TCPFF
Company Description
True Corporation Public Company Limited, a diversified telecommunications and communications conglomerate based in Bangkok, Thailand, has been serving the Thai market since its incorporation in 1990. Operating through its key segments—TrueMove H, TrueOnline, and TrueVisions—the company provides an extensive range of services, including mobile communication, broadband internet, Wi-Fi, television, and various content and digital platform solutions. Known as TelecomAsia Corporation Public Company Limited until its rebranding in April 2004, True Corporation's operations extend significantly beyond its core offerings. Its diverse portfolio includes entertainment production, leasing mobile equipment, managing artists, and functioning as an internet service provider and distributor. The company also runs a news channel, delivers comprehensive business solutions, offers online digital media services across websites and devices, and manages distribution centers. Further activities encompass logistics consultancy, advertising sales and agency work, wireless telecommunication services, cable-based pay television, and the management of football clubs and related ventures. Additionally, True Corporation is involved in content creation, the design, development, production, and sale of software products. It provides data analytics, digital solutions, hospitality technology, and offers business process outsourcing services spanning technical support, marketing, and customer relationship management.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 195.51B | 206.02B | 202.89B | 135.08B | 143.66B | 138.21B | 140.94B | 161.82B | 141.29B | 124.72B | 118.78B | 109.22B |
| Net Income | 9.23B | (10.97B) | (17.50B) | (18.29B) | (1.43B) | 1.05B | 5.64B | 7.03B | 2.32B | (2.81B) | 4.41B | 1.29B |
| EPS | 0.27 | -0.32 | -0.51 | -0.53 | -0.04 | 0.03 | 0.17 | 0.21 | 0.07 | -0.10 | 0.18 | 0.07 |
| Free Cash Flow | 58.42B | 33.15B | 33.88B | (20.88B) | (23.40B) | (30.73B) | (31.99B) | (31.88B) | (42.59B) | (38.89B) | (49.32B) | (31.10B) |
| FCF / Share | 1.69 | 0.96 | 0.98 | -0.60 | -0.68 | -0.92 | -0.96 | -0.96 | -1.28 | -1.33 | -1.97 | -1.61 |
| Operating CF | 84.02B | 78.45B | 62.60B | 35.22B | 35.46B | 44.12B | 14.42B | 37.93B | 4.99B | 8.10B | 3.33B | (3.64B) |
| Total Assets | 663.69B | 675.48B | 744.72B | 618.10B | 624.91B | 617.55B | 523.99B | 495.57B | 465.31B | 448.96B | 282.84B | 234.57B |
| Total Debt | 433.65B | 435.97B | 477.52B | 401.78B | 365.87B | 349.40B | 212.73B | 155.32B | 127.45B | 118.72B | 98.05B | 44.99B |
| Cash & Equiv | 17.91B | 26.83B | 33.58B | 27.01B | 21.96B | 24.33B | 49.41B | 20.67B | 18.23B | 50.18B | 10.59B | 6.61B |
| Book Value | 75.43B | 73.89B | 85.78B | 60.98B | 81.36B | 85.09B | 125.37B | 133.29B | 133.53B | 131.05B | 74.55B | 70.35B |
| Return on Equity | 0.12 | -0.15 | -0.20 | -0.30 | -0.02 | 0.01 | 0.04 | 0.05 | 0.02 | -0.02 | 0.06 | 0.02 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46.39B | 47.37B | 47.12B | 49.60B | 51.44B | 52.74B | 50.84B | 51.09B | 51.35B | 52.35B | 49.93B | 66.79B |
| Net Income | 6.59B | 4.00B | 1.57B | 2.03B | 1.63B | (7.51B) | (810.17M) | (1.88B) | (769.25M) | (11.28B) | (1.60B) | (1.70B) |
| EPS | 0.19 | 0.12 | 0.05 | 0.06 | 0.05 | -0.19 | -0.02 | -0.05 | -0.02 | -0.33 | -0.05 | -0.05 |
| Free Cash Flow | 7.45B | 19.03B | 13.97B | 9.92B | (1.25B) | 7.51B | 14.35B | 10.80B | 1.57B | 10.00B | 2.26B | (5.02B) |
| FCF / Share | 0.21 | 0.55 | 0.40 | 0.29 | -0.04 | 0.19 | 0.35 | 0.31 | 0.05 | 0.29 | 0.07 | -0.15 |
| Operating CF | 24.29B | 25.21B | 20.30B | 16.32B | 21.16B | 18.83B | 20.58B | 17.66B | 22.45B | 24.44B | 28.22B | 13.83B |
| Total Assets | 653.92B | 663.69B | 675.03B | 637.15B | 650.00B | 675.48B | 683.30B | 700.92B | 724.03B | 744.72B | 759.24B | 764.76B |
| Total Debt | 429.26B | 523.28B | 445.13B | 416.33B | 427.54B | 435.97B | 435.64B | 455.79B | 475.11B | 477.52B | 481.13B | 481.93B |
| Cash & Equiv | 17.50B | 17.91B | 20.05B | 13.84B | 14.25B | 26.83B | 16.93B | 20.73B | 29.10B | 33.58B | 25.25B | 19.85B |
| Book Value | 82.48B | 75.43B | 78.08B | 76.88B | 75.16B | 73.89B | 82.19B | 83.28B | 85.09B | 85.78B | 97.93B | 99.53B |
| Return on Equity | 0.08 | 0.05 | 0.02 | 0.03 | 0.02 | -0.10 | -0.01 | -0.02 | -0.01 | -0.13 | -0.02 | -0.02 |