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Thai (SET) Food Industry Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies54
  • 7D-0.1%
  • 3M-3.5%
  • 1Y-2.6%
  • YTD-8.2%

Over the last 7 days, the Food industry has remained flat, although notably R&B Food Supply gained 3.9%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022฿793.6b฿1.2t฿58.0b16.4x13.7x0.7x
Mon, 31 Oct 2022฿728.3b฿1.0t฿37.0b17.8x19.7x0.7x
Wed, 28 Sep 2022฿722.5b฿1.0t฿37.0b18.2x19.5x0.7x
Fri, 26 Aug 2022฿733.2b฿1.0t฿36.4b17.7x20.1x0.7x
Sun, 24 Jul 2022฿692.4b฿989.9b฿35.5b17.8x19.5x0.7x
Tue, 21 Jun 2022฿737.4b฿989.9b฿35.5b18.5x20.7x0.7x
Thu, 19 May 2022฿718.2b฿986.5b฿35.5b18.6x20.2x0.7x
Sat, 16 Apr 2022฿689.5b฿944.8b฿37.4b18.8x18.4x0.7x
Mon, 14 Mar 2022฿697.0b฿942.5b฿37.3b18.4x18.7x0.7x
Wed, 09 Feb 2022฿742.2b฿937.8b฿36.7b19.1x20.2x0.8x
Fri, 07 Jan 2022฿756.6b฿933.1b฿36.5bn/a20.7x0.8x
Sun, 05 Dec 2021฿709.1b฿932.3b฿36.5b18.7x19.5x0.8x
Tue, 02 Nov 2021฿732.5b฿957.5b฿51.3b17.1x14.3x0.8x
Thu, 30 Sep 2021฿736.3b฿957.4b฿51.3b17.5x14.4x0.8x
Sat, 28 Aug 2021฿747.3b฿957.4b฿51.3b17.4x14.6x0.8x
Sun, 04 Jul 2021฿724.2b฿952.6b฿51.1b16.5x14.2x0.8x
Wed, 07 Apr 2021฿705.0b฿952.0b฿51.3b14.6x13.7x0.7x
Sat, 09 Jan 2021฿615.0b฿970.8b฿49.2b15.1x12.5x0.6x
Fri, 02 Oct 2020฿601.6b฿967.0b฿43.6b15.7x13.8x0.6x
Mon, 06 Jul 2020฿618.4b฿945.4b฿39.9b15.8x15.5x0.7x
Thu, 09 Apr 2020฿501.5b฿937.7b฿35.7b13.8x14.1x0.5x
Wed, 01 Jan 2020฿577.3b฿920.8b฿33.8b16.4x17.1x0.6x
Price to Earnings Ratio

17.4x


Total Market Cap: ฿576.0bTotal Earnings: ฿33.1bTotal Revenue: ฿930.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Food Industry Price to Earnings3Y Average 16.5x202020212022
Current Industry PE
  • Investors are pessimistic on the Thai Food 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 13.7x which is lower than its 3-year average PE of 16.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 9.4% 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 Staples industry?

TH Market1.26%
Consumer Staples1.39%
Food-0.11%
Agricultural Products-0.0026%
Packaged Foods and Meats-0.11%
Industry PE
  • Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 11.1x.
    • Analysts are expecting annual earnings growth of 32.6%, which is higher than its past year's earnings decline of 21.9% per year.
  • Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading below its 3-year average of 16.2x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings decline of 22% per year.
  • In contrast, the Packaged Foods and Meats 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
RBF R&B Food Supply฿13.303.9%
+฿1.0b
-35.1%PE54x
BTG Betagro฿34.751.5%
+฿967.4m
n/aPE9.5x
SNNP Srinanaporn Marketing฿20.604.0%
+฿768.0m
85.6%PE40.8x
KSL Khon Kaen Sugar Industry฿3.742.2%
+฿352.8m
5.7%PE11.7x
NSL NSL Foods฿21.805.3%
+฿330.0m
13.0%PE24.8x
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Latest News

KTIS

฿3.78

Kaset Thai International Sugar Corporation

7D

-5.0%

1Y

-19.6%

ASIAN

฿14.90

Asian Sea Corporation

7D

-2.0%

1Y

-6.3%

RBF

฿13.30

R&B Food Supply

7D

3.9%

1Y

-35.1%

TKN

฿11.60

Taokaenoi Food & Marketing

7D

-1.7%

1Y

68.1%

TC

฿13.70

Tropical Canning (Thailand)

7D

-12.2%

1Y

138.3%

TVO

฿28.25

Thai Vegetable Oil

7D

0.9%

1Y

2.7%

XO

฿13.80

Exotic Food

7D

3.8%

1Y

-27.4%

TFMAMA

฿198.00

Thai President Foods

7D

0.3%

1Y

-0.3%

SNNP

฿20.60

Srinanaporn Marketing

7D

4.0%

1Y

85.6%

SAPPE

฿38.50

Sappe

7D

-3.8%

1Y

41.3%

NSL

฿21.80

NSL Foods

7D

5.3%

1Y

13.0%

GFPT

฿13.40

GFPT

7D

-1.5%

1Y

11.7%

AAI

฿7.50

Asian Alliance International

7D

-6.8%

1Y

n/a

KSL

฿3.74

Khon Kaen Sugar Industry

7D

2.2%

1Y

5.7%

BTG

฿34.75

Betagro

7D

1.5%

1Y

n/a

PLUS

฿8.30

Royal Plus

7D

-7.3%

1Y

n/a