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 2,602 - -
Change - 11.47% -17.13% 53.79% -33.82% 19.78% - -
Enterprise Value (EV) 2,310 2,575 7,624 8,817 8,025 2,602 2,602 2,602
Change - 11.47% 196.06% 15.64% -8.98% -67.58% 0% 0%
P/E 14x 12.9x 9.09x 7.33x 9.1x 7.79x 6.06x 4.64x
PBR - - 0.82x 0.96x 0.61x - - -
PEG - 0.6x 0.5x 0.1x -0.2x 0.2x 0.2x 0.2x
Capitalization / Revenue - 1.26x 1.02x 1.3x 0.69x 0.74x 0.67x 0.62x
EV / Revenue - 0x 0x 0x 0x 0.74x 0.67x 0.62x
EV / EBITDA - 0x 0x 0x 0x 1.42x 1.35x 1.23x
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% 3.9% 4.82% 6.42%
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 4.360 4.360 4.360
Nbr of stocks (in thousands) 500,042 500,042 500,967 596,740 596,740 596,740 - -
Announcement Date 24/02/22 24/02/23 28/02/24 27/02/25 02/03/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.15x4.51x15.75x2.33% 272B
-91.12x14.39x83.34x-.--% 90.17B
10.21x1.12x5.88x4.73% 84.05B
13.47x2.45x9.09x6.14% 79.55B
18.39x4.85x11.97x3.1% 54.92B
13.6x1.99x8.34x5.73% 44.51B
18.97x1.52x9.56x1.51% 35.78B
19.31x1.42x9.05x1.03% 34.28B
15.52x1.98x9.21x5.57% 32.37B
Average 5.17x 3.80x 18.02x 3.35% 80.86B
Weighted average by Cap. 6.64x 4.59x 20.61x 3.04%

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. IE2A Stock
  5. Valuation Internet Thailand