Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
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. The company's software applications include ShippingNet, an e-customs declaration application offered to prepare and deliver urgently signed import/outgoing invoices with e-signatures; e-Express Consignment, an application for the preparation and delivery of express import/export declaration with electronic signature; e-Manifest, an application offered to generate and deliver inbound and outbound vehicle report data; e-Customs Permit, an application for printing documents; e-Payment Gateway, a smart electronic payment tool for companies to work smart, reducing financial risks, reducing the workflow of paying customs; e-Transit/Transshipment, an application offered to prepare and deliver information on cargo declaration for transshipment; License Per Invoice (LPI), a e-Single Entry Form NSW application for preparing license information according to the import and export project of regulated goods; e-Tax Invoice & e-Receipt Platform for storing e-tax invoice documents for the tax office to verify correctly; and Intelligent Box, an online document exchange platform. The company was founded in 2004 and is based in Bangkok, Thailand.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT
Target Price
The average target price of NETBAY.BK is 24 and suggests 58% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc
