Valuation 3BB Internet Infrastructure Fund

Stocks

End-of-day quote Thailand S.E. Other stock markets 24/06/2026			5-day change	1st Jan Change
6.450 ^THB	0.00%		-0.77%	+2.38%

05-08	Kasikorn Securities Downgrades 3BB Internet Infrastructure Fund to Underperform from Neutral; Price Target is THB6.10	MT
02-24	DBS Bank Downgrades 3BB Internet Infrastructure Fund to Hold from Buy, Price Target is THB6.80	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Market Cap ¹	82,400	64,400	50,000	41,600	50,400	51,600	51,600	-
Change	-	-21.84%	-22.36%	-16.8%	21.15%	2.38%	0%	-
Enterprise Value (EV)	96,728	64,400	63,047	53,744	60,462	51,600	56,114	55,658
Change	-	-33.42%	-2.1%	-14.76%	12.5%	-14.66%	8.75%	-0.81%
P/E	9.58x	8.02x	13.7x	-3.73x	9.55x	7.33x	8.45x	8.06x
PBR	0.93x	0.72x	0.59x	0.62x	0.75x	0.75x	0.78x	0.76x
PEG	-	-1.21x	-0.3x	0x	-0x	0.2x	-1.83x	1.68x
Capitalization / Revenue	8.12x	6.35x	4.87x	4.41x	6.78x	6.92x	6.91x	6.87x
EV / Revenue	0x	0x	0x	0x	0x	6.93x	6.91x	6.87x
EV / EBITDA	0x	0x	0x	0x	0x	7.65x	7.7x	7.63x
EV / EBIT	0x	0x	0x	0x	0x	7.68x	7.7x	7.62x
EV / FCF	-	-	0x	0x	0x	7.95x	7.92x	7.8x
FCF Yield	-	-	18.7%	20.6%	16.9%	11.6%	12.6%	12.8%
Dividend per Share ²	0.99	0.95	0.92	0.69	-	0.5159	0.6292	0.6517
Rate of return	9.61%	11.8%	14.7%	13.3%	-	8%	9.76%	10.1%
EPS ²	1.075	1.004	0.4563	-1.392	0.6599	0.8805	0.7634	0.7999
Distribution rate	92.1%	94.6%	202%	-49.6%	-	58.6%	82.4%	81.5%
Net sales ¹	10,144	10,144	10,269	9,437	7,429	7,459	7,468	7,509
EBITDA ¹	9,531	9,519	9,617	8,770	6,723	6,753	6,699	6,766
EBIT ¹	9,531	9,519	9,617	8,770	6,723	6,753	6,705	6,775
Net income ¹	9,101	8,030	3,650	-11,139	5,279	7,044	6,115	6,456
Net Debt	14,328	-	13,047	12,144	10,062	-	4,514	4,058
Reference price ²	10.300	8.050	6.250	5.200	6.300	6.450	6.450	6.450
Nbr of stocks (in thousands)	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000	-
Announcement Date	11/02/21	21/02/22	03/04/23	03/04/24	04/04/25	01/04/26	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
3BB INTERNET INFRASTRUCTURE FUND	8.06x	-	-	9.33%	1.55B
INDUS TOWERS LIMITED	14.64x	3.78x	6.9x	4.74%	11.14B
INWIT S.P.A.	17.1x	10.17x	11.29x	8.68%	6.54B
DIGITAL TELECOMMUNICATIONS INFRASTRUCTURE FUND	9.04x	9.1x	9.32x	8.81%	3.23B
UNITI GROUP INC.	-6.29x	3.6x	9.02x	-.--%	2.79B
STATE GRID INFORMATION & COMMUNICATION CO., LTD.	19.73x	-	-	1.54%	2.75B
CHORUS LIMITED	84.17x	7.32x	10.39x	6.02%	2.46B
PT DAYAMITRA TELEKOMUNIKASI TBK.	18.74x	6.03x	7.46x	4.5%	2.25B
PT TOWER BERSAMA INFRASTRUCTURE TBK	22.15x	8.71x	10.34x	3.49%	1.81B
PT SARANA MENARA NUSANTARA TBK.	5.59x	4.59x	5.79x	4.97%	1.2B
Average	19.29x	6.66x	8.81x	5.21%	3.57B
Weighted average by Cap.	18.17x	6.39x	8.72x	5.43%