Valuation Advanced Info Service

Equities

ADVANC

TH0268010Z03

Wireless Telecommunications Services

End-of-day quote Thailand S.E. Other stock markets 21/01/2026			5-day change	1st Jan Change
349.00 ^THB	+2.05%		+5.12%	+11.50%

18/12	Advanced Info Service Public Company Limited Announces Board Changes, Effective December 19, 2025	CI
15/12	Bangkok Dusit Medical Services Public Company Limited Expands Scope and Renames Corporate Governance Committee to Corporate Governance and Sustainability Committee, Effective December 15, 2025	CI

Company Valuation: Advanced Info Service

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	5,23,346	6,84,003	5,79,971	6,45,404	8,53,598	10,37,999	10,37,999	-
Change	-	30.7%	-15.21%	11.28%	32.26%	21.6%	0%	-
Enterprise Value (EV) ¹	6,61,338	8,10,227	6,99,374	8,73,043	10,44,621	12,31,775	11,94,210	11,78,785
Change	-	22.51%	-13.68%	24.83%	19.65%	17.92%	-3.05%	-1.29%
P/E ratio	19.1x	25.4x	22.3x	22.2x	24.3x	23.3x	21.3x	20.3x
PBR	6.93x	8.37x	6.77x	7.12x	8.78x	10.3x	9.64x	9.61x
PEG	-	-13.02x	-6.73x	1.9x	1.2x	0.9x	2.2x	4.39x
Capitalization / Revenue	3.03x	3.77x	3.13x	3.42x	4x	4.63x	4.51x	4.42x
EV / Revenue	3.83x	4.47x	3.77x	4.62x	4.89x	5.49x	5.18x	5.02x
EV / EBITDA	7.4x	8.86x	7.78x	9.33x	9.36x	10.2x	9.49x	9.16x
EV / EBIT	17.6x	21.3x	18.9x	21.5x	20.7x	20.2x	18.1x	17.2x
EV / FCF	11.5x	13.3x	14.2x	17.3x	11.4x	18.6x	17.9x	17.1x
FCF Yield	8.71%	7.51%	7.02%	5.79%	8.75%	5.36%	5.6%	5.85%
Dividend per Share ²	6.92	7.69	7.69	8.61	10.61	13.64	15.1	15.98
Rate of return	3.93%	3.34%	3.94%	3.97%	3.7%	3.91%	4.33%	4.58%
EPS ²	9.23	9.05	8.75	9.78	11.79	14.96	16.4	17.16
Distribution rate	75%	85%	87.9%	88%	90%	91.2%	92.1%	93.1%
Net sales ¹	1,72,890	1,81,333	1,85,485	1,88,873	2,13,569	2,24,230	2,30,332	2,34,749
EBITDA ¹	89,385	91,408	89,862	93,527	1,11,612	1,20,585	1,25,873	1,28,717
EBIT ¹	37,543	38,034	36,960	40,646	50,384	61,082	66,012	68,687
Net income ¹	27,434	26,922	26,011	29,086	35,075	44,318	48,494	50,768
Net Debt ¹	1,37,992	1,26,224	1,19,403	2,27,640	1,91,023	1,93,776	1,56,210	1,40,786
Reference price ²	176.00	230.00	195.00	217.00	287.00	349.00	349.00	349.00
Nbr of stocks (in thousands)	29,73,554	29,73,926	29,74,210	29,74,210	29,74,210	29,74,210	29,74,210	-
Announcement Date	08/02/21	07/02/22	09/02/23	06/02/24	07/02/25	-	-	-

¹THB in Million²THB

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

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.($)
ADVANCED INFO SERVICE	23.33x	5.49x	10.21x	3.91%	3.33TCr
T-MOBILE US, INC.	18.33x	3.26x	8.51x	1.97%	21TCr
AT&T INC.	8.01x	2.27x	6.14x	4.72%	17TCr
SOFTBANK GROUP CORP.	8.13x	4.82x	22.31x	0.36%	14TCr
KDDI CORPORATION	13.75x	2.24x	7.27x	3.02%	6.43TCr
VODAFONE GROUP PLC	15.41x	1.35x	4.79x	4.17%	3.18TCr
CHINA UNICOM (HONG KONG) LIMITED	9.44x	0.39x	1.56x	6.85%	2.98TCr
TELENOR ASA	17.14x	3.55x	7.91x	6.6%	2.01TCr
VODACOM GROUP LIMITED	13.76x	1.99x	5.29x	5.08%	1.72TCr
Average	14.15x	2.82x	8.22x	4.08%	7.87TCr
Weighted average by Cap.	13.06x	3.12x	10.09x	3%