Netbay PCL (BKK:NETBAY) Intangible Assets: ฿57.4 Mil (As of Mar. 2026)


BKK:NETBAY Netbay PCL BKK:NETBAY
78 GF Score
Price ฿9.90
GF Value ฿21.54
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Netbay PCL Intangible Assets?

Netbay PCL BKK:NETBAY +1.54% 78 Intangible Assets is ฿57.4 Mil as of Mar. 2026. GuruFocus rates BKK:NETBAY with a GF Score™ of 78/100 and a GF Value™ of ฿21.54 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Netbay PCL's intangible assets for the quarter that ended in Mar. 2026 was ฿57.4 Mil.


Netbay PCL  (BKK:NETBAY) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Netbay PCL Intangible Assets Related Terms


Netbay PCL Intangible Assets Historical Data

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The historical data trend for Netbay PCL's Intangible Assets 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 Intangible Assets Chart

Netbay PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 3.94 4.71 31.74 46.83

Netbay PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intangible Assets 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 32.83 34.79 40.18 46.83 57.38
BKK:NETBAY
78GF Score
Netbay PCL BKK:NETBAY
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Netbay PCL Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of ฿57.4 Mil mean?
Netbay PCL (BKK:NETBAY) has a Intangible Assets of ฿57.4 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Netbay PCL and its competitors.
Is Netbay PCL's Intangible Assets too high?
Netbay PCL's current Intangible Assets is ฿57.4 Mil. Overall, Netbay PCL has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netbay PCL's Intangible Assets compare to UBER and SHOP?
Netbay PCL's Intangible Assets of ฿57.4 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Software company?
A good Intangible Assets depends on the Software industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Netbay PCL and its competitors. Netbay PCL's current Intangible Assets is ฿57.4 Mil. 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 ฿21.54, compared to a current price of ฿9.90 — trading 54% below its estimated fair value. The current Intangible Assets is ฿57.4 Mil. Netbay PCL's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Netbay PCL (BKK:NETBAY), the current Intangible Assets is ฿57.4 Mil as of Mar. 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 ฿9.90 is trading 54% below its estimated GF Value™ of ฿21.54. GuruFocus considers Netbay PCL to be Significantly Undervalued.

Key valuation signals for BKK:NETBAY:

  • Intangible Assets: ฿57.4 Mil
  • GF Value™: ฿21.54 vs. price of ฿9.90 (54% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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.
78GF Score

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

฿9.90
Price
฿21.54
GF Value