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 2,459 - -
Change - 11.47% -17.13% 53.79% -33.82% 13.19% - -
Enterprise Value (EV) 2,310 2,575 7,624 8,817 8,025 2,459 2,459 2,459
Change - 11.47% 196.06% 15.64% -8.98% -69.36% 0% 0%
P/E 14x 12.9x 9.09x 7.33x 9.1x 7.36x 5.72x 4.38x
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 0.7x 0.64x 0.59x
EV / Revenue - 0x 0x 0x 0x 0.7x 0.64x 0.59x
EV / EBITDA - 0x 0x 0x 0x 1.35x 1.27x 1.16x
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% 4.13% 5.1% 6.8%
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 4.120 4.120 4.120
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.($)
7.5x - - 4.05% 74.41M
22.12x3.44x12.18x3.21% 198B
-95.17x15.05x87.15x-.--% 94.18B
10.43x1.15x6.02x4.61% 86.2B
14.4x2.62x9.91x5.71% 83.44B
19.22x5.04x12.44x2.94% 57.34B
13.94x2.03x8.52x5.59% 45.13B
20.34x1.51x9.55x0.97% 35.87B
18.91x1.52x9.57x1.57% 35.22B
16.88x2.18x10.11x5.12% 34.82B
Average 4.86x 3.84x 18.39x 3.38% 67.01B
Weighted average by Cap. 1.83x 4.45x 21.03x 3.28%

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