Valuation 3BB Internet Infrastructure Fund

Stocks

End-of-day quote Thailand S.E. Other stock markets 08/07/2026			5-day change	1st Jan Change
6.500 ^THB	-0.76%		0.00%	+3.17%

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	52,000	52,000	-
Change	-	-21.84%	-22.36%	-16.8%	21.15%	3.17%	0%	-
Enterprise Value (EV)	96,728	64,400	63,047	53,744	60,462	52,000	56,514	56,058
Change	-	-33.42%	-2.1%	-14.76%	12.5%	-14%	8.68%	-0.81%
P/E	9.58x	8.02x	13.7x	-3.73x	9.55x	7.38x	34.2x	8.13x
PBR	0.93x	0.72x	0.59x	0.62x	0.75x	0.75x	0.79x	0.77x
PEG	-	-1.21x	-0.3x	0x	-0x	0.2x	-0.4x	0x
Capitalization / Revenue	8.12x	6.35x	4.87x	4.41x	6.78x	6.97x	6.96x	6.93x
EV / Revenue	0x	0x	0x	0x	0x	6.99x	6.96x	6.93x
EV / EBITDA	0x	0x	0x	0x	0x	7.71x	7.72x	7.69x
EV / EBIT	0x	0x	0x	0x	0x	7.74x	7.67x	7.68x
EV / FCF	-	-	0x	0x	0x	8.01x	7.98x	7.86x
FCF Yield	-	-	18.7%	20.6%	16.9%	11.6%	12.5%	12.7%
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%	-	7.94%	9.61%	9.97%
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	6.500	6.500	6.500
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%	157.29Cr
INDUS TOWERS LIMITED	14.01x	3.64x	6.65x	4.95%	1.06TCr
INWIT S.P.A.	17.68x	10.37x	11.53x	8.37%	676.63Cr
DIGITAL TELECOMMUNICATIONS INFRASTRUCTURE FUND	9.13x	9.18x	9.4x	8.72%	325.51Cr
UNITI GROUP INC.	-5.9x	3.55x	8.9x	-.--%	261.51Cr
STATE GRID INFORMATION & COMMUNICATION CO., LTD.	17.58x	-	-	1.73%	244.96Cr
CHORUS LIMITED	81.3x	7.17x	10.19x	6.23%	237.58Cr
PT DAYAMITRA TELEKOMUNIKASI TBK.	18.74x	6.06x	7.46x	4.5%	223.42Cr
PT TOWER BERSAMA INFRASTRUCTURE TBK	21.69x	8.61x	10.22x	3.57%	176.47Cr
PT SARANA MENARA NUSANTARA TBK.	5.73x	4.61x	5.81x	4.92%	120.82Cr
Average	18.81x	6.65x	8.77x	5.22%	348.79Cr
Weighted average by Cap.	17.75x	6.46x	8.70x	5.55%