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 2,399 - -
Change - 11.47% -17.13% 53.79% -33.82% 10.44% - -
Enterprise Value (EV) 2,310 2,575 7,624 8,817 8,025 2,399 2,399 2,399
Change - 11.47% 196.06% 15.64% -8.98% -70.11% 0% 0%
P/E 14x 12.9x 9.09x 7.33x 9.1x 7.18x 5.58x 4.28x
PBR - - 0.82x 0.96x 0.61x - - -
PEG - 0.6x 0.5x 0.1x -0.2x 0.2x 0.2x 0.1x
Capitalization / Revenue - 1.26x 1.02x 1.3x 0.69x 0.68x 0.62x 0.57x
EV / Revenue - 0x 0x 0x 0x 0.68x 0.62x 0.57x
EV / EBITDA - 0x 0x 0x 0x 1.31x 1.24x 1.13x
EV / EBIT - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - 0.116 0.119 0.126 0.17 0.21 0.28
Rate of return - - 2.72% 2.16% 3.46% 4.23% 5.22% 6.97%
EPS 2 0.33 0.4 0.4688 0.75 0.4 0.56 0.72 0.94
Distribution rate - - 24.7% 15.9% 31.5% 30.4% 29.2% 29.8%
Net sales 1 - 2,044 2,090 2,531 3,145 3,510 3,858 4,191
EBITDA 1 - 1,012 1,053 1,367 1,778 1,827 1,930 2,123
EBIT - 737.2 771 1,085 1,214 - - -
Net income 1 162.9 201.3 234.6 385 241.7 335 427 564
Net Debt - - 5,490 5,535 5,853 - - -
Reference price 2 4.620 5.150 4.260 5.500 3.640 4.020 4.020 4.020
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.($)
7.18x - - 4.23% 72.43M
23.66x3.81x13.3x2.83% 225B
-117.13x18.65x107.67x-.--% 116B
13.33x1.47x7.73x3.61% 110B
15.84x2.9x10.95x5.19% 92.77B
20.42x5.36x13.16x2.79% 61.54B
15.59x2.28x9.68x5.01% 50.56B
21.73x1.58x10.05x0.87% 40.71B
20.98x1.72x10.51x1.4% 40.51B
18.6x2.44x11.46x4.68% 38.74B
Average 4.02x 4.47x 21.61x 3.06% 77.54B
Weighted average by Cap. -1.05x 5.31x 25.67x 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