🎉 M&A multiples are live!
Check it out!

Netbay Valuation Multiples

Discover revenue and EBITDA valuation multiples for Netbay and similar public comparables like Auction Technology Group, Locaweb, and Intershop Communications.

Netbay Overview

About Netbay

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.


Founded

2004

HQ

Thailand
Employees

111

Website

netbay.co.th

Financials

LTM Revenue $17.8M

LTM EBITDA $8.9M

EV

$93.6M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Netbay Financials

Netbay has a last 12-month revenue of $17.8M and a last 12-month EBITDA of $8.9M.

In the most recent fiscal year, Netbay achieved revenue of $17.1M and an EBITDA of $8.8M.

Netbay expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Netbay valuation multiples based on analyst estimates

Netbay P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $14.3M $17.1M XXX XXX XXX
Gross Profit $10.6M $11.3M XXX XXX XXX
Gross Margin 74% 66% XXX XXX XXX
EBITDA $7.1M $8.8M XXX XXX XXX
EBITDA Margin 50% 51% XXX XXX XXX
Net Profit $5.0M $5.3M XXX XXX XXX
Net Margin 35% 31% XXX XXX XXX
Net Debt n/a n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Netbay Stock Performance

As of April 15, 2025, Netbay's stock price is THB 18 (or $1).

Netbay has current market cap of THB 3.6B (or $106M), and EV of THB 3.2B (or $93.6M).

See Netbay trading valuation data

Netbay Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$93.6M $106M XXX XXX XXX XXX $0.03

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

Netbay Valuation Multiples

As of April 15, 2025, Netbay has market cap of $106M and EV of $93.6M.

Netbay's trades at 5.3x LTM EV/Revenue multiple, and 10.6x LTM EBITDA.

Analysts estimate Netbay's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for Netbay and 10K+ public comps

Netbay Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $93.6M XXX XXX XXX
EV/Revenue 5.5x XXX XXX XXX
EV/EBITDA 10.7x XXX XXX XXX
P/E 16.8x XXX XXX XXX
P/E/Growth 2.7x XXX XXX XXX
EV/FCF 26.3x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Netbay Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

Netbay Valuation Multiples

Netbay's NTM/LTM revenue growth is 13%

Netbay's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $0.1M for the same period.

Over next 12 months, Netbay's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate Netbay's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for Netbay and other 10K+ public comps

Netbay Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth 19% XXX XXX XXX XXX
EBITDA Margin 51% XXX XXX XXX XXX
EBITDA Growth 24% XXX XXX XXX XXX
Rule of 40 (SaaS-only) 64% XXX XXX XXX XXX
Revenue per Employee $0.2M XXX XXX XXX XXX
Opex per Employee $0.1M XXX XXX XXX XXX
S&M Expenses to Revenue n/a XXX XXX XXX XXX
G&A Expenses to Revenue 23% XXX XXX XXX XXX
R&D Expenses to Revenue n/a XXX XXX XXX XXX
Opex to Revenue 33% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Netbay Public Comps

See public comps and valuation multiples for E-commerce Software and Communication & Collaboration Software comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Locaweb XXX XXX XXX XXX XXX XXX
Intershop Communications XXX XXX XXX XXX XXX XXX
Platform Group XXX XXX XXX XXX XXX XXX
Cafe24 XXX XXX XXX XXX XXX XXX
Auction Technology Group XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Netbay M&A and Investment Activity

Netbay acquired  XXX companies to date.

Last acquisition by Netbay was  XXXXXXXX, XXXXX XXXXX XXXXXX . Netbay acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Netbay

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About Netbay

When was Netbay founded? Netbay was founded in 2004.
Where is Netbay headquartered? Netbay is headquartered in Thailand.
How many employees does Netbay have? As of today, Netbay has 111 employees.
Is Netbay publicy listed? Yes, Netbay is a public company listed on BKK.
What is the stock symbol of Netbay? Netbay trades under NETBAY ticker.
When did Netbay go public? Netbay went public in 2016.
Who are competitors of Netbay? Similar companies to Netbay include e.g. Locaweb, Intershop Communications, Platform Group, Cafe24.
What is the current market cap of Netbay? Netbay's current market cap is $106M
What is the current revenue of Netbay? Netbay's last 12-month revenue is $17.8M.
What is the current EBITDA of Netbay? Netbay's last 12-month EBITDA is $8.9M.
What is the current EV/Revenue multiple of Netbay? Current revenue multiple of Netbay is 5.3x.
What is the current EV/EBITDA multiple of Netbay? Current EBITDA multiple of Netbay is 10.6x.
What is the current revenue growth of Netbay? Netbay revenue growth between 2023 and 2024 was 19%.
Is Netbay profitable? Yes, Netbay is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.