Thai (SET) Hospitality Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies23
- 7D-2.6%
- 3M-11.2%
- 1Y-15.2%
- YTD-5.0%
Last week, the Hospitality industry hasn't moved much but ZEN Corporation Group is up 5.4% in that time. Unfortunately though, the industry is down 13% over the past 12 months. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Thai Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ฿455.8b | ฿273.3b | ฿15.8b | 22.3x | 28.8x | 1.7x |
| Sun, 23 Jun 2024 | ฿458.5b | ฿273.3b | ฿15.8b | 22.8x | 29x | 1.7x |
| Tue, 21 May 2024 | ฿488.3b | ฿271.8b | ฿15.7b | 23.1x | 31.2x | 1.8x |
| Thu, 18 Apr 2024 | ฿501.2b | ฿264.0b | ฿12.5b | 26x | 40.1x | 1.9x |
| Sat, 16 Mar 2024 | ฿494.5b | ฿264.0b | ฿12.5b | 25x | 39.6x | 1.9x |
| Mon, 12 Feb 2024 | ฿482.6b | ฿262.0b | ฿13.2b | 26.4x | 36.5x | 1.8x |
| Wed, 10 Jan 2024 | ฿499.0b | ฿268.7b | ฿15.4b | 25.2x | 32.3x | 1.9x |
| Fri, 08 Dec 2023 | ฿481.3b | ฿268.6b | ฿15.5b | 24.7x | 31.1x | 1.8x |
| Sun, 05 Nov 2023 | ฿491.2b | ฿260.2b | ฿17.9b | 26.4x | 27.5x | 1.9x |
| Tue, 03 Oct 2023 | ฿523.5b | ฿260.1b | ฿17.9b | 28.3x | 29.3x | 2x |
| Thu, 31 Aug 2023 | ฿562.5b | ฿260.1b | ฿17.9b | 29.4x | 31.5x | 2.2x |
| Sat, 29 Jul 2023 | ฿549.4b | ฿246.9b | ฿14.3b | 31.9x | 38.5x | 2.2x |
| Mon, 26 Jun 2023 | ฿571.3b | ฿246.9b | ฿14.3b | 33.5x | 40x | 2.3x |
| Wed, 24 May 2023 | ฿593.0b | ฿246.7b | ฿14.3b | 36.2x | 41.5x | 2.4x |
| Fri, 21 Apr 2023 | ฿588.0b | ฿224.4b | ฿8.1b | 67.2x | 72.8x | 2.6x |
| Sun, 19 Mar 2023 | ฿592.5b | ฿223.6b | ฿7.9b | 59.7x | 75x | 2.6x |
| Tue, 14 Feb 2023 | ฿624.9b | ฿201.3b | ฿1.4b | 38.5x | 462x | 3.1x |
| Thu, 12 Jan 2023 | ฿621.6b | ฿201.3b | ฿1.4b | 37.7x | 459.6x | 3.1x |
| Sat, 10 Dec 2022 | ฿601.7b | ฿201.3b | ฿1.4b | 37.4x | 444.8x | 3x |
| Mon, 07 Nov 2022 | ฿585.2b | ฿173.6b | -฿7,042,347,973.00 | 39.2x | -83.1x | 3.4x |
| Wed, 05 Oct 2022 | ฿562.4b | ฿173.4b | -฿7,086,612,973.00 | 46.7x | -79.4x | 3.2x |
| Fri, 02 Sep 2022 | ฿576.9b | ฿173.4b | -฿7,086,612,973.00 | 44.5x | -81.4x | 3.3x |
| Sun, 31 Jul 2022 | ฿546.7b | ฿146.5b | -฿17,785,887,583.00 | 61.9x | -30.7x | 3.7x |
| Tue, 28 Jun 2022 | ฿552.4b | ฿146.5b | -฿17,785,887,583.00 | 61.3x | -31.1x | 3.8x |
| Thu, 26 May 2022 | ฿544.8b | ฿146.5b | -฿17,785,887,583.00 | 60.7x | -30.6x | 3.7x |
| Sat, 23 Apr 2022 | ฿562.5b | ฿131.5b | -฿23,247,904,876.00 | 117.3x | -24.2x | 4.3x |
| Mon, 21 Mar 2022 | ฿529.8b | ฿131.5b | -฿23,247,904,876.00 | 117.3x | -22.8x | 4x |
| Wed, 16 Feb 2022 | ฿522.1b | ฿122.8b | -฿32,539,990,289.00 | 66.4x | -16x | 4.3x |
| Fri, 14 Jan 2022 | ฿489.2b | ฿122.8b | -฿32,539,990,289.00 | 67.8x | -15x | 4x |
| Sun, 12 Dec 2021 | ฿485.6b | ฿122.8b | -฿32,539,990,289.00 | 68.6x | -14.9x | 4x |
| Tue, 09 Nov 2021 | ฿532.1b | ฿119.9b | -฿37,671,651,501.00 | 64.2x | -14.1x | 4.4x |
| Thu, 07 Oct 2021 | ฿516.7b | ฿120.0b | -฿37,665,608,501.00 | 56x | -13.7x | 4.3x |
| Sat, 04 Sep 2021 | ฿496.3b | ฿120.0b | -฿37,665,608,501.00 | 56.6x | -13.2x | 4.1x |
| Mon, 02 Aug 2021 | ฿451.1b | ฿120.0b | -฿37,665,608,501.00 | 54.7x | -12x | 3.8x |
Price to Earnings Ratio
-12x
Current Industry PE
- Investors are pessimistic on the Thai Hospitality 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 29.0x which is lower than its 3-year average PE of 60.4x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 32% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Thai Consumer Discretionary industry?
| TH Market | -2.56% | |
| Consumer Discretionary | -2.10% | |
| Hospitality | -2.61% | |
| Leisure Facilities | 0.97% | |
| Casinos and Gaming | 0% | |
| Restaurants | -1.73% | |
| Hotels, Resorts and Cruise Lines | -2.87% | |
Industry PE
- Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 16.2%, which is higher than its past year's earnings growth of 12.2% per year.
- Investors are most pessimistic about the Restaurants industry, which is trading below its 3-year average of 66.5x.
Forecasted Growth
- Analysts are most optimistic on the Hotels, Resorts and Cruise Lines industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Restaurants industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| ZEN ZEN Corporation Group | ฿5.90 | 5.4% +฿89.5m | -51.6% | PE12.6x | |
| ROH Royal Orchid Hotel (Thailand) | ฿2.64 | 1.5% +฿37.6m | -16.5% | PS2.8x | |
| MANRIN Mandarin Hotel | ฿34.50 | 3.8% +฿33.6m | 20.0% | PE22.3x | |
| CSR City Sports and Recreation | ฿78.25 | 1.0% +฿15.4m | 10.2% | PE28.6x |