DB:IE2A

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Internet Thailand

Executive Summary

Internet Thailand Public Company Limited, together with its subsidiaries, provides Internet access, and information technology and communication integrated services for businesses and individuals in Thailand.


Snowflake Analysis

Fair value with poor track record.


Similar Companies

Share Price & News

How has Internet Thailand's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IE2A's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

IE2A

1.7%

DE IT

2.4%

DE Market


1 Year Return

-30.8%

IE2A

-13.5%

DE IT

-0.1%

DE Market

Return vs Industry: IE2A underperformed the German IT industry which returned -13.5% over the past year.

Return vs Market: IE2A underperformed the German Market which returned -0.1% over the past year.


Shareholder returns

IE2AIndustryMarket
7 Day0%1.7%2.4%
30 Day1.0%-12.8%7.8%
90 Day-1.0%-6.9%-3.8%
1 Year-30.8%-30.8%-13.1%-13.5%1.5%-0.1%
3 Year-43.5%-47.9%68.1%63.7%-4.8%-12.1%
5 Year12.2%-19.8%194.9%182.1%3.6%-9.5%

Price Volatility Vs. Market

How volatile is Internet Thailand's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Internet Thailand undervalued compared to its fair value and its price relative to the market?

7.32x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate IE2A's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate IE2A's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: IE2A is good value based on its PE Ratio (7.1x) compared to the IT industry average (24.1x).

PE vs Market: IE2A is good value based on its PE Ratio (7.1x) compared to the German market (19x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IE2A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IE2A is good value based on its PB Ratio (0.5x) compared to the DE IT industry average (3.8x).


Next Steps

Future Growth

How is Internet Thailand forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.8%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Internet Thailand has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Internet Thailand performed over the past 5 years?

25.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IE2A has a high level of non-cash earnings.

Growing Profit Margin: IE2A's current net profit margins (7.7%) are lower than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: IE2A has become profitable over the past 5 years, growing earnings by 25.6% per year.

Accelerating Growth: IE2A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: IE2A had negative earnings growth (-2.6%) over the past year, making it difficult to compare to the IT industry average (4.8%).


Return on Equity

High ROE: IE2A's Return on Equity (7.7%) is considered low.


Next Steps

Financial Health

How is Internet Thailand's financial position?


Financial Position Analysis

Short Term Liabilities: IE2A's short term assets (฿949.3M) do not cover its short term liabilities (฿2.2B).

Long Term Liabilities: IE2A's short term assets (฿949.3M) do not cover its long term liabilities (฿2.6B).


Debt to Equity History and Analysis

Debt Level: IE2A's debt to equity ratio (162.5%) is considered high.

Reducing Debt: IE2A's debt to equity ratio has increased from 65.3% to 162.5% over the past 5 years.

Debt Coverage: IE2A's debt is not well covered by operating cash flow (0.4%).

Interest Coverage: IE2A's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Internet Thailand's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IE2A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IE2A's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IE2A's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IE2A's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: IE2A is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IE2A's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Morragot Kulatumyotin (52yo)

7.08yrs

Tenure

฿1,315,000

Compensation

Mrs. Morragot Kulatumyotin has been Managing Director of Internet Thailand Public Company Limited since April 1, 2013. Mrs. Kulatumyotin served as Senior Executive Vice President of Internet Thailand Publi ...


Leadership Team

NamePositionTenureCompensationOwnership
Morragot Kulatumyotin
MD, Company Secretary & Director7.08yrs฿1.32m0.17% ฿50.8k
Thaweesak Koanantakool
Executive Chairmanno data฿75.00kno data
Wanchai Vach-Shewadumrong
Deputy MD & CFO1.42yrsno datano data
Saknon Kangsumrith
Senior Vice President of Operation & Engineeringno datano datano data
Wipaporn Wongku
Chief Accountant1.42yrsno datano data
Piyaret Saelee
Senior Vice Presidentno datano datano data
Varaporn Pintola
Senior Vice President3.08yrsno data0.020% ฿6.0k

1.4yrs

Average Tenure

52.5yo

Average Age

Experienced Management: IE2A's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Morragot Kulatumyotin
MD, Company Secretary & Director7.08yrs฿1.32m0.17% ฿50.8k
Thaweesak Koanantakool
Executive Chairmanno data฿75.00kno data
Sahas Treetipbut
Vice Chairman0.17yr฿1.33m0.0020% ฿610.6
Achara Chandrachai
Independent Director14.08yrs฿1.35mno data
Narumol Wangsatorntanakun
Independent Director11.25yrs฿1.37m0.012% ฿3.7k
Tanwadee Wongterarit
Director11.08yrs฿1.16mno data
Aniruth Hiranraks
Director11.08yrs฿1.12mno data
Nilobon Tangprasit
Independent Director6yrs฿1.41mno data
Narong Sirilertworakul
Director2.75yrs฿1.23mno data
Chavalit Chindavanig
Independent Director0.50yr฿215.00kno data

11.1yrs

Average Tenure

59yo

Average Age

Experienced Board: IE2A's board of directors are seasoned and experienced ( 11.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Internet Thailand Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Internet Thailand Public Company Limited
  • Ticker: IE2A
  • Exchange: DB
  • Founded:
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: ฿1.070b
  • Listing Market Cap: ฿30.530m
  • Shares outstanding: 500.04m
  • Website: https://www.inet.co.th

Location

  • Internet Thailand Public Company Limited
  • No. 1768, Thai Summit Tower
  • 10th–12th Floors, and IT Floor
  • Bangkok
  • 10310
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INETSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBNov 2001
INET-RSET (The Stock Exchange of Thailand)THB1 (NVDR)THTHBNov 2001
IE2ADB (Deutsche Boerse AG)THB1(ALIEN MKT)DEEURNov 2001

Biography

Internet Thailand Public Company Limited, together with its subsidiaries, provides Internet access, and information technology and communication integrated services for businesses and individuals in Thailand. The company operates through two segments, Access Business and Business Solutions. It offers full Internet access services with various speeds through leased lines and MetroLAN network connected to the offices’ Intranet networks; and Internet data center services comprising business continuity planning/disaster recovery center, co-location, INET security center, and server leasing services for business organizations or agencies that need to present data through Internet/Intranet for public and private networks. The company also provides cloud services, which is a virtual computing service that includes infrastructure as a service, platform as a service, and software as a service; and EDC network pool services, which is a credit card payment system center linked between banks and other merchants through telecommunications networks, such as landline telephone, mobile phone, and Internet. In addition, it offers online applications, such as online recruitment, mail services, etc. The company is headquartered in Bangkok, Thailand. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 21:30
End of Day Share Price2020/05/28 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.