I

Infraset PCL
SET:INSET

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Infraset PCL
SET:INSET
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Price: 1.73 THB 1.76% Market Closed
Market Cap: 1.4B THB

Relative Value

The Relative Value of one INSET stock under the Base Case scenario is 2.42 THB. Compared to the current market price of 1.73 THB, Infraset PCL is Undervalued by 29%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

INSET Relative Value
Base Case
2.42 THB
Undervaluation 29%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
70
Median 3Y
1.1
Median 5Y
1.5
Industry
2.4
Forward
0.9
vs History
39
vs Industry
30
Median 3Y
18.7
Median 5Y
18.5
Industry
22.5
Forward
18.7
vs History
14
vs Industry
55
Median 3Y
-3.2
Median 5Y
-3.2
Industry
16.2
vs History
vs Industry
47
Median 3Y
-4.7
Median 5Y
-4.7
Industry
20.8
vs History
92
vs Industry
68
Median 3Y
1.4
Median 5Y
1.8
Industry
3
vs History
93
vs Industry
64
Median 3Y
1
Median 5Y
1.4
Industry
2.4
Forward
0.7
vs History
93
vs Industry
19
Median 3Y
9.6
Median 5Y
9.7
Industry
4.9
vs History
87
vs Industry
28
Median 3Y
11.6
Median 5Y
11.9
Industry
12.3
Forward
8.8
vs History
82
vs Industry
29
Median 3Y
12.4
Median 5Y
12.6
Industry
15.8
Forward
10.1
vs History
14
vs Industry
52
Median 3Y
-3.4
Median 5Y
-3.4
Industry
14.8
vs History
11
vs Industry
45
Median 3Y
-3.3
Median 5Y
-3.3
Industry
17.4
vs History
93
vs Industry
62
Median 3Y
1.4
Median 5Y
1.8
Industry
2.4

Multiples Across Competitors

INSET Competitors Multiples
Infraset PCL Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Infraset PCL
SET:INSET
1.4B THB 0.8 20.2 9.8 11.1
CA
Shopify Inc
NYSE:SHOP
213.7B USD 20 120 153.9 157.6
US
Snowflake Inc.
NYSE:SNOW
74.5B USD 17 -55.2 -62.2 -52.8
US
Cloudflare Inc
NYSE:NET
70.9B USD 35.2 -687 -4 454.3 -363.9
ID
DCI Indonesia Tbk PT
IDX:DCII
583.5T IDR 221.7 497.9 415.1 415.1
US
MongoDB Inc
NASDAQ:MDB
33.8B USD 14.6 -476.4 -236.6 -202
US
Verisign Inc
NASDAQ:VRSN
22.5B USD 13.8 27.7 20.9 21.5
US
Twilio Inc
NYSE:TWLO
20.2B USD 4.1 300.7 61 171.1
US
GoDaddy Inc
NYSE:GDDY
16.9B USD 3.5 20.4 16.4 18.2
US
Okta Inc
NASDAQ:OKTA
16B USD 5.6 82 62 110.8
US
Akamai Technologies Inc
NASDAQ:AKAM
12.3B USD 3 24.4 11.5 24.1
P/S Multiple
Revenue Growth P/S to Growth
TH
I
Infraset PCL
SET:INSET
Average P/S: 30.8
0.8
2%
0.4
CA
Shopify Inc
NYSE:SHOP
20
25%
0.8
US
Snowflake Inc.
NYSE:SNOW
17
26%
0.7
US
Cloudflare Inc
NYSE:NET
35.2
28%
1.3
ID
DCI Indonesia Tbk PT
IDX:DCII
221.7
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
14.6
18%
0.8
US
Verisign Inc
NASDAQ:VRSN
13.8
6%
2.3
US
Twilio Inc
NYSE:TWLO
4.1
10%
0.4
US
GoDaddy Inc
NYSE:GDDY
3.5
8%
0.4
US
Okta Inc
NASDAQ:OKTA
5.6
11%
0.5
US
Akamai Technologies Inc
NASDAQ:AKAM
3
6%
0.5
P/E Multiple
Earnings Growth PEG
TH
I
Infraset PCL
SET:INSET
Average P/E: 136.6
20.2
23%
0.9
CA
Shopify Inc
NYSE:SHOP
120
14%
8.6
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -55.2 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -687 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
497.9
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -476.4 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
27.7
7%
4
US
Twilio Inc
NYSE:TWLO
300.7
N/A N/A
US
GoDaddy Inc
NYSE:GDDY
20.4
11%
1.9
US
Okta Inc
NASDAQ:OKTA
82
197%
0.4
US
Akamai Technologies Inc
NASDAQ:AKAM
24.4
33%
0.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
I
Infraset PCL
SET:INSET
Average EV/EBITDA: 93.8
9.8
20%
0.5
CA
Shopify Inc
NYSE:SHOP
153.9
46%
3.3
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -62.2 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -4 454.3 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
415.1
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -236.6 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
20.9
8%
2.6
US
Twilio Inc
NYSE:TWLO
61
104%
0.6
US
GoDaddy Inc
NYSE:GDDY
16.4
22%
0.7
US
Okta Inc
NASDAQ:OKTA
62
246%
0.3
US
Akamai Technologies Inc
NASDAQ:AKAM
11.5
16%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
I
Infraset PCL
SET:INSET
Average EV/EBIT: 116.2
11.1
N/A N/A
CA
Shopify Inc
NYSE:SHOP
157.6
45%
3.5
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -52.8 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -363.9 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
415.1
N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -202 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.5
6%
3.6
US
Twilio Inc
NYSE:TWLO
171.1
N/A N/A
US
GoDaddy Inc
NYSE:GDDY
18.2
21%
0.9
US
Okta Inc
NASDAQ:OKTA
110.8
N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
24.1
26%
0.9