Netbay PCL (BKK:NETBAY) EV-to-EBITDA: 6.11 (As of Jul. 03, 2026) — 76% Below Median


BKK:NETBAY Netbay PCL BKK:NETBAY
83 GF Score
Price ฿11.70
GF Value ฿21.42
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Netbay PCL EV-to-EBITDA?

Netbay PCL BKK:NETBAY +2.63% 83 EV-to-EBITDA is 6.11 as of Jul. 03, 2026, which is 76% below its 10-year median of 25.29. GuruFocus rates BKK:NETBAY with a GF Score™ of 83/100 and a GF Value™ of ฿21.42 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,939 Software companies, Netbay PCL ranks better than 74.73% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Netbay PCL's enterprise value is ฿1,941.7 Mil. Netbay PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿317.8 Mil. Therefore, Netbay PCL's EV-to-EBITDA for today is 6.11.

The historical rank and industry rank for Netbay PCL's EV-to-EBITDA or its related term are showing as below:

BKK:NETBAY' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.54   Med: 25.29   Max: 71.26
Current: 6.11

During the past 11 years, the highest EV-to-EBITDA of Netbay PCL was 71.26. The lowest was 4.54. And the median was 25.29.

BKK:NETBAY's EV-to-EBITDA is ranked better than
74.73% of 1939 companies
in the Software industry
Industry Median: 10.45 vs BKK:NETBAY: 6.11

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-03), Netbay PCL's stock price is ฿11.70. Netbay PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1.140. Therefore, Netbay PCL's PE Ratio (TTM) for today is 10.26.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Netbay PCL  (BKK:NETBAY) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Netbay PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.70/1.140
=10.26

Netbay PCL's share price for today is ฿11.70.
Netbay PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1.140.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Netbay PCL EV-to-EBITDA Related Terms


Netbay PCL EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Netbay PCL's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Netbay PCL EV-to-EBITDA Chart

Netbay PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.03 20.33 19.11 9.92 10.63

Netbay PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.68 9.91 11.44 10.63 10.14

BKK:NETBAY vs UBER, SHOP, CRM: EV-to-EBITDA Comparison

For the Software - Application subindustry, Netbay PCL's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Netbay PCL EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Netbay PCL's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Netbay PCL's EV-to-EBITDA falls into.


BKK:NETBAY
83GF Score
Netbay PCL BKK:NETBAY
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netbay PCL EV-to-EBITDA Calculation

Netbay PCL's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1941.712/317.756
=6.11

Netbay PCL's current Enterprise Value is ฿1,941.7 Mil.
Netbay PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿317.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 6.11 mean?
Netbay PCL (BKK:NETBAY) has a EV-to-EBITDA of 6.11 as of Jul. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Netbay PCL. This is 76% below median its historical median of 25.29. Over the past decade, Netbay PCL's EV-to-EBITDA has ranged from 4.54 to 71.26. According to the industry distribution chart, Netbay PCL ranks #490 out of 1939 companies in the Software industry, placing it in the top 25.3%.
Is Netbay PCL's EV-to-EBITDA too high?
Netbay PCL's current EV-to-EBITDA of 6.11 is 76% below median its 10-year median of 25.29. Over the past 10 years, this metric has ranged from a low of 4.54 to a high of 71.26. The Software industry median EV-to-EBITDA is 10.45. Netbay PCL's value of 6.11 is 41.5% below this industry median. Based on the distribution chart, Netbay PCL ranks #490 out of 1939 companies in the Software industry, which is above the industry midpoint. Overall, Netbay PCL has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netbay PCL's EV-to-EBITDA compare to UBER and SHOP?
According to the Software industry distribution chart, Netbay PCL ranks #490 out of 1939 companies for EV-to-EBITDA. This puts Netbay PCL in the upper half of its industry. The industry median EV-to-EBITDA is 10.45. Netbay PCL's value of 6.11 is 41.5% below this benchmark. Historically, Netbay PCL's own EV-to-EBITDA has ranged from 4.54 to 71.26 over the past decade. While the company's 10-year median is 25.29 vs. the industry median of 10.45, Netbay PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.45, based on 1,939 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Netbay PCL's current EV-to-EBITDA of 6.11 is 41.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Netbay PCL. For the Software industry, the median EV-to-EBITDA is 10.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netbay PCL's current EV-to-EBITDA is 6.11, which is 76% below median its own 10-year median of 25.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netbay PCL stock overvalued right now?
Based on GuruFocus' analysis, Netbay PCL (BKK:NETBAY) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿21.42, compared to a current price of ฿11.70 — trading 45.4% below its estimated fair value. The current EV-to-EBITDA is 6.11, which is 76% below median its 10-year median of 25.29 and 41.5% below the Software industry median of 10.45. Netbay PCL's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Netbay PCL (BKK:NETBAY), the current EV-to-EBITDA is 6.11 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Netbay PCL (BKK:NETBAY) Overvalued in 2026?

Based on GuruFocus' analysis, Netbay PCL stock appears to be undervalued. The current stock price of ฿11.70 is trading 45.4% below its estimated GF Value™ of ฿21.42. GuruFocus considers Netbay PCL to be Significantly Undervalued.

Key valuation signals for BKK:NETBAY:

  • EV-to-EBITDA: 6.11 (76% below median its 10-year median of 25.29)
  • GF Value™: ฿21.42 vs. price of ฿11.70 (45.4% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 41.5% below the Software median (#490 of 1939)

No single metric tells the full story. See the BKK:NETBAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netbay PCL Business Description

Address No. 719/5, 8-9, Rama 6 Road, Wang Mai Sub-district, Pathumwan District, Bangkok, THA, 10330
Netbay PCL is a Thailand-based company engaged in the provision and development of computer software used in the transmission of information electronically. The company creates, designs, and develops a digital business technology platform and omnichannel connectivity gateway. It operates in two segments: The e-Business segment, which develops an e-Business product in the form of services (SaaS: Software As A Service), and the e-Service segment, which rendered an e-Business service for the Business segment to Government (B2G) transaction, and Business segment to Business segment (B2B) transaction. The company operates only in Thailand and generates the majority of its revenue from the e-Business segment.
83GF Score

Get the complete analysis for BKK:NETBAY

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿11.70
Price
฿21.42
GF Value