Valuation Netbay

Stocks

End-of-day quote Thailand S.E. 02/10/2026			5-day change	1st Jan Change
11.70 ^THB	+0.86%		-1.68%	-45.07%

19/09	NETbay Public Company Limited Announces Board and Committee Changes, Effective October 1, 2026	CI
11/08	Netbay Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	4,720	5,000	4,960	3,400	4,260	2,340	-	-
Change	-	5.93%	-0.8%	-31.45%	25.29%	-45.07%	-	-
Enterprise Value (EV) ¹	4,720	4,938	4,878	3,292	4,068	2,134	2,017	1,963
Change	-	4.62%	-1.22%	-32.5%	23.57%	-47.55%	-5.47%	-2.68%
P/E	28.4x	29.4x	27.6x	15.7x	16x	15.6x	9.44x	8.54x
PBR	9.79x	-	-	-	-	-	-	-
PEG	-	12.2x	4.69x	0.8x	0.7x	-0.4x	0.1x	0.8x
Capitalization / Revenue	11.8x	10.9x	10.2x	5.85x	5.85x	4.3x	2.98x	2.74x
EV / Revenue	11.8x	10.8x	10x	5.66x	5.59x	3.92x	2.57x	2.3x
EV / EBITDA	23.4x	21.9x	20.6x	11.1x	11.2x	9.61x	5.81x	5.15x
EV / EBIT	25.2x	23.3x	22.1x	12.1x	12.2x	11.3x	6.46x	5.71x
EV / FCF	23.1x	36.8x	25.1x	27.2x	14.7x	12x	7.91x	6.97x
FCF Yield	4.33%	2.72%	3.98%	3.67%	6.82%	8.35%	12.6%	14.4%
Dividend per Share ²	0.7945	0.8162	0.8983	1.179	1.579	0.67	1.12	1.23
Rate of return	3.37%	3.26%	3.62%	6.94%	7.41%	5.73%	9.57%	10.5%
EPS ²	0.83	0.85	0.9	1.08	1.33	0.75	1.24	1.37
Distribution rate	95.7%	96%	99.8%	109%	119%	89.3%	90.3%	89.8%
Net sales ¹	400.5	457.2	487.4	581.5	728.2	544	786	853
EBITDA ¹	201.9	225.5	236.6	296.7	364.3	222	347	381
EBIT ¹	187.1	211.7	220.8	271	333.7	189	312.1	343.9
Net income ¹	165.6	169.7	180.3	215.9	265.6	150	248	273
Net Debt ¹	-	-61.81	-82.15	-107.6	-191.5	-206	-322.7	-376.7
Reference price ²	23.60	25.00	24.80	17.00	21.30	11.70	11.70	11.70
Nbr of stocks (in thousands)	2,00,000	2,00,000	2,00,000	2,00,000	2,00,000	2,00,000	-	-
Announcement Date	24/02/22	23/02/23	22/02/24	21/02/25	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.($)
NETBAY	15.6x	3.92x	9.61x	5.73%	6.97Cr
IBM	21.86x	3.6x	12.56x	3.04%	21TCr
SALESFORCE, INC.	22.46x	4.73x	11.6x	0.74%	19TCr
CLOUDFLARE, INC.	-602.19x	42.83x	175.97x	-.--%	12TCr
SNOWFLAKE INC.	-134.17x	18.65x	103.28x	-.--%	12TCr
ACCENTURE PLC	14.77x	1.61x	8.44x	3.25%	12TCr
TATA CONSULTANCY SERVICES LTD.	13.47x	2.43x	9.22x	6.1%	7.81TCr
RELX PLC	19.46x	5.19x	12.74x	2.88%	5.82TCr
COREWEAVE, INC.	-17.53x	7.42x	12.62x	-.--%	4.94TCr
FUJITSU LIMITED	22.77x	1.89x	11.94x	1.37%	4.48TCr
Average	-62.35x	9.23x	36.80x	2.31%	9.96TCr
Weighted average by Cap.	-78.24x	10.40x	42.93x	1.88%