
Jasmine International Public Company Limited (JAS.BK)
ValueMarkers Composite Index
25% below intrinsic value ($0)
Jasmine International Public Company Limited (JAS.BK) — VMCI valuation read
Headline read on JAS.BK: VMCI of 44/100 versus a Communication Services sector median of 50. The 6-point below-median position is what makes Jasmine International Public Company Limited a relative-value laggard in the mid-cap cohort, before any pillar-level review.
Form 4 filings on JAS.BK: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.
**Investor frame.** Three reads on JAS.BK: value (JAS.BK trades at 21.0x earnings, 17% above the Communication Services median of 18.0x), quality (ROIC of 19.0% sits 9.0pp above the Communication Services median (10.0%)), and risk (net debt to EBITDA of -1.7x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Communication Services 12.0x baseline.
JAS.BK fell 1.1% over the trailing 7 days, with a +2.5% read on a 30-day basis.
Jasmine International Public Company Limited engages in the telecommunications business in Thailand. The company provides content for internet protocol television services; satellite telecommunications services; internet and international calling card services; online movie and internet protocol television services; computer system integration, software development and cloud computing services; high-speed data communication services; and submarine optical fiber cable network services. It also offers circuit leasing, local and international data communication, and Bitcoin mining services; fixed-line services and data communication network services; and repair and maintenance services for a local submarine cable system. In addition, it engages in the rental of office building and communication equipment; distribution of computer products; design, installation, and testing of telecommunications systems; survey, design, and construction for civil work of telecommunications projects; development, distribution, and provision of various types of software; and investment in infrastructure businesses. The company was founded in 1982 and is based in Nonthaburi, Thailand.
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