On Tuesday at 11:01 AM (Bangkok time), the share price of Com7 Public Company Limited (SET: COM7) increased by 2.11% or THB 0.50 to THB 24.20, with a trading value of THB 147.85 million.
Finansia Syrus Securities (FSS) has recommended a ‘Buy’ rating on COM7, setting a target price of THB 31.00 per share. The company is expected to report a net profit of THB 1.19 billion for the first quarter of 2026, maintaining a high level quarter-on-quarter and representing a 21% year-on-year increase.
This growth is attributed to improved revenue and better margins, driven by robust sales of the iPhone 17 and Samsung Ultra 26, as well as continued expansion in non-retail segments. Margins are also anticipated to remain strong, supported by operating leverage and effective cost management.
Looking ahead, Finansia forecasts that COM7’s net profit for the full year 2026 will grow by 8% year-on-year to reach THB 4.4 billion, marking a new record high. In terms of valuation, the stock currently trades at a price-to-earnings ratio of approximately 12.4x, with an estimated dividend yield of nearly 5% per annum.
