Netbay Public Company Limited (NETBAY.BK)
Bangkok, TH
Netbay Public Company Limited, established in Bangkok, Thailand, in 2004, specializes in the creation and deployment of digital technology platforms. These platforms are designed to facilitate seamless electronic business transactions and provide omni-channel connectivity, primarily within the trading sector. The company offers a comprehensive suite of digital business services, encompassing e-customs, customs e-payment solutions, a paperless e-manifest system for import/export reporting, and e-express services. They also develop gateways for electronic transaction reporting tailored for financial institutions, alongside customer due diligence gateways, custom software development, and robust cloud computing services. Their Software-as-a-Service (SaaS) offerings include essential infrastructure like data centers, disaster recovery facilities, and operating software systems that support their electronic transaction reporting gateway, along with comprehensive networking solutions and vital information protection services. Additionally, Netbay serves as an electronic data interchange (EDI) provider, delivering services for electronic transaction reporting and audit reports to a wide array of financial institutions, such as life and non-life insurance providers, securities and asset management firms, finance companies, and banks. They further streamline processes through electronic bank guarantee data interchange services, connecting banks with the Comptroller General's Department. The company caters to a diverse clientele across international and domestic trade and service industries. This includes manufacturers, exporters, importers, freight forwarders, shipping agents, customs brokers, terminal operators, transportation service providers, and the broader logistics and supply chain communities. Key users also comprise ocean, air, and express couriers, alongside the Thai Chamber of Commerce and the Board of Trade of Thailand.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.05% | +0.00% | -38.96% | -61.16% | -53.92% | -55.87% | -46.89% | -56.28% | -63.50% | -16.81% | -16.81% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Software - Application: +13.0%+25.2% ★ Q1'26: -23.9% (vs Q1'25)
-
EPS growth Software - Application: +28.6%+23.2% Q1'26: -51.4% (vs Q1'25)
-
FCF margin FCF growth · Software - Application: +45.3%+40.0% ★ Q1'26: +19.2% (vs Q1'25)
-
EBIT margin Software - Application: +9.4%+45.0% ★ Q1'26: +30.2% (vs Q1'25)
-
ROIC Software - Application: +7.5%+220.1% ★ Q1'26: +95.2% (vs Q1'25)
-
Share dilution Software - Application: +0.0%+0.0% Q1'26: -1.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×0.06× Q1'26: 0.10× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
272.94M
est: 253.50M (+7.7%)
|
314.79M
est: 283.50M (+11.0%)
|
361.61M
est: 363.30M (-0.5%)
|
411.65M
est: 427.70M (-3.8%)
|
388.45M
est: 394.40M (-1.5%)
|
400.46M
est: 405.40M (-1.2%)
|
457.19M
est: 444.33M (+2.9%)
|
487.38M
est: 511.42M (-4.7%)
|
581.46M
est: 560.80M (+3.7%)
|
728.15M
est: 723.00M (+0.7%)
|
700.60M
700.60M – 700.60M
-3.1% YoY
|
878.75M
878.75M – 878.75M
+25.4% YoY
|
852.80M
852.80M – 852.80M
-3.0% YoY
|
| EBITDA |
98.19M
est: 125.52M (-21.8%)
|
125.95M
est: 140.37M (-10.3%)
|
158.97M
est: 179.88M (-11.6%)
|
191.22M
est: 211.77M (-9.7%)
|
176.61M
est: 195.28M (-9.6%)
|
204.84M
est: 200.73M (+2.0%)
|
228.68M
est: 220.00M (+3.9%)
|
241.34M
est: 257.08M (-6.1%)
|
298.95M
est: 281.90M (+6.0%)
|
358.53M
est: 363.43M (-1.3%)
|
352.17M
352.17M – 352.17M
-3.1% YoY
|
441.73M
441.73M – 441.73M
+25.4% YoY
|
428.68M
428.68M – 428.68M
-3.0% YoY
|
| EBIT |
95.05M
est: 116.19M (-18.2%)
|
122.71M
est: 129.94M (-5.6%)
