Valuation 3BB Internet Infrastructure Fund

Stocks

End-of-day quote Thailand S.E. Other stock markets 16/07/2026			5-day change	1st Jan Change
6.600 ^THB	+0.76%		+1.54%	+4.76%

05-08	Kasikorn Securities Downgrades 3BB Internet Infrastructure Fund to Underperform from Neutral; Price Target is THB6.10	MT
02-24	DBS Bank Downgrades 3BB Internet Infrastructure Fund to Hold from Buy, Price Target is THB6.80	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Market Cap ¹	82,400	64,400	50,000	41,600	50,400	52,800	52,800	-
Change	-	-21.84%	-22.36%	-16.8%	21.15%	4.76%	0%	-
Enterprise Value (EV)	96,728	64,400	63,047	53,744	60,462	52,800	57,314	56,858
Change	-	-33.42%	-2.1%	-14.76%	12.5%	-12.67%	8.55%	-0.8%
P/E	9.58x	8.02x	13.7x	-3.73x	9.55x	7.5x	34.7x	8.25x
PBR	0.93x	0.72x	0.59x	0.62x	0.75x	0.76x	0.8x	0.78x
PEG	-	-1.21x	-0.3x	0x	-0x	0.2x	-0.5x	0x
Capitalization / Revenue	8.12x	6.35x	4.87x	4.41x	6.78x	7.08x	7.07x	7.03x
EV / Revenue	0x	0x	0x	0x	0x	7.1x	7.07x	7.03x
EV / EBITDA	0x	0x	0x	0x	0x	7.83x	7.84x	7.81x
EV / EBIT	0x	0x	0x	0x	0x	7.86x	7.79x	7.79x
EV / FCF	-	-	0x	0x	0x	8.14x	8.11x	7.98x
FCF Yield	-	-	18.7%	20.6%	16.9%	11.4%	12.3%	12.5%
Dividend per Share ²	0.99	0.95	0.92	0.69	-	0.5159	0.6248	0.6483
Rate of return	9.61%	11.8%	14.7%	13.3%	-	7.82%	9.47%	9.82%
EPS ²	1.075	1.004	0.4563	-1.392	0.6599	0.8805	0.19	0.7999
Distribution rate	92.1%	94.6%	202%	-49.6%	-	58.6%	329%	81.1%
Net sales ¹	10,144	10,144	10,269	9,437	7,429	7,459	7,472	7,509
EBITDA ¹	9,531	9,519	9,617	8,770	6,723	6,753	6,734	6,759
EBIT ¹	9,531	9,519	9,617	8,770	6,723	6,753	6,780	6,775
Net income ¹	9,101	8,030	3,650	-11,139	5,279	7,044	1,522	6,448
Net Debt	14,328	-	13,047	12,144	10,062	-	4,514	4,058
Reference price ²	10.300	8.050	6.250	5.200	6.300	6.600	6.600	6.600
Nbr of stocks (in thousands)	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000	-
Announcement Date	2/11/21 A	2/21/22 A	4/3/23 A	4/3/24 A	4/4/25 A	4/1/26 A	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
3BB INTERNET INFRASTRUCTURE FUND	8.18x	-	-	9.18%	1.56B
INDUS TOWERS LIMITED	14.89x	3.83x	7x	4.66%	11.15B
INWIT S.P.A.	16.87x	10.2x	11.34x	8.76%	6.5B
DIGITAL TELECOMMUNICATIONS INFRASTRUCTURE FUND	9.13x	9.14x	9.38x	8.72%	3.23B
UNITI GROUP INC.	-6.13x	3.58x	8.97x	-.--%	2.72B
STATE GRID INFORMATION & COMMUNICATION CO., LTD.	18.23x	-	-	1.67%	2.55B
CHORUS LIMITED	80.46x	7.13x	10.13x	6.3%	2.41B
PT DAYAMITRA TELEKOMUNIKASI TBK.	17.46x	5.78x	7.09x	4.83%	2.07B
PT TOWER BERSAMA INFRASTRUCTURE TBK	22.16x	8.77x	10.39x	3.4%	1.82B
PT SARANA MENARA NUSANTARA TBK.	5.79x	4.62x	5.83x	4.87%	1.22B
Average	18.70x	6.63x	8.77x	5.24%	3.52B
Weighted average by Cap.	17.75x	6.40x	8.73x	5.48%