Valuation Netbay

Stocks

End-of-day quote Thailand S.E. Other stock markets 23/06/2026			5-day change	1st Jan Change
9.750 ^THB	-1.02%		+3.72%	-54.23%

14/05	Netbay Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
22/04	Netbay PCL says court ordered co to remit NSW service fee totaling 323.2 million baht, others	RE

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	1,950	-	-
Change	-	5.93%	-0.8%	-31.45%	25.29%	-54.23%	-	-
Enterprise Value (EV) ¹	4,720	4,938	4,878	3,292	4,068	1,744	1,627	1,573
Change	-	4.62%	-1.22%	-32.5%	23.57%	-57.13%	-6.69%	-3.32%
P/E	28.4x	29.4x	27.6x	15.7x	16x	13x	7.86x	7.12x
PBR	9.79x	-	-	-	-	-	-	-
PEG	-	12.2x	4.69x	0.8x	0.7x	-0.3x	0.1x	0.7x
Capitalization / Revenue	11.8x	10.9x	10.2x	5.85x	5.85x	3.58x	2.48x	2.29x
EV / Revenue	11.8x	10.8x	10x	5.66x	5.59x	3.2x	2.07x	1.84x
EV / EBITDA	23.4x	21.9x	20.6x	11.1x	11.2x	7.85x	4.69x	4.13x
EV / EBIT	25.2x	23.3x	22.1x	12.1x	12.2x	9.21x	5.21x	4.57x
EV / FCF	23.1x	36.8x	25.1x	27.2x	14.7x	9.79x	6.38x	5.58x
FCF Yield	4.33%	2.72%	3.98%	3.67%	6.82%	10.2%	15.7%	17.9%
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%	6.87%	11.5%	12.6%
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	544.2	785.5	852.8
EBITDA ¹	201.9	225.5	236.6	296.7	364.3	222.2	346.9	380.6
EBIT ¹	187.1	211.7	220.8	271	333.7	189.4	312.1	343.9
Net income ¹	165.6	169.7	180.3	215.9	265.6	149.8	247.9	273.3
Net Debt ¹	-	-61.81	-82.15	-107.6	-191.5	-206	-322.7	-376.7
Reference price ²	23.600	25.000	24.800	17.000	21.300	9.750	9.750	9.750
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	13.13x	3.24x	7.94x	6.8%	5.98Cr
SALESFORCE, INC.	18.45x	3.24x	8.49x	1.14%	12TCr
CLOUDFLARE, INC.	-795.61x	26.96x	115.41x	-.--%	7.72TCr
COREWEAVE, INC.	-24.48x	8.09x	13.91x	-.--%	6.07TCr
DIGITALOCEAN HOLDINGS, INC.	833.24x	15.59x	40.72x	-.--%	1.73TCr
NUTANIX, INC.	44.03x	4.14x	16.45x	-.--%	1.26TCr
DYNATRACE, INC.	43.88x	4.4x	14.37x	-.--%	1.18TCr
D-WAVE QUANTUM INC.	-61.37x	207.21x	-72.5x	-	906.48Cr
IONOS GROUP SE	13.61x	2.92x	7.74x	-.--%	416.69Cr
QUALYS, INC.	19.6x	4.27x	9.62x	-.--%	382.14Cr
Average	10.45x	28.01x	16.22x	0.88%	3.2TCr
Weighted average by Cap.	-142.40x	16.43x	35.32x	0.45%