Limited operates as a television production company in Thailand. It operates through four segments: Advertising Business; Services, Events, and Television Programme Production Business; Artist Management Business; and Other Business. The company produces, manages, and promotes television programs, music, series, and movies.

Full company description

TV Thunder Public Company Limited operates as a television production company in Thailand. It operates through four segments: Advertising Business; Services, Events, and Television Programme Production Business; Artist Management Business; and Other Business. The company produces, manages, and promotes television programs, music, series, and movies. It also provides artist management and advertising services. In addition, the company is involved in other sales promotion; and television series and variety shows production activities. TV Thunder Public Company Limited was incorporated in 1992 and is headquartered in Bangkok, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TV Thunder Public Company Limited reported revenue of 121M THB in FY2025 versus 300M THB in FY2021, a compound −20.4%/yr. Reported net income was −20.1M THB in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
121M THB
Latest YoY
−33.2%
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.
−26.9%
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.
−16.3%
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.
−9.1%
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 −20.4%/yr
FY21 300M THB
FY22 308M THB
FY23 192M THB
FY24 180M THB
FY25 121M THB
Net income
FY21 22.0M THB
FY22 −9.7M THB
FY23 −3.0M THB
FY24 −4.6M THB
FY25 −20.1M THB

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Cite: Fair Value Calculator (2026). "TV Thunder Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/TVT

Peer Group

Entertainment · 268 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 41 · Below median
Fair Value upside +4% · Above median
Return on assets -2% · Below median
Net margin (TTM) -15% · Bottom 25%
Operating margin (TTM) -26% · Bottom 25%
Revenue growth -10% · Below median
Debt / equity 0.09× · Higher than median

Valuation Multiples vs Entertainment median · lower = cheaper

P/S (TTM) 0.05× · Cheaper than 75% of peers

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
VALUE39 · sector 11
FUTURE0 · sector 9
PAST0 · sector 0
HEALTH95 · sector 98
DIVIDEND0 · sector 43

Insider activity: 30/100

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 Entertainment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc NFLX $82.23 $49.35 -40%
The Walt Disney Company DIS $103.50 $80.62 -22%
Warner Bros. Discovery, Inc WBD $27.65 $9.03 -67%
Live Nation Entertainment, Inc LYV $182.02 $59.97 -67%
Universal Music Group UMG €14.73 €14.78 +0%
TKO Group TKO $195.14 $47.75 -76%
Formula One Group FWONK $102.02 $35.21 -65%
Fox Corporation FOXA $63.05 $206.81 +228%
News Corporation NWS A$46.55 A$20.41 -56%
Warner Music Group WMG $24.79 $12.10 -51%

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Frequently asked questions

Is TV Thunder Public Company Limited (TVT) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.2600 THB versus a price of 0.2500 THB, about +4% (fairly valued).
What is the fair value of TVT?
Our model-based fair value for TV Thunder Public Company Limited is 0.2600 THB (as of Aug 13, 2026), built from audited fundamentals. The current price: 0.2500 THB.
What is the quality score of TVT?
TV Thunder Public Company Limited has a Quality Score of 39/100. 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 TV Thunder Public Company Limited (TVT)?
TV Thunder Public Company Limited reported trailing-twelve-month revenue of about 118M THB (latest available figure, as of Aug 13, 2026).
What is the net profit margin of TVT?
The net profit margin of TV Thunder Public Company Limited is about -15.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

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