Thai Software Undervalued over 20% based on DCF

Sky ICT

Market Cap: ฿12.8b

Engages in information and communication technology (ICT), and system integration businesses in Thailand.

Advanced Information Technology

Market Cap: ฿7.4b

Engages in sale, design, installation, project management, repair and maintenance, training, and turnkey for network infrastructure and information and communication technology systems in Thailand.

Bluebik Group

Market Cap: ฿4.2b

A service provider for software design and development, management strategic consulting, strategic project management, big data implementation and data analytics in Thailand and Laos.

Netbay

Market Cap: ฿2.4b

Engages in the provision of Software as a Service (SaaS) for online electronic transactions between business-to-government, business-to-business, and business-to-consumer groups in Thailand.