Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Thaicom PCL's Revenue for the
three
months ended in Mar. 2026 was ฿453 Mil. Thaicom PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿16,926 Mil. Therefore, Thaicom PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.
Asset Turnover is linked to ROE % through Du Pont Formula. Thaicom PCL's annualizedROE % for the quarter that ended in Mar. 2026 was 22.69%. It is also linked to ROA % through Du Pont Formula. Thaicom PCL's annualizedROA % for the quarter that ended in Mar. 2026 was 13.89%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Thaicom PCL's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Thaicom PCL Asset Turnover Related Terms
Thaicom PCL Asset Turnover Historical Data
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The historical data trend for Thaicom PCL's Asset Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BKK:THCOM vs TMUS, VZ, T: Asset Turnover Comparison
For the Telecom Services subindustry, Thaicom PCL's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Thaicom PCL Asset Turnover vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Thaicom PCL's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Thaicom PCL's Asset Turnover falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Thaicom PCL (BKK:THCOM) has a Asset Turnover of 0.03 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Thaicom PCL and its competitors.
Is Thaicom PCL's Asset Turnover too high?
Thaicom PCL's current Asset Turnover is 0.03. Overall, Thaicom PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thaicom PCL's Asset Turnover compare to TMUS and VZ?
Thaicom PCL's Asset Turnover of 0.03 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Telecommunication Services company?
A good Asset Turnover depends on the Telecommunication Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Thaicom PCL and its competitors. Thaicom PCL's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaicom PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaicom PCL (BKK:THCOM) is currently considered Fairly Valued. The stock's GF Value™ is ฿11.68, compared to a current price of ฿10.60 — trading 9.2% below its estimated fair value. The current Asset Turnover is 0.03. Thaicom PCL's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Thaicom PCL (BKK:THCOM), the current Asset Turnover is 0.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thaicom PCL (BKK:THCOM) Overvalued in 2026?
Based on GuruFocus' analysis, Thaicom PCL stock appears to be undervalued.
The current stock price of ฿10.60 is trading 9.2% below its estimated GF Value™ of ฿11.68.
GuruFocus considers Thaicom PCL to be Fairly Valued.
Key valuation signals for BKK:THCOM:
Asset Turnover: 0.03
GF Value™: ฿11.68 vs. price of ฿10.60 (9.2% below fair value)
No single metric tells the full story. See the BKK:THCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thaicom PCL is engaged in transponder services for domestic & international communications, sale of the user terminal, broadband content services, sale of direct television equipment, internet data center services, internet services, satellite uplink-downlink services, broadcasting television service, telecommunication, printing, publishing of business telephone directories, banner advertising, telephone network services, mobile contents, and engineering & development services on communication technology & electronics. It operates in three segments: Satellite services, Internet services & media, and Telephone networks. The company has operations in Thailand, Singapore, Australia, India and others.
78GF Score
Get the complete analysis for BKK:THCOM
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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