Netbay (SET:NETBAY-R) - Stock Price, News & Analysis

NETBAY-R Stock Overview

Primarily engages in the provision of Software-as-a-Service for online electronic transactions between business-to-government, business-to-business, and business-to-consumer groups. More details

NETBAY-R fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	2/6
Financial Health	6/6
Dividends	1/6

Rewards

Trading at 0.7% below our estimate of its fair value

Earnings are forecast to grow 15.56% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 5.76% is not well covered by earnings or free cash flows

High level of non-cash earnings

Does not have a meaningful market cap (THB3B)

Netbay Public Company Limited Competitors

BlueVenture Group

SET:BVG

฿1.3b

Internet Thailand

SET:INET

฿3.3b

MFEC

SET:MFEC

฿2.7b

Infraset

SET:INSET

฿2.8b

Price History & Performance

Summary of all time highs, changes and price drops for Netbay
Historical stock prices
Current Share Price	฿15.60
52 Week High	฿27.50
52 Week Low	฿12.30
Beta	0.098
11 Month Change	-4.88%
3 Month Change	-7.14%
1 Year Change	-16.13%
33 Year Change	-35.80%
5 Year Change	-52.00%
Change since IPO	38.05%

Recent updates

Shareholder Returns

	NETBAY-R	TH Software	TH Market
7D	-3.7%	-1.2%	0.3%
1Y	-16.1%	-37.9%	3.2%

Return vs Industry: NETBAY-R exceeded the TH Software industry which returned -37.9% over the past year.

Return vs Market: NETBAY-R underperformed the TH Market which returned 3.2% over the past year.

Price Volatility

Is NETBAY-R's price volatile compared to industry and market?
NETBAY-R volatility
NETBAY-R Average Weekly Movement	5.7%
Software Industry Average Movement	7.4%
Market Average Movement	4.6%
10% most volatile stocks in TH Market	10.0%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: NETBAY-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: NETBAY-R's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	n/a	Kobkanjana Veerapongpradit	www.netbay.co.th

Netbay Public Company Limited primarily engages in the provision of Software-as-a-Service for online electronic transactions between business-to-government, business-to-business, and business-to-consumer groups. The company is involved in the invention, creation, and development of various digital business technology platforms and e-business service applications for digital business service transactions. It provides its electronic transaction system in Software-as-a-Service model that covers data center system, backup processing system, and operating software system that supports transaction system and provides networking and data security protection.

Netbay Public Company Limited Fundamentals Summary

How do Netbay's earnings and revenue compare to its market cap?
NETBAY-R fundamental statistics
Market cap	฿3.12b
Earnings (TTM)	฿195.26m
Revenue (TTM)	฿532.11m

16.0x

P/E Ratio

5.9x

P/S Ratio

Is NETBAY-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NETBAY-R income statement (TTM)
Revenue	฿532.11m
Cost of Revenue	฿112.80m
Gross Profit	฿419.31m
Other Expenses	฿224.05m
Earnings	฿195.26m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.98
Gross Margin	78.80%
Net Profit Margin	36.70%
Debt/Equity Ratio	0%

How did NETBAY-R perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

92%

Payout Ratio