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 2,447 - -
Change - 11.47% -17.13% 53.79% -33.82% 12.64% - -
Enterprise Value (EV) 2,310 2,575 7,624 8,817 8,025 2,447 2,447 2,447
Change - 11.47% 196.06% 15.64% -8.98% -69.51% 0% 0%
P/E 14x 12.9x 9.09x 7.33x 9.1x 7.32x 5.69x 4.36x
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 0.63x 0.58x
EV / Revenue - 0x 0x 0x 0x 0.7x 0.63x 0.58x
EV / EBITDA - 0x 0x 0x 0x 1.34x 1.27x 1.15x
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% 4.15% 5.12% 6.83%
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 4.100 4.100 4.100
Nbr of stocks (in thousands) 500,042 500,042 500,967 596,740 596,740 596,740 - -
Announcement Date 24/2/22 24/2/23 28/2/24 27/2/25 2/3/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.32x - - 4.15% 72.7M
21.16x3.48x12.12x3.16% 202B
-93.89x14.84x85.94x-.--% 92.91B
10.88x1.2x6.29x4.42% 89.95B
14.62x2.66x10.06x5.62% 84.7B
20.17x5.27x12.97x2.84% 59.85B
13.61x1.98x8.38x5.73% 43.77B
17.31x2.21x10.6x5.02% 35.71B
18.74x1.51x9.48x1.58% 34.75B
19.59x1.45x9.18x1.01% 34.43B
Average 4.95x 3.85x 18.34x 3.35% 67.79B
Weighted average by Cap. 2.23x 4.42x 20.68x 3.25%

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