Thai (SET) Real Estate Operating Companies Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies9
- 7D0.03%
- 3M-2.1%
- 1Y-9.5%
- YTDn/a
Over the last 7 days, the Real Estate Operating Companies industry has dropped 1.0%, driven by Central Pattana declining 1.6%. Meanwhile, Grand Canal Land actually outperformed within the industry, gaining 5.5% in the last week. The industry has fallen 12% in the last year. As for the next few years, earnings are expected to grow by 7.2% per annum.
Industry Valuation and Performance
Has the Thai Real Estate Operating Companies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | ฿384.3b | ฿79.9b | ฿22.4b | 17.6x | 17.1x | 4.8x |
| Mon, 15 Apr 2024 | ฿388.4b | ฿77.7b | ฿21.5b | 18.8x | 18.1x | 5x |
| Wed, 13 Mar 2024 | ฿395.7b | ฿77.7b | ฿21.5b | 19.4x | 18.4x | 5.1x |
| Fri, 09 Feb 2024 | ฿385.2b | ฿74.3b | ฿20.7b | 18.9x | 18.6x | 5.2x |
| Sun, 07 Jan 2024 | ฿404.0b | ฿74.3b | ฿20.7b | 20.1x | 19.5x | 5.4x |
| Tue, 05 Dec 2023 | ฿406.3b | ฿74.3b | ฿20.7b | 18.8x | 19.7x | 5.5x |
| Thu, 02 Nov 2023 | ฿383.5b | ฿69.9b | ฿18.8b | 20.1x | 20.4x | 5.5x |
| Sat, 30 Sep 2023 | ฿393.3b | ฿69.9b | ฿18.8b | 22.5x | 21x | 5.6x |
| Mon, 28 Aug 2023 | ฿423.8b | ฿69.9b | ฿18.8b | 22.9x | 22.6x | 6.1x |
| Wed, 26 Jul 2023 | ฿398.0b | ฿66.0b | ฿17.8b | 21.8x | 22.3x | 6x |
| Fri, 23 Jun 2023 | ฿402.8b | ฿66.0b | ฿17.8b | 22.5x | 22.6x | 6.1x |
| Sun, 21 May 2023 | ฿422.7b | ฿65.2b | ฿18.4b | 19.8x | 23x | 6.5x |
| Tue, 18 Apr 2023 | ฿437.1b | ฿61.4b | ฿16.4b | 19.5x | 26.6x | 7.1x |
| Thu, 16 Mar 2023 | ฿411.7b | ฿61.4b | ฿16.4b | 19.1x | 25x | 6.7x |
| Sat, 11 Feb 2023 | ฿464.1b | ฿54.1b | ฿13.9b | 24.1x | 33.4x | 8.6x |
| Mon, 09 Jan 2023 | ฿432.6b | ฿53.2b | ฿13.7b | 22.7x | 31.6x | 8.1x |
| Wed, 07 Dec 2022 | ฿429.5b | ฿53.2b | ฿13.7b | 23.4x | 31.4x | 8.1x |
| Fri, 04 Nov 2022 | ฿422.8b | ฿49.6b | ฿10.9b | 25.7x | 38.9x | 8.5x |
| Sun, 02 Oct 2022 | ฿398.3b | ฿49.6b | ฿10.9b | 24x | 36.6x | 8x |
| Tue, 30 Aug 2022 | ฿404.5b | ฿49.6b | ฿10.9b | 25x | 37.2x | 8.2x |
| Thu, 28 Jul 2022 | ฿397.9b | ฿46.4b | ฿9.3b | 27.7x | 42.7x | 8.6x |
| Sat, 25 Jun 2022 | ฿396.0b | ฿48.0b | ฿10.8b | 27.7x | 36.8x | 8.2x |
| Mon, 23 May 2022 | ฿401.5b | ฿48.5b | ฿10.1b | 19.8x | 39.7x | 8.3x |
| Wed, 20 Apr 2022 | ฿408.3b | ฿46.9b | ฿11.4b | 21x | 35.8x | 8.7x |
| Fri, 18 Mar 2022 | ฿377.9b | ฿46.9b | ฿11.4b | 20.9x | 33.2x | 8.1x |
| Sun, 13 Feb 2022 | ฿383.8b | ฿48.7b | ฿11.5b | 29.6x | 33.5x | 7.9x |
| Tue, 11 Jan 2022 | ฿370.9b | ฿48.7b | ฿11.5b | 27x | 32.4x | 7.6x |
| Thu, 09 Dec 2021 | ฿377.1b | ฿48.7b | ฿11.5b | 26.6x | 32.9x | 7.7x |
| Sat, 06 Nov 2021 | ฿390.1b | ฿51.9b | ฿13.9b | 27.5x | 28.2x | 7.5x |
| Mon, 04 Oct 2021 | ฿368.4b | ฿51.9b | ฿13.9b | 25.8x | 26.6x | 7.1x |
| Wed, 01 Sep 2021 | ฿366.2b | ฿51.9b | ฿13.9b | 25.8x | 26.4x | 7.1x |
| Thu, 08 Jul 2021 | ฿362.1b | ฿51.9b | ฿13.9b | 25.9x | 26.1x | 7x |
Price to Earnings Ratio
28.2x
Current Industry PE
- Investors are pessimistic on the Thai Real Estate Operating Companies industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 17.9x which is lower than its 3-year average PE of 28.3x.
- The 3-year average PS ratio of 7.1x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Real Estate Operating Companies industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Thai Real Estate Operating Companies compare with similar industries?
| TH Market | 0.78% | |
| Real Estate | -0.70% | |
| Real Estate | -0.69% | |
| Real Estate Operating Companies | 0.032% | |
| Diversified Real Estate | 5.49% | |
| Real Estate Services | 2.67% | |
| Real Estate Development | -1.33% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CPN Central Pattana | ฿62.75 | 0.4% +฿1.1b | -8.4% | PE17.6x | |
| MBK MBK | ฿17.60 | 1.1% +฿307.6m | 13.5% | PE13.1x | |
| PLAT Platinum Group | ฿2.50 | 0.8% +฿56.0m | -25.6% | PE29.5x |