Valuation 3BB Internet Infrastructure Fund

Stocks

End-of-day quote Thailand S.E. Other stock markets 17/07/2026			5-day change	1st Jan Change
6.550 ^THB	-0.76%		0.00%	+3.97%

08/05	Kasikorn Securities Downgrades 3BB Internet Infrastructure Fund to Underperform from Neutral; Price Target is THB6.10	MT
24/02	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	52,400	52,400	-
Change	-	-21.84%	-22.36%	-16.8%	21.15%	3.97%	0%	-
Enterprise Value (EV)	96,728	64,400	63,047	53,744	60,462	52,400	56,914	56,458
Change	-	-33.42%	-2.1%	-14.76%	12.5%	-13.33%	8.61%	-0.8%
P/E	9.58x	8.02x	13.7x	-3.73x	9.55x	7.44x	34.5x	8.19x
PBR	0.93x	0.72x	0.59x	0.62x	0.75x	0.76x	0.8x	0.77x
PEG	-	-1.21x	-0.3x	0x	-0x	0.2x	-0.5x	0x
Capitalization / Revenue	8.12x	6.35x	4.87x	4.41x	6.78x	7.03x	7.01x	6.98x
EV / Revenue	0x	0x	0x	0x	0x	7.04x	7.01x	6.98x
EV / EBITDA	0x	0x	0x	0x	0x	7.77x	7.78x	7.75x
EV / EBIT	0x	0x	0x	0x	0x	7.8x	7.73x	7.73x
EV / FCF	-	-	0x	0x	0x	8.08x	8.04x	7.92x
FCF Yield	-	-	18.7%	20.6%	16.9%	11.5%	12.4%	12.6%
Dividend per Share ²	0.99	0.95	0.92	0.69	-	0.5159	0.6248	0.6483
Rate of return	9.61%	11.8%	14.7%	13.3%	-	7.88%	9.54%	9.9%
EPS ²	1.075	1.004	0.4563	-1.392	0.6599	0.8805	0.19	0.7999
Distribution rate	92.1%	94.6%	202%	-49.6%	-	58.6%	329%	81.1%
Net sales ¹	10,144	10,144	10,269	9,437	7,429	7,459	7,472	7,509
EBITDA ¹	9,531	9,519	9,617	8,770	6,723	6,753	6,734	6,759
EBIT ¹	9,531	9,519	9,617	8,770	6,723	6,753	6,780	6,775
Net income ¹	9,101	8,030	3,650	-11,139	5,279	7,044	1,522	6,448
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	6.550	6.550	6.550
Nbr of stocks (in thousands)	80,00,000	80,00,000	80,00,000	80,00,000	80,00,000	80,00,000	80,00,000	-
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
3BB INTERNET INFRASTRUCTURE FUND	8.18x	-	-	9.18%	155.81Cr
INDUS TOWERS LIMITED	14.76x	3.8x	6.95x	4.7%	1.1TCr
INWIT S.P.A.	17.36x	10.23x	11.37x	8.72%	652.73Cr
DIGITAL TELECOMMUNICATIONS INFRASTRUCTURE FUND	9.13x	9.14x	9.38x	8.72%	322.45Cr
UNITI GROUP INC.	-6.05x	3.57x	8.94x	-.--%	268.07Cr
STATE GRID INFORMATION & COMMUNICATION CO., LTD.	17.85x	-	-	1.7%	249.28Cr
CHORUS LIMITED	81.22x	7.17x	10.18x	6.24%	243.95Cr
PT DAYAMITRA TELEKOMUNIKASI TBK.	17.38x	5.76x	7.07x	4.85%	207.85Cr
PT TOWER BERSAMA INFRASTRUCTURE TBK	21.55x	8.64x	10.24x	3.5%	178.29Cr
PT SARANA MENARA NUSANTARA TBK.	6.28x	4.76x	6x	4.49%	132.87Cr
Average	18.77x	6.63x	8.77x	5.21%	351.63Cr
Weighted average by Cap.	17.86x	6.40x	8.71x	5.49%