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Thai (SET) Hospitality Industry Analysis

UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies22
  • 7D6.7%
  • 3M7.1%
  • 1Y-4.0%
  • YTD5.8%

The Hospitality industry is up 6.7% in the last week, with Minor International up 10%. In the past year, the industry is down 4.0%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

Has the Thai Hospitality Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Feb 2026฿346.4b฿278.7b฿17.3b17.1x20x1.2x
Mon, 05 Jan 2026฿328.6b฿278.7b฿17.3b17.2x19x1.2x
Wed, 03 Dec 2025฿313.8b฿278.7b฿17.3b17.2x18.1x1.1x
Fri, 31 Oct 2025฿328.5b฿279.0b฿15.4b21.9x21.4x1.2x
Sun, 28 Sep 2025฿350.7b฿279.0b฿15.4b22.1x22.8x1.3x
Tue, 26 Aug 2025฿344.5b฿287.2b฿16.9b18.4x20.4x1.2x
Thu, 24 Jul 2025฿327.7b฿289.4b฿17.4b20.1x18.8x1.1x
Sat, 21 Jun 2025฿282.9b฿289.4b฿17.4b17.5x16.2x1x
Mon, 19 May 2025฿312.9b฿291.6b฿17.6b19.5x17.8x1.1x
Wed, 16 Apr 2025฿334.8b฿288.4b฿17.9b18.1x18.7x1.2x
Fri, 14 Mar 2025฿390.5b฿288.4b฿17.9b20x21.8x1.4x
Sun, 09 Feb 2025฿367.5b฿281.0b฿13.4b24.6x27.5x1.3x
Tue, 07 Jan 2025฿405.4b฿281.0b฿13.4b27.8x30.4x1.4x
Thu, 05 Dec 2024฿440.3b฿281.0b฿13.4b27.4x33x1.6x
Sat, 02 Nov 2024฿436.2b฿278.8b฿15.4b23.9x28.3x1.6x
Mon, 30 Sep 2024฿456.2b฿278.8b฿15.4b24.1x29.6x1.6x
Wed, 28 Aug 2024฿427.1b฿278.8b฿15.4b21.8x27.7x1.5x
Fri, 26 Jul 2024฿455.8b฿273.3b฿15.8b22.3x28.8x1.7x
Sun, 23 Jun 2024฿458.5b฿273.3b฿15.8b22.8x29x1.7x
Tue, 21 May 2024฿488.3b฿271.8b฿15.7b23.1x31.2x1.8x
Thu, 18 Apr 2024฿501.2b฿264.0b฿12.5b26x40.1x1.9x
Sat, 16 Mar 2024฿494.5b฿264.0b฿12.5b25x39.6x1.9x
Mon, 12 Feb 2024฿482.6b฿262.0b฿13.2b26.4x36.5x1.8x
Wed, 10 Jan 2024฿499.0b฿268.7b฿15.4b25.2x32.3x1.9x
Fri, 08 Dec 2023฿481.3b฿268.6b฿15.5b24.7x31.1x1.8x
Sun, 05 Nov 2023฿491.2b฿260.2b฿17.9b26.4x27.5x1.9x
Tue, 03 Oct 2023฿523.5b฿260.1b฿17.9b28.3x29.3x2x
Thu, 31 Aug 2023฿562.5b฿260.1b฿17.9b29.4x31.5x2.2x
Sat, 29 Jul 2023฿549.4b฿246.9b฿14.3b31.9x38.5x2.2x
Mon, 26 Jun 2023฿571.3b฿246.9b฿14.3b33.5x40x2.3x
Wed, 24 May 2023฿593.0b฿246.7b฿14.3b36.2x41.5x2.4x
Fri, 21 Apr 2023฿588.0b฿224.4b฿8.1b67.2x72.8x2.6x
Sun, 19 Mar 2023฿592.5b฿223.6b฿7.9b59.7x75x2.6x
Tue, 14 Feb 2023฿624.9b฿201.3b฿1.4b38.5x462x3.1x
Price to Earnings Ratio

462x


Total Market Cap: ฿624.9bTotal Earnings: ฿1.4bTotal Revenue: ฿201.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Hospitality Industry Price to Earnings3Y Average 38.2x202420252026
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 20.0x which is lower than its 3-year average PE of 38.2x.
  • The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Hospitality industry have grown 134% per year over the last three years.
  • Revenues for these companies have grown 11% 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 industry?

TH Market2.12%
Consumer Discretionary2.77%
Hospitality6.67%
Hotels, Resorts and Cruise Lines7.67%
Leisure Facilities3.97%
Restaurants3.62%
Industry PE
  • Investors are most optimistic about the Restaurants industry which is trading above its 3-year average PE ratio of 26.5x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 16.0% per year.
  • Investors are most pessimistic about the Hotels, Resorts and Cruise Lines industry, which is trading below its 3-year average of 29.3x.
Forecasted Growth
  • Analysts are most optimistic on the Restaurants industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings decline of 16% per year.
  • In contrast, the Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
MINT Minor International฿25.2510.3%
+฿13.3b
-1.0%PE18x
AWC Asset World Corp฿2.326.4%
+฿4.5b
-21.6%PE11.6x
M MK Restaurant Group฿20.609.6%
+฿1.6b
17.7%PE17.1x
ERW Erawan Group฿2.789.4%
+฿1.2b
-15.8%PE16.1x
CENTEL Central Plaza Hotel฿36.002.1%
+฿1.0b
30.9%PE28.8x

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