Header cover image

Thai (SET) Luxury Industry Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies20
  • 7D0.7%
  • 3M5.0%
  • 1Y-6.3%
  • YTD0.002%

Over the last 7 days, the Luxury industry has dropped 1.4%, driven by a pullback from Thai Wacoal of 3.9%. Overall the industry is down 7.0% in 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024฿53.6b฿43.6b฿2.2b20.2x24.1x1.2x
Fri, 26 Jan 2024฿53.2b฿43.4b฿2.1b22.9x25.9x1.2x
Sun, 24 Dec 2023฿52.4b฿43.4b฿2.1b23.6x25.5x1.2x
Tue, 21 Nov 2023฿51.5b฿43.3b฿2.1b23.9x25.1x1.2x
Thu, 19 Oct 2023฿54.9b฿44.0b฿2.2b26.9x24.9x1.2x
Sat, 16 Sep 2023฿57.1b฿44.0b฿2.2b26.6x25.9x1.3x
Mon, 14 Aug 2023฿56.8b฿43.5b฿2.4b23.6x24.1x1.3x
Wed, 12 Jul 2023฿57.2b฿44.2b฿2.4b21.2x23.4x1.3x
Fri, 09 Jun 2023฿60.6b฿44.2b฿2.4b24.2x24.8x1.4x
Sun, 07 May 2023฿53.4b฿43.5b฿2.6b18x20.2x1.2x
Tue, 04 Apr 2023฿55.1b฿43.5b฿2.6b19x20.9x1.3x
Thu, 02 Mar 2023฿54.6b฿42.1b฿2.6b22.1x20.9x1.3x
Sat, 28 Jan 2023฿55.8b฿41.3b฿2.6b20.3x21.6x1.3x
Mon, 26 Dec 2022฿49.0b฿41.3b฿2.6b18.9x19x1.2x
Wed, 23 Nov 2022฿41.2b฿40.4b฿2.5b16.5x16.4x1x
Fri, 21 Oct 2022฿43.0b฿37.4b฿2.0b16x21.5x1.2x
Sun, 18 Sep 2022฿41.9b฿37.4b฿2.0b17.6x20.9x1.1x
Tue, 16 Aug 2022฿41.9b฿36.1b฿2.6b15.3x16.2x1.2x
Thu, 14 Jul 2022฿39.4b฿34.8b฿1.5b19.5x26.8x1.1x
Sat, 11 Jun 2022฿42.6b฿34.8b฿1.5b19.6x28.9x1.2x
Mon, 09 May 2022฿37.4b฿33.1b฿1.1b19.3x34.6x1.1x
Wed, 06 Apr 2022฿39.2b฿33.1b฿1.1b19.5x36.7x1.2x
Fri, 04 Mar 2022฿40.3b฿33.3b฿1.1b20.1x37.6x1.2x
Sun, 30 Jan 2022฿38.8b฿31.9b฿829.9m19.7x46.7x1.2x
Tue, 28 Dec 2021฿38.3b฿31.9b฿829.9m19.9x46.2x1.2x
Thu, 25 Nov 2021฿38.2b฿31.9b฿829.9m16.4x46x1.2x
Sat, 23 Oct 2021฿37.4b฿31.7b฿411.2m16.7x90.8x1.2x
Mon, 20 Sep 2021฿36.7b฿31.7b฿411.2m16.7x89.2x1.2x
Wed, 18 Aug 2021฿35.2b฿31.7b฿411.2m16.3x85.5x1.1x
Wed, 02 Jun 2021฿37.5b฿29.8b฿52.8m18.7x710.8x1.3x
Sat, 06 Mar 2021฿35.1b฿30.4b฿29.0m18.5x1211.2x1.2x
Price to Earnings Ratio

1211.2x


Total Market Cap: ฿35.1bTotal Earnings: ฿29.0mTotal Revenue: ฿30.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Luxury Industry Price to Earnings3Y Average 95.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Thai Luxury 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 24.0x which is lower than its 3-year average PE of 95.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have grown 324% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Market0.99%
Consumer Discretionary1.74%
Luxury0.66%
Footwear2.82%
Apparel, Accessories and Luxury Goods0.63%
Textiles0.11%
Industry PE
  • Investors are most optimistic about the Textiles industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Footwear industry, which is trading below its 3-year average of 31.7x.
Forecasted Growth
  • Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 25% per year.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 13% 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
TNL Thanulux฿35.251.4%
+฿152.3m
7.6%PE21.3x
RSP Rich Sport฿2.524.1%
+฿74.3m
-11.3%PE18.1x
TPCS TPCS฿16.902.4%
+฿43.2m
-20.7%PE12.8x
MTW Make To Win Holding฿2.662.3%
+฿40.4m
-14.9%PE33.1x
WARRIX Warrix Sport฿5.251.0%
+฿29.5m
-47.5%PE22.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

SAWANG

฿14.00

Sawang Export

7D

-6.0%

1Y

-1.4%

WACOAL

฿31.00

Thai Wacoal

7D

-3.9%

1Y

-13.3%

TNL

฿35.25

Thanulux

7D

1.4%

1Y

7.6%

RSP

฿2.52

Rich Sport

7D

4.1%

1Y

-11.3%

PDJ

฿1.88

Pranda Jewelry

7D

1.6%

1Y

-34.1%

PAF

฿1.40

Pan Asia Footwear

7D

-4.1%

1Y

-6.7%

SABINA

฿26.25

Sabina

7D

-1.9%

1Y

-0.9%

PG

฿9.20

People's Garment

7D

1.7%

1Y

11.5%

MTW

฿2.66

Make To Win Holding

7D

2.3%

1Y

-14.9%

TPCS

฿16.90

TPCS

7D

2.4%

1Y

-20.7%

NPK

฿15.50

New Plus Knitting

7D

-2.5%

1Y

-4.9%

CPL

฿1.49

CPL Group

7D

2.1%

1Y

-40.4%

WARRIX

฿5.25

Warrix Sport

7D

1.0%

1Y

-47.5%

TTI

฿27.25

Thai Textile Industry

7D

-1.8%

1Y

-8.4%

CWT

฿1.44

Chai Watana Tannery Group

7D

-2.7%

1Y

-42.9%