Company Valuation: Netbay

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,720 5,000 4,960 3,400 4,260 2,840 - -
Change - 5.93% -0.8% -31.45% 25.29% -33.33% - -
Enterprise Value (EV) 1 4,720 4,938 4,878 3,292 4,068 2,634 2,517 2,463
Change - 4.62% -1.22% -32.5% 23.57% -35.26% -4.43% -2.15%
P/E 28.4x 29.4x 27.6x 15.7x 16x 18.9x 11.5x 10.4x
PBR 9.79x - - - - - - -
PEG - 12.2x 4.69x 0.8x 0.7x -0.4x 0.2x 1x
Capitalization / Revenue 11.8x 10.9x 10.2x 5.85x 5.85x 5.22x 3.62x 3.33x
EV / Revenue 11.8x 10.8x 10x 5.66x 5.59x 4.84x 3.2x 2.89x
EV / EBITDA 23.4x 21.9x 20.6x 11.1x 11.2x 11.9x 7.26x 6.47x
EV / EBIT 25.2x 23.3x 22.1x 12.1x 12.2x 13.9x 8.07x 7.16x
EV / FCF 23.1x 36.8x 25.1x 27.2x 14.7x 14.8x 9.87x 8.74x
FCF Yield 4.33% 2.72% 3.98% 3.67% 6.82% 6.76% 10.1% 11.4%
Dividend per Share 2 0.7945 0.8162 0.8983 1.179 1.579 0.67 1.12 1.23
Rate of return 3.37% 3.26% 3.62% 6.94% 7.41% 4.72% 7.89% 8.66%
EPS 2 0.83 0.85 0.9 1.08 1.33 0.75 1.24 1.37
Distribution rate 95.7% 96% 99.8% 109% 119% 89.3% 90.3% 89.8%
Net sales 1 400.5 457.2 487.4 581.5 728.2 544.2 785.5 852.8
EBITDA 1 201.9 225.5 236.6 296.7 364.3 222.2 346.9 380.6
EBIT 1 187.1 211.7 220.8 271 333.7 189.4 312.1 343.9
Net income 1 165.6 169.7 180.3 215.9 265.6 149.8 247.9 273.3
Net Debt 1 - -61.81 -82.15 -107.6 -191.5 -206 -322.7 -376.7
Reference price 2 23.60 25.00 24.80 17.00 21.30 14.20 14.20 14.20
Nbr of stocks (in thousands) 200,000 200,000 200,000 200,000 200,000 200,000 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/21/25 2/25/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.93x4.84x11.85x4.72% 84.11M
19.92x3.46x8.9x1.05% 133B
-1028.21x33.46x143.24x-.--% 95.47B
-16.79x6.88x11.93x-.--% 45.09B
620.35x14.86x38.74x-.--% 16.68B
50.15x4.79x19.01x-.--% 14.42B
44.86x4.5x14.65x-.--% 12B
-44.35x143.76x-50.49x - 6.43B
25.3x5.82x13.12x-.--% 4.94B
15.8x3.28x8.7x-.--% 4.74B
Average -29.40x 22.56x 21.96x 0.64% 33.34B
Weighted average by Cap. -254.20x 15.92x 48.84x 0.43%

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