Valuation 3BB Internet Infrastructure Fund

Equities

End-of-day quote Thailand S.E. Other stock markets 16/07/2025			5-day change	1st Jan Change
6.100 ^THB	0.00%		+1.67%	+17.31%

27/06	3BB Internet Infrastructure Fund Announces Investment Advisory Committee Member Changes, effective July 1, 2025	CI
2024	Jasmine Broadband Internet Infrastructure Fund Change of Investment Advisory Committee Member	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	76,000	82,400	64,400	50,000	41,600	48,800	48,800	-
Change	-	8.42%	-21.84%	-22.36%	-16.8%	17.31%	0%	-
Enterprise Value (EV) ¹	90,836	96,728	64,400	63,047	53,744	58,862	57,662	53,938
Change	-	6.49%	-33.42%	-2.1%	-14.76%	9.52%	0.05%	-6.46%
P/E ratio	7.09x	9.58x	8.02x	13.7x	-3.73x	9.24x	7.81x	7.69x
PBR	0.87x	0.93x	0.72x	0.59x	0.62x	0.73x	0.59x	0.62x
PEG	-	-0.5x	-1.21x	-0.3x	0x	-0x	0.1x	4.78x
Capitalization / Revenue	12x	8.12x	6.35x	4.87x	4.41x	6.57x	6.56x	6.49x
EV / Revenue	14.3x	9.54x	6.35x	6.14x	5.7x	7.92x	7.75x	7.17x
EV / EBITDA	15.3x	10.1x	6.77x	6.56x	6.13x	8.75x	8.56x	7.94x
EV / EBIT	15.6x	10.1x	6.77x	6.56x	6.13x	8.75x	8.59x	7.97x
EV / FCF	-	-	-	6.74x	6.26x	6.91x	8.91x	8.52x
FCF Yield	-	-	-	14.8%	16%	14.5%	11.2%	11.7%
Dividend per Share ²	0.93	0.99	0.95	0.92	0.69	0.692	0.6355	0.6377
Rate of return	9.79%	9.61%	11.8%	14.7%	13.3%	11.3%	10.4%	10.5%
EPS ²	1.34	1.075	1.004	0.4563	-1.392	0.6599	0.7807	0.7933
Distribution rate	69.4%	92.1%	94.6%	202%	-49.6%	151%	81.4%	80.4%
Net sales ¹	6,355	10,144	10,144	10,269	9,437	7,429	7,436	7,521
EBITDA ¹	5,950	9,531	9,519	9,617	8,770	6,723	6,738	6,796
EBIT ¹	5,817	9,531	9,519	9,617	8,770	6,723	6,714	6,766
Net income ¹	10,717	9,101	8,030	3,650	-11,139	5,279	6,200	6,390
Net Debt ¹	14,836	14,328	-	13,047	12,144	10,062	8,862	5,138
Reference price ²	9.500	10.300	8.050	6.250	5.200	6.100	6.100	6.100
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	04/02/20	11/02/21	21/02/22	03/04/23	03/04/24	04/04/25	-	-

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	13.31x	7.76x	8.61x	11.34%	150.62Cr
INDUS TOWERS LIMITED	14.89x	3.85x	7.19x	5.09%	1.27TCr
INWIT S.P.A.	25.19x	13.3x	14.5x	5.28%	1.11TCr
STATE GRID INFORMATION & COMMUNICATION CO., LTD.	23.36x	-	-	1.39%	300.54Cr
PT DAYAMITRA TELEKOMUNIKASI TBK.	21.39x	6.86x	8.28x	3.58%	292.84Cr
PT TOWER BERSAMA INFRASTRUCTURE TBK	28.49x	10.46x	12.38x	2.46%	269.96Cr
DIGITAL TELECOMMUNICATIONS INFRASTRUCTURE FUND	8.37x	7.44x	7.62x	10.96%	265.79Cr
CHORUS LIMITED	330.9x	6.67x	9.63x	6.7%	222.1Cr
PT SARANA MENARA NUSANTARA TBK.	8.59x	5.56x	6.65x	3.8%	178.19Cr
Average	52.72x	7.74x	9.36x	5.62%	451.77Cr
Weighted average by Cap.	36.21x	8.01x	10.01x	5.23%