|
155.73M
est: 166.51M (-6.5%)
|
181.05M
est: 196.03M (-7.6%)
|
160.96M
est: 180.77M (-11.0%)
|
190.10M
est: 185.81M (+2.3%)
|
214.85M
est: 203.65M (+5.5%)
|
225.52M
est: 238.09M (-5.3%)
|
273.26M
est: 261.08M (+4.7%)
|
327.96M
est: 336.59M (-2.6%)
|
326.16M
326.16M – 326.16M
-3.1% YoY
|
409.10M
409.10M – 409.10M
+25.4% YoY
|
397.01M
397.01M – 397.01M
-3.0% YoY
|
| Net Income |
89.32M
est: 73.64M (+21.3%)
|
115.80M
est: 83.31M (+39.0%)
|
148.81M
est: 147.00M (+1.2%)
|
179.08M
est: 182.00M (-1.6%)
|
156.45M
est: 150.00M (+4.3%)
|
165.57M
est: 161.00M (+2.8%)
|
169.74M
est: 167.00M (+1.6%)
|
180.30M
est: 187.03M (-3.6%)
|
215.92M
est: 210.00M (+2.8%)
|
265.56M
est: 270.00M (-1.6%)
|
233.00M
233.00M – 233.00M
-13.7% YoY
|
311.00M
311.00M – 311.00M
+33.5% YoY
|
274.00M
274.00M – 274.00M
-11.9% YoY
|
| SGA |
84.94M
est: 63.00M (+34.8%)
|
86.15M
est: 70.45M (+22.3%)
|
94.01M
est: 90.28M (+4.1%)
|
106.58M
est: 106.29M (+0.3%)
|
101.85M
est: 98.01M (+3.9%)
|
84.72M
est: 100.75M (-15.9%)
|
89.43M
est: 110.42M (-19.0%)
|
165.71M
est: 128.47M (+29.0%)
|
135.59M
est: 140.87M (-3.7%)
|
200.69M
est: 181.61M (+10.5%)
|
175.99M
175.99M – 175.99M
-3.1% YoY
|
220.74M
220.74M – 220.74M
+25.4% YoY
|
214.22M
214.22M – 214.22M
-3.0% YoY
|
| EPS |
0.49
est: 0.37 (+33.1%)
|
0.58
est: 0.42 (+39.2%)
|
0.74
est: 0.74 (+0.7%)
|
0.90
est: 0.91 (-1.1%)
|
0.78
est: 0.75 (+4.0%)
|
0.83
est: 0.81 (+3.1%)
|
0.85
est: 0.84 (+1.8%)
|
0.90
est: 0.94 (-3.8%)
|
1.08
est: 1.05 (+2.9%)
|
1.33
est: 1.35 (-1.5%)
|
1.17
1.17 – 1.17
-13.7% YoY
|
1.56
1.56 – 1.56
+33.5% YoY
|
1.37
1.37 – 1.37
-11.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-22 | A | 4/5 | 5/5 | 5/5 | 5/5 | 4/5 | 3/5 | 1/5 |
| 2026-05-21 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-20 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-19 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-18 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-15 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-14 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-13 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-12 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-11 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-08 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-07 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-06 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-05 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-30 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-29 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-28 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-27 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-24 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-23 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-22 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-21 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-20 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-17 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-16 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Chittima Kumwiengchan | Corporate Secretary | — | female |
| Kobkanjana Veerapongpradit | Chief Executive Officer & Director | — | female |
| Marnit Aongphisud | Head of Internal Audit | — | male |
| Ornrueda Kumlertluck | Accounting Manager | — | female |
| Pichit Viwatrujirapong | President, Chief Creative Officer & Vice Chairman | — | male |
| Sansanee Thaksiri | Deputy Managing Director | — | female |
| Sutarin Wongsongcha | CFO & Head of Investor Relations | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for NETBAY.BK
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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