Internet Thailand Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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 INET-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: INET-R (THB4.58) is trading below our estimate of fair value (THB6.23)

Significantly Below Fair Value: INET-R is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for INET-R?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for INET-R. This is calculated by dividing INET-R's market cap by their current preferred multiple.
What is INET-R's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿2.31b

INET-R key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.1x
Enterprise Value/EBITDA	6.5x
PEG Ratio	-2.7x

Price to Earnings Ratio vs Peers

How does INET-R's PE Ratio compare to its peers?

The above table shows the PE ratio for INET-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	17.1x
INSET Infraset	31.2x	22.9%	฿2.5b
MFEC MFEC	17.2x	n/a	฿2.6b
GABLE G-Able	10.9x	11.7%	฿2.6b
PT Premier Technology	9.1x	n/a	฿2.8b
INET-R Internet Thailand	8.1x	-3.0%	฿2.3b

Price-To-Earnings vs Peers: INET-R is good value based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (17.1x).

Price to Earnings Ratio vs Industry

How does INET-R's PE Ratio compare vs other companies in the TH IT Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	20.7%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	20.7%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: INET-R is good value based on its Price-To-Earnings Ratio (8.1x) compared to the TH IT industry average (11.6x).

Price to Earnings Ratio vs Fair Ratio

What is INET-R'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.

INET-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.1x
Fair PE Ratio	13.3x

Price-To-Earnings vs Fair Ratio: INET-R is good value based on its Price-To-Earnings Ratio (8.1x) compared to the estimated Fair Price-To-Earnings Ratio (13.3x).

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.