Valuation Netbay

Stocks

End-of-day quote Thailand S.E. Other stock markets 31/07/2026			5-day change	1st Jan Change
13.50 ^THB	+3.85%		-.--%	-36.62%

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	2,700	-	-
Change	-	5.93%	-0.8%	-31.45%	25.29%	-36.62%	-	-
Enterprise Value (EV) ¹	4,720	4,938	4,878	3,292	4,068	2,494	2,377	2,323
Change	-	4.62%	-1.22%	-32.5%	23.57%	-38.7%	-4.68%	-2.27%
P/E	28.4x	29.4x	27.6x	15.7x	16x	18x	10.9x	9.85x
PBR	9.79x	-	-	-	-	-	-	-
PEG	-	12.2x	4.69x	0.8x	0.7x	-0.4x	0.2x	0.9x
Capitalization / Revenue	11.8x	10.9x	10.2x	5.85x	5.85x	4.96x	3.44x	3.17x
EV / Revenue	11.8x	10.8x	10x	5.66x	5.59x	4.58x	3.03x	2.72x
EV / EBITDA	23.4x	21.9x	20.6x	11.1x	11.2x	11.2x	6.85x	6.1x
EV / EBIT	25.2x	23.3x	22.1x	12.1x	12.2x	13.2x	7.62x	6.76x
EV / FCF	23.1x	36.8x	25.1x	27.2x	14.7x	14x	9.32x	8.24x
FCF Yield	4.33%	2.72%	3.98%	3.67%	6.82%	7.14%	10.7%	12.1%
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%	4.96%	8.3%	9.11%
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	23.60	25.00	24.80	17.00	21.30	13.50	13.50	13.50
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NETBAY	18x	4.58x	11.22x	4.96%	8.08Cr
SALESFORCE, INC.	22.49x	3.83x	9.86x	0.93%	15TCr
CLOUDFLARE, INC.	-1066.44x	34.72x	148.64x	-.--%	9.9TCr
COREWEAVE, INC.	-14.22x	6.45x	11.17x	-.--%	3.92TCr
NUTANIX, INC.	55.46x	5.33x	21.15x	-.--%	1.6TCr
DIGITALOCEAN HOLDINGS, INC.	489.58x	12.25x	32.02x	-.--%	1.37TCr
DYNATRACE, INC.	48.07x	4.86x	15.85x	-.--%	1.29TCr
D-WAVE QUANTUM INC.	-45.97x	149.99x	-52.19x	-	669.76Cr
QUALYS, INC.	26.11x	6.04x	13.62x	-.--%	509.77Cr
IONOS GROUP SE	16.25x	3.35x	8.93x	-.--%	491.37Cr
Average	-45.07x	23.14x	22.03x	0.65%	3.48TCr
Weighted average by Cap.	-271.75x	16.18x	49.93x	0.41%