Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Netbay Public Company Limited, established in 2004 and headquartered in Bangkok, Thailand, specializes in delivering cloud-based software solutions (SaaS) for online electronic transactions. Their services span various interactions, including business-to-government (B2G), business-to-business (B2B), and business-to-consumer (B2C). The company actively designs, develops, and innovates a suite of digital business technology platforms and e-commerce service applications. Their comprehensive SaaS model underpins its electronic transaction systems, encompassing robust data center infrastructure, redundant backup processing, operational software, secure networking, and advanced data security protocols. Among its key software offerings are: ShippingNet, which facilitates electronic customs declarations by enabling the preparation and secure transmission of digitally signed import and export invoices; e-Express Consignment, for generating and submitting express import/export declarations complete with electronic signatures; e-Manifest, which produces and transmits reports for vehicles entering and exiting various checkpoints; e-Customs Permit, for streamlined document printing related to customs procedures; e-Payment Gateway, a sophisticated electronic payment tool empowering businesses to optimize operations by mitigating financial risks and simplifying customs payment workflows; e-Transit/Transshipment, managing cargo declaration data for transshipment activities; License Per Invoice (LPI), an e-Single Entry Form NSW solution for compiling and submitting licensing details for the import and export of regulated commodities; e-Tax Invoice & e-Receipt Platform, a platform designed for the secure storage of e-tax invoices, enabling accurate verification by tax authorities; and Intelligent Box, an online platform facilitating secure document exchange.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r
Target Price
The average target price of NETBAY.BK is 8.20 and suggests 44.6% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation