Company Valuation: Internet Thailand

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,310 2,575 2,134 3,282 2,172 2,363 - -
Change - 11.47% -17.13% 53.79% -33.82% 8.79% - -
Enterprise Value (EV) 2,310 2,575 7,624 8,817 8,025 2,363 2,363 2,363
Change - 11.47% 196.06% 15.64% -8.98% -70.55% 0% 0%
P/E 14x 12.9x 9.09x 7.33x 9.1x 6.29x 4.13x 4x
PBR - - 0.82x 0.96x 0.61x - - -
PEG - 0.6x 0.5x 0.1x -0.2x 0.1x 0.1x 1.28x
Capitalization / Revenue - 1.26x 1.02x 1.3x 0.69x 0.73x 0.7x 0.69x
EV / Revenue - 0x 0x 0x 0x 0.73x 0.7x 0.69x
EV / EBITDA - 0x 0x 0x 0x 1.61x 1.41x 1.28x
EV / EBIT - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - 0.116 0.119 0.126 0.19 0.29 0.3
Rate of return - - 2.72% 2.16% 3.46% 4.8% 7.32% 7.58%
EPS 2 0.33 0.4 0.4688 0.75 0.4 0.63 0.96 0.99
Distribution rate - - 24.7% 15.9% 31.5% 30.2% 30.2% 30.3%
Net sales 1 - 2,044 2,090 2,531 3,145 3,258 3,392 3,425
EBITDA 1 - 1,012 1,053 1,367 1,778 1,470 1,676 1,843
EBIT - 737.2 771 1,085 1,214 - - -
Net income 1 162.9 201.3 234.6 385 241.7 376 571 589
Net Debt - - 5,490 5,535 5,853 - - -
Reference price 2 4.620 5.150 4.260 5.500 3.640 3.960 3.960 3.960
Nbr of stocks (in thousands) 500,042 500,042 500,967 596,740 596,740 596,740 - -
Announcement Date 2/24/22 2/24/23 2/28/24 2/27/25 3/2/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.41x - - 4.7% 72.67M
22.96x3.75x13.08x2.89% 220B
14.1x1.55x8.16x3.4% 116B
-115.94x18.44x106.65x-.--% 115B
15.54x2.85x10.74x5.29% 91.23B
20.92x5.47x13.43x2.72% 63.24B
14.86x2.16x9.18x5.24% 48.26B
21.83x1.79x11.03x1.39% 42.01B
21.31x1.62x10.27x0.87% 40.75B
18.11x2.29x10.97x4.82% 37.32B
Average 4.01x 4.43x 21.50x 3.13% 77.42B
Weighted average by Cap. -0.91x 5.24x 25.38x 2.86%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. INET Stock
  4. Valuation Internet Thailand