Internet Thailand Public Company Limited

DB:IE2A Stock Report

Market Cap: €77.0m

Internet Thailand Valuation

Is IE2A undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IE2A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IE2A (€0.15) is trading above our estimate of fair value (€0.14)

Significantly Below Fair Value: IE2A is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for IE2A?

Key metric: As IE2A is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IE2A. This is calculated by dividing IE2A's market cap by their current earnings.
What is IE2A's PE Ratio?
PE Ratio8.8x
Earnings฿308.29m
Market Cap฿2.72b

Price to Earnings Ratio vs Peers

How does IE2A's PE Ratio compare to its peers?

The above table shows the PE ratio for IE2A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.2x
DCIK DCI Database for Commerce and Industry
30.3xn/a€10.5m
IOS IONOS Group
21.1x16.7%€3.1b
OBS ORBIS
19.1x-5.5%€54.4m
3ITN audius
26.3x11.5%€56.6m
IE2A Internet Thailand
8.8x21.1%€2.7b

Price-To-Earnings vs Peers: IE2A is good value based on its Price-To-Earnings Ratio (8.8x) compared to the peer average (24.2x).


Price to Earnings Ratio vs Industry

How does IE2A's PE Ratio compare vs other companies in the DE IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
IE2A 8.8xIndustry Avg. 18.1xNo. of Companies4PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IE2A is good value based on its Price-To-Earnings Ratio (8.8x) compared to the European IT industry average (17.5x).


Price to Earnings Ratio vs Fair Ratio

What is IE2A's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IE2A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.8x
Fair PE Ratio17.2x

Price-To-Earnings vs Fair Ratio: IE2A is good value based on its Price-To-Earnings Ratio (8.8x) compared to the estimated Fair Price-To-Earnings Ratio (17.2x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 14:04
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Internet Thailand Public Company Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Phatipak NavawatanaKrungsri Securities Public Company Limited
Chatchai JindaratMaybank Investment Bank Berhad
Supachai WattanavitheskulYuanta Securities (Thailand) Company Limited