Thai (SET) Retail REITs Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies7
- 7D-2.5%
- 3M-5.6%
- 1Y-15.8%
- YTD-9.3%
The Retail REITs industry has stayed flat over the last week. Unfortunately though, the industry is down 13% over the past 12 months. As for the next few years, earnings are expected to grow by 6.3% per annum.
Industry Valuation and Performance
Has the Thai Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | ฿86.3b | ฿13.5b | ฿7.3b | 11.4x | 11.8x | 6.4x |
| Sun, 14 Apr 2024 | ฿79.5b | ฿13.5b | ฿7.4b | 8.7x | 10.7x | 5.9x |
| Tue, 12 Mar 2024 | ฿79.7b | ฿13.5b | ฿7.4b | 9x | 10.8x | 5.9x |
| Thu, 08 Feb 2024 | ฿80.2b | ฿13.2b | ฿6.8b | 10.4x | 11.7x | 6.1x |
| Sat, 06 Jan 2024 | ฿83.9b | ฿13.1b | ฿5.5b | 11x | 15.2x | 6.4x |
| Mon, 04 Dec 2023 | ฿79.0b | ฿13.1b | ฿5.5b | 10x | 14.3x | 6x |
| Wed, 01 Nov 2023 | ฿71.7b | ฿12.8b | ฿4.2b | 12.3x | 17.2x | 5.6x |
| Fri, 29 Sep 2023 | ฿77.5b | ฿12.7b | ฿4.2b | 13x | 18.7x | 6.1x |
| Sun, 27 Aug 2023 | ฿81.0b | ฿12.7b | ฿4.2b | 13.4x | 19.5x | 6.4x |
| Tue, 25 Jul 2023 | ฿81.8b | ฿12.3b | ฿4.4b | 14.3x | 18.6x | 6.6x |
| Thu, 22 Jun 2023 | ฿81.0b | ฿12.3b | ฿4.4b | 14.7x | 18.6x | 6.6x |
| Sat, 20 May 2023 | ฿89.0b | ฿12.3b | ฿4.4b | 15.2x | 20.4x | 7.2x |
| Mon, 17 Apr 2023 | ฿89.5b | ฿11.7b | ฿3.7b | 15.1x | 23.9x | 7.7x |
Price to Earnings Ratio
24x
Current Industry PE
- Investors are pessimistic on the Thai Retail REITs 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 10.4x which is lower than its 3-year average PE of 16.5x.
- The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 5.7x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 5.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Thai Real Estate industry?
| TH Market | 0.60% | |
| Real Estate | -0.28% | |
| Retail REITs | -2.55% | |
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 | |
|---|---|---|---|---|---|
| FUTUREPF Future Park Leasehold Property Fund | ฿11.60 | 0.9% +฿53.0m | -18.9% | PB1.1x | |
| LHSC LH Shopping Centers Leasehold Real Estate Investment Trust | ฿9.80 | 0.5% +฿24.4m | -16.2% | PB0.8x | |
| TTLPF Talaad Thai Leasehold Property Fund | ฿16.60 | 0.6% +฿18.0m | -25.6% | PB1.5x |