Thai (SET) Consumer Discretionary Sector Analysis

Sector Valuation and Performance

Has the Thai Consumer Discretionary Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 29 Nov 2022	฿1.9t	฿1.9t	฿58.2b	22.7x	32.7x	1x
Thu, 27 Oct 2022	฿1.9t	฿1.8t	฿47.0b	22x	39.7x	1x
Sat, 24 Sep 2022	฿1.9t	฿1.8t	฿46.3b	23.5x	40.4x	1.1x
Mon, 22 Aug 2022	฿1.9t	฿1.8t	฿49.5b	25x	38.3x	1.1x
Wed, 20 Jul 2022	฿1.7t	฿1.6t	฿33.4b	23.4x	52.2x	1.1x
Fri, 17 Jun 2022	฿1.8t	฿1.6t	฿33.4b	26.1x	53.8x	1.1x
Sun, 15 May 2022	฿1.9t	฿1.6t	฿29.3b	24.1x	63.7x	1.2x
Tue, 12 Apr 2022	฿2.0t	฿1.5t	฿29.6b	25.1x	66.2x	1.3x
Thu, 10 Mar 2022	฿1.9t	฿1.5t	฿29.7b	24.5x	63.6x	1.3x
Sat, 05 Feb 2022	฿1.8t	฿1.4t	฿22.6b	26.3x	80.8x	1.3x
Mon, 03 Jan 2022	฿1.8t	฿1.4t	฿22.6b	25.6x	81x	1.3x
Wed, 01 Dec 2021	฿1.7t	฿1.4t	฿22.6b	24.7x	76.1x	1.2x
Fri, 29 Oct 2021	฿1.8t	฿1.4t	฿21.0b	22.9x	87x	1.3x
Sun, 26 Sep 2021	฿1.8t	฿1.4t	฿21.5b	22.5x	85x	1.3x
Tue, 24 Aug 2021	฿1.8t	฿1.4t	฿21.5b	22.6x	84.6x	1.3x
Wed, 30 Jun 2021	฿1.8t	฿1.4t	฿21.5b	24.2x	85.4x	1.3x
Sat, 03 Apr 2021	฿1.9t	฿1.3t	฿1.7b	25.7x	1142.1x	1.5x
Tue, 05 Jan 2021	฿1.2t	฿857.3b	-฿7,849,218,611.00	22.1x	-157.1x	1.4x
Fri, 09 Oct 2020	฿1.2t	฿890.3b	฿8.1b	24.5x	143.1x	1.3x
Thu, 02 Jul 2020	฿1.2t	฿933.5b	฿21.8b	23.9x	54.1x	1.3x
Sun, 05 Apr 2020	฿885.1b	฿1.0t	฿45.1b	14.8x	19.6x	0.9x
Wed, 08 Jan 2020	฿1.1t	฿809.9b	฿39.5b	17.2x	28.8x	1.4x

Current Industry PE

Investors are pessimistic on the Thai Consumer Discretionary 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 32.7x which is lower than its 3-year average PE of 186x.

The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.98x.

Past Earnings Growth

The earnings for companies in the Consumer Discretionary industry have grown 16% per year over the last three years.
Revenues for these companies have grown 34% 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 Consumer Discretionary sector?


TH Market	0.16%
Consumer Discretionary	1.15%
Hospitality	3.32%
General Merchanise and Department Stores	1.75%
Auto Components	1.53%
Retail Distributors	0.83%
Luxury	0.38%
Online Retail and Ecommerce	0.077%
Auto	0%
Leisure	0%
Specialty Stores	-0.48%
Consumer Services	-0.92%
Consumer Durables	-1.15%

Industry PE

Investors are most optimistic about the Hospitality industry which is trading above its 3-year average PE ratio.

Analysts are expecting annual earnings growth of 52.0%, which is lower than the prior year's growth of 106.6% per year.

Forecasted Growth

Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 52% over the next 5 years.
This is better than its past earnings decline of 0.7% per year.

In contrast, the Auto Components industry is expected to see its earnings decline by 7.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
AWC Asset World Corp	฿6.25	1.6% +฿3.2b	48.1%	PE58.6x
CENTEL Central Plaza Hotel	฿48.50	4.3% +฿2.7b	56.5%	PE1243.9x
AH AAPICO Hitech	฿35.25	14.6% +฿1.6b	51.9%	PE8.1x
SNP S&P Syndicate	฿18.50	13.5% +฿1.1b	17.1%	PE21.1x
ILM Index Living Mall	฿19.10	7.3% +฿656.5m	7.9%	PE15.4x

Nov 16

Sector Valuation and Performance