Recently it was reported that AgxTeyTz shows extremely low thermal conductivity, and high power generating efficiency as a thermoelectric conversion material. We evaluate the seebeck coefficient on basis of the first principles calculations. The electronic band structure calculation is performed using all-electron full-potential linearized augmented plane-wave method(FLAPW) within the local density approximation(LDA). The seebeck coefficent is analyzed by Bloch-Boltzmann equation. In this paper, we find that AgTeTl and AgTe2Tl3 are better thermoelectric material among AgxTeyTlz.