I

Infraset PCL
SET:INSET

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Infraset PCL
SET:INSET
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Price: 1.78 THB 8.54% Market Closed
Market Cap: 1.4B THB

Relative Value

The Relative Value of one INSET stock under the Base Case scenario is 2.39 THB. Compared to the current market price of 1.78 THB, Infraset PCL is Undervalued by 26%.

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
2.39 THB
Undervaluation 26%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
84
vs Industry
70
Median 3Y
1.1
Median 5Y
1.4
Industry
2.4
Forward
0.9
vs History
30
vs Industry
30
Median 3Y
19
Median 5Y
18.7
Industry
22.3
Forward
19.2
vs History
9
vs Industry
55
Median 3Y
5
Median 5Y
5
Industry
16
vs History
vs Industry
47
Median 3Y
-4.7
Median 5Y
-4.7
Industry
20.9
vs History
84
vs Industry
68
Median 3Y
1.3
Median 5Y
1.7
Industry
3
vs History
87
vs Industry
64
Median 3Y
1
Median 5Y
1.4
Industry
2.4
Forward
0.7
vs History
84
vs Industry
19
Median 3Y
9.2
Median 5Y
9.7
Industry
4.9
vs History
76
vs Industry
28
Median 3Y
11.5
Median 5Y
11.9
Industry
12.2
Forward
9.1
vs History
73
vs Industry
29
Median 3Y
12.3
Median 5Y
12.6
Industry
15.9
Forward
10.5
vs History
9
vs Industry
52
Median 3Y
4.7
Median 5Y
4.7
Industry
14.7
vs History
6
vs Industry
45
Median 3Y
4.8
Median 5Y
4.8
Industry
17.4
vs History
87
vs Industry
62
Median 3Y
1.3
Median 5Y
1.6
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 20.7 10.1 11.5
CA
Shopify Inc
NYSE:SHOP
207B USD 19.5 117.4 148.9 152.6
US
Snowflake Inc
XETRA:5Q5
60.9B EUR 16.2 -52.6 -59.1 -50.1
US
Snowflake Inc.
NYSE:SNOW
70.7B USD 16.2 -52.6 -59 -50
US
Cloudflare Inc
NYSE:NET
66B USD 32.9 -637.7 -4 136 -337.9
US
MongoDB Inc
NASDAQ:MDB
31.1B USD 13.5 -442.3 -216.8 -185.1
ID
DCI Indonesia Tbk PT
IDX:DCII
519.7T IDR 197.4 443.4 369.7 369.7
US
Verisign Inc
NASDAQ:VRSN
22.8B USD 14.2 28.6 21.2 21.8
US
Twilio Inc
NYSE:TWLO
18.7B USD 3.8 277.9 55.9 156.9
US
Okta Inc
NASDAQ:OKTA
16.7B USD 5.9 86 65.5 117
US
GoDaddy Inc
NYSE:GDDY
14.6B USD 3 17.8 14.5 16.1
P/S Multiple
Revenue Growth P/S to Growth
TH
I
Infraset PCL
SET:INSET
Average P/S: 29.4
0.8
2%
0.4
CA
Shopify Inc
NYSE:SHOP
19.5
26%
0.8
US
Snowflake Inc
XETRA:5Q5
16.2
26%
0.6
US
Snowflake Inc.
NYSE:SNOW
16.2
26%
0.6
US
Cloudflare Inc
NYSE:NET
32.9
28%
1.2
US
MongoDB Inc
NASDAQ:MDB
13.5
20%
0.7
ID
DCI Indonesia Tbk PT
IDX:DCII
197.4
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
14.2
6%
2.4
US
Twilio Inc
NYSE:TWLO
3.8
10%
0.4
US
Okta Inc
NASDAQ:OKTA
5.9
11%
0.5
US
GoDaddy Inc
NYSE:GDDY
3
8%
0.4
P/E Multiple
Earnings Growth PEG
TH
I
Infraset PCL
SET:INSET
Average P/E: 141.7
20.7
23%
0.9
CA
Shopify Inc
NYSE:SHOP
117.4
15%
7.8
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -52.6 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -52.6 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -637.7 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -442.3 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
443.4
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
28.6
7%
4.1
US
Twilio Inc
NYSE:TWLO
277.9
N/A N/A
US
Okta Inc
NASDAQ:OKTA
86
198%
0.4
US
GoDaddy Inc
NYSE:GDDY
17.8
11%
1.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
I
Infraset PCL
SET:INSET
Average EV/EBITDA: 98
10.1
20%
0.5
CA
Shopify Inc
NYSE:SHOP
148.9
47%
3.2
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -59.1 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -59 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -4 136 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -216.8 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
369.7
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.2
8%
2.6
US
Twilio Inc
NYSE:TWLO
55.9
104%
0.5
US
Okta Inc
NASDAQ:OKTA
65.5
246%
0.3
US
GoDaddy Inc
NYSE:GDDY
14.5
22%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
I
Infraset PCL
SET:INSET
Average EV/EBIT: 120.8
11.5
N/A N/A
CA
Shopify Inc
NYSE:SHOP
152.6
47%
3.2
US
Snowflake Inc
XETRA:5Q5
Negative Multiple: -50.1 N/A N/A
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -50 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -337.9 N/A N/A
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -185.1 N/A N/A
ID
DCI Indonesia Tbk PT
IDX:DCII
369.7
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.8
6%
3.6
US
Twilio Inc
NYSE:TWLO
156.9
N/A N/A
US
Okta Inc
NASDAQ:OKTA
117
N/A N/A
US
GoDaddy Inc
NYSE:GDDY
16.1
20%
0.8