Valuation Information and Communication Networks

Stocks

End-of-day quote Thailand S.E. 11/09/2026			5-day change	1st Jan Change
2.180 ^THB	0.00%		+3.81%	+27.49%

27/08	Information & Communication Secures Two Contracts Worth THB176 Million	MT
27/08	Information and Communication Networks Public Company Limited Receives Contract for Purchase and Installation of Communication Equipment for Teleprotection System in Provincial Electricity Authority Region 3	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	1,134	2,430	2,360	1,842	1,385	1,149
Change	-	114.29%	-2.86%	-21.98%	-24.82%	-16.99%
Enterprise Value (EV) ¹	1,040	2,444	2,357	1,836	1,101	1,332
Change	-	135.02%	-3.54%	-22.12%	-40.01%	20.95%
P/E	10.2x	15.9x	17.4x	9.87x	9.34x	11.3x
PBR	1.98x	3.75x	2.95x	2.11x	1.56x	1.31x
PEG	-	0.4x	-0.5x	0.4x	-0.5x	-0.4x
Capitalization / Revenue	0.77x	1.38x	1.63x	0.99x	0.97x	1.03x
EV / Revenue	0.71x	1.39x	1.63x	0.99x	0.77x	1.2x
EV / EBITDA	7.1x	12x	13.6x	5.75x	3.2x	4.64x
EV / EBIT	7.31x	12.2x	14x	8.28x	5.8x	10.2x
EV / FCF	19.7x	-17.5x	-17.9x	14.7x	2.19x	-3.64x
FCF Yield	5.08%	-5.72%	-5.59%	6.8%	45.7%	-27.5%
Dividend per Share ²	0.18	0.3	0.2	0.23	0.2	0.15
Rate of return	7.14%	5.56%	5.24%	8.39%	9.71%	8.77%
EPS ²	0.2481	0.34	0.22	0.2775	0.2206	0.1517
Distribution rate	72.5%	88.2%	90.9%	82.9%	90.6%	98.9%
Net sales ¹	1,471	1,764	1,444	1,860	1,426	1,112
EBITDA ¹	146.4	204.3	173	319.2	344.5	287.2
EBIT ¹	142.3	199.6	168.1	221.8	189.8	130.7
Net income ¹	111.7	157	132.5	175	148.3	102
Net Debt ¹	-94.13	13.91	-3.041	-5.642	-283.1	182.8
Reference price ²	2.520	5.400	3.820	2.740	2.060	1.710
Nbr of stocks (in thousands)	4,50,000	4,50,000	6,17,920	6,72,100	6,72,100	6,72,100
Announcement Date	25/02/21	23/02/22	23/02/23	22/02/24	20/02/25	25/02/26

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
INFORMATION AND COMMUNICATION NETWORKS	-	-	-	-	4.43Cr
INDUS TOWERS LIMITED	13.24x	3.35x	6.2x	4.56%	1.03TCr
INWIT S.P.A.	17.61x	10.45x	11.63x	8.66%	687.51Cr
DIGITAL TELECOMMUNICATIONS INFRASTRUCTURE FUND	9.04x	9.07x	9.31x	8.81%	324.94Cr
STATE GRID INFORMATION & COMMUNICATION CO., LTD.	23.19x	-	-	1.3%	260.57Cr
UNITI GROUP INC.	-4.77x	3.5x	8.64x	-.--%	239.57Cr
PT DAYAMITRA TELEKOMUNIKASI TBK.	18.65x	6.03x	7.34x	4.51%	226.98Cr
CHORUS LIMITED	56.18x	6.97x	9.81x	7.03%	222.33Cr
PT TOWER BERSAMA INFRASTRUCTURE TBK	22.62x	8.86x	10.49x	3.34%	190.43Cr
3BB INTERNET INFRASTRUCTURE FUND	8x	-	-	9.4%	154.94Cr
Average	18.20x	6.89x	9.06x	5.29%	333.78Cr
Weighted average by Cap.	16.74x	6.52x	8.67x	5.55%