Netbay Valuation

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

NETBAY-R (THB15.7) is trading below our estimate of [[fair value]] (THB16.12)

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

Below Fair Value: NETBAY-R (THB15.7) is trading below our estimate of fair value (THB16.12)

Significantly Below Fair Value: NETBAY-R is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for NETBAY-R. This is calculated by dividing NETBAY-R's market cap by their current preferred multiple.
What is NETBAY-R's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿3.14b

NETBAY-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	5.6x
Enterprise Value/EBITDA	11.6x
PEG Ratio	1.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NETBAY-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	20.2x
BVG BlueVenture Group	20.9x	11.0%	฿1.3b
MFEC MFEC	17.8x	n/a	฿2.7b
PT Premier Technology	9.1x	n/a	฿2.8b
INSET Infraset	33x	24.7%	฿2.7b
NETBAY-R Netbay	16.8x	9.8%	฿3.1b

Price-To-Earnings vs Peers: NETBAY-R is good value based on its Price-To-Earnings Ratio (16.8x) compared to the peer average (20.2x).

Price to Earnings Ratio vs Industry

How does NETBAY-R's PE Ratio compare vs other companies in the Asian Software Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	41.3%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	41.3%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: NETBAY-R is good value based on its Price-To-Earnings Ratio (16.8x) compared to the Asian Software industry average (29x).

Price to Earnings Ratio vs Fair Ratio

What is NETBAY-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.

NETBAY-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	16.8x
Fair PE Ratio	15.8x

Price-To-Earnings vs Fair Ratio: NETBAY-R is expensive based on its Price-To-Earnings Ratio (16.8x) compared to the estimated Fair Price-To-Earnings Ratio (15.8x).

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.