Maybank Securities (Thailand) has given an optimistic view on Com7 Public Company Limited (SET: COM7) with a strategic target price at THB 32.00 per share, citing an upside from Work-From-Home measures.
The brokerage house expects COM7’s 1Q26 earnings to grow +8% YoY, driven by strong demand for the iPhone 17, with additional upside from work-from-home (WFH) measures that help accelerate demand. For FY26, earnings are projected to grow 16%, significantly outperforming the sector’s growth of only 4%. This is despite trading at a 2026E P/E of 11.2x, the lowest among retail peers.
