Company Valuation: Netbay

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 2,280 - -
Change - 5.93% -0.8% -31.45% 25.29% -46.48% - -
Enterprise Value (EV) 1 4,720 4,938 4,878 3,292 4,068 2,074 1,957 1,903
Change - 4.62% -1.22% -32.5% 23.57% -49.02% -5.63% -2.76%
P/E 28.4x 29.4x 27.6x 15.7x 16x 15.2x 9.19x 8.32x
PBR 9.79x - - - - - - -
PEG - 12.2x 4.69x 0.8x 0.7x -0.3x 0.1x 0.8x
Capitalization / Revenue 11.8x 10.9x 10.2x 5.85x 5.85x 4.19x 2.9x 2.67x
EV / Revenue 11.8x 10.8x 10x 5.66x 5.59x 3.81x 2.49x 2.23x
EV / EBITDA 23.4x 21.9x 20.6x 11.1x 11.2x 9.33x 5.64x 5x
EV / EBIT 25.2x 23.3x 22.1x 12.1x 12.2x 11x 6.27x 5.53x
EV / FCF 23.1x 36.8x 25.1x 27.2x 14.7x 11.6x 7.67x 6.75x
FCF Yield 4.33% 2.72% 3.98% 3.67% 6.82% 8.59% 13% 14.8%
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% 5.88% 9.82% 10.8%
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 11.40 11.40 11.40
Nbr of stocks (in thousands) 200,000 200,000 200,000 200,000 200,000 200,000 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/21/25 2/25/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.87x3.44x8.43x6.44% 62.46M
20.09x3.48x8.95x1.05% 134B
-941.55x30.47x130.44x-.--% 87.06B
-18.57x6.98x12.07x-.--% 46.75B
724.68x13.61x35.55x-.--% 15.09B
48.36x4.58x18.19x-.--% 13.84B
49.22x5.02x16.37x-.--% 13.23B
-60.06x198.02x-69.19x - 8.71B
25.85x5.98x13.46x-.--% 5.05B
14.59x3.1x8.23x-.--% 4.44B
Average -12.35x 27.47x 18.25x 0.83% 32.79B
Weighted average by Cap. -208.07x 16.92x 41.55x 0.44%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield