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TBC.HM — — Independent Power Producers

Tbc.Hm

$32 000,00
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Mcap
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P/E
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EV / Rev
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Div yield
6,05 %
Op margin
52,1 %
ROE
16,4 %
Net margin
34,1 %
Debt / equity
0,08
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

TBC.HM generates revenue primarily through electricity production and distribution in the utilities sector.

Business. TBC.HM generates revenue primarily through electricity production and distribution in the utilities sector.

Classification92 %
SectorUtilities
IndustryIndependent Power Producers
ActivityUtilities
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
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not yet scored
Valuation
—
valuation pending
Analysts
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not yet wired
Ownership
—
not yet wired
Profitability→
16,4 %
return on equity
Quality
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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning TBC.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities · THIS SECTOR−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to TBC.HM. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    TBC.HM generates revenue primarily through electricity production and distribution in the utilities sector.

    Classification92 %
    SectorUtilities
    IndustryIndependent Power Producers
    ActivityUtilities
    AI synthesis
    GENERATED

    TBC.HM maintains a strong liquidity position with a current ratio of 2.24, indicating the company can cover its short-term obligations more than twice over. However, the company's free cash flow is negative at -9.79 billion VND, suggesting that capital expenditures are outpacing operating cash flow. The company holds 57.3 billion VND in cash and equivalents, but this is offset by long-term debt of 90.66 billion VND, resulting in a net cash position that is negative.

    Profitability metrics show TBC.HM is performing well relative to industry norms. The company's return on equity (ROE) is 16.45%, and return on assets (ROA) is 11.62%, both of which are strong indicators of efficient capital use and asset management. The gross profit margin is 60.4%, and the operating margin is 52.1%, which are both well above the median for the Independent Power Producers industry.

    TBC.HM's revenue is concentrated in a single business segment, with no disclosed geographic diversification. The company's revenue is entirely derived from its core utility operations, and there are no material disclosures about geographic exposure or segment performance.

    Looking ahead, TBC.HM is projected to maintain a stable revenue trajectory, with no significant growth or contraction expected in the next fiscal year. The company's capital expenditures are expected to remain high, as the -173.03 billion VND in capex for the current period suggests a continued investment in infrastructure. The company's debt-to-equity ratio is 0.08, indicating a conservative capital structure with limited leverage.

    The risk assessment for TBC.HM highlights a medium liquidity risk due to the negative free cash flow and the need to fund ongoing capital expenditures. The company's dilution risk is low, with no significant dilution potential in the near term. However, the negative net cash position is a key flag that may require monitoring.

    Recent financial filings and transcripts do not indicate any material changes in the company's operations or strategy. The company's last actual EPS was 2,368.00 VND, and the last actual revenue was 299.27 billion VND, both of which are in line with expectations.

    Key takeaways
    • TBC.HM has a strong ROE of 16.45% and ROA of 11.62%, indicating efficient capital and asset use.
    • The company's liquidity is robust with a current ratio of 2.24, but free cash flow is negative at -9.79 billion VND.
    • TBC.HM's capital expenditures are high at -173.03 billion VND, suggesting ongoing investment in infrastructure.
    • The company's debt-to-equity ratio is 0.08, indicating a conservative capital structure.
    • TBC.HM's revenue is concentrated in a single business segment with no disclosed geographic diversification.
    • The company's dilution risk is low, but the negative net cash position is a key flag to monitor.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $32 000,00
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    $1.17T
    Net cashⓘ
    -$33.36B
    Current ratioⓘ
    2.2
    Debt / equityⓘ
    0.1
    ROAⓘ
    11.6%
    ROEⓘ
    16.4%
    Cash conversionⓘ
    200.0%
    CapEx / revenueⓘ
    -30.7%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin52,1 %Above P75
    Net Margin34,2 %Above P75
    ROE16,4 %Above P75
    Capex / Rev-30,7 %Below median
    D/E0,08Above median
    Cash Conv2,00Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • TBC.HM Market data — financials · 2026-05-29
    • Thacba Hydro Power JSC Market data — analyst estimates · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    TBC.HMCanonical
    — · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage