Has the Thai Food Industry valuation changed over the past few years?
|Tue, 07 Dec 2021||฿709.1b||฿932.3b||฿36.5b||18.7x|
|Thu, 04 Nov 2021||฿722.2b||฿957.5b||฿51.3b||16.9x|
|Sat, 02 Oct 2021||฿733.6b||฿957.5b||฿51.3b||17.4x|
|Mon, 30 Aug 2021||฿749.4b||฿957.4b||฿51.3b||17.5x|
|Tue, 06 Jul 2021||฿724.2b||฿952.6b||฿51.1b||16.5x|
|Fri, 09 Apr 2021||฿705.0b||฿952.0b||฿51.3b||14.6x|
|Thu, 31 Dec 2020||฿615.0b||฿970.8b||฿49.2b||15.1x|
|Sun, 04 Oct 2020||฿601.6b||฿967.0b||฿43.6b||15.7x|
|Wed, 08 Jul 2020||฿618.4b||฿945.4b||฿39.9b||15.8x|
|Tue, 31 Mar 2020||฿501.5b||฿937.7b||฿35.7b||13.8x|
|Fri, 03 Jan 2020||฿577.3b||฿920.8b||฿33.8b||16.4x|
|Mon, 07 Oct 2019||฿581.9b||฿926.3b||฿32.7b||19.6x|
|Sun, 30 Jun 2019||฿622.0b||฿939.5b||฿32.3b||19.9x|
|Wed, 03 Apr 2019||฿583.0b||฿948.8b||฿34.5b||19.7x|
|Sat, 05 Jan 2019||฿552.0b||฿947.3b||฿32.8b||18.1x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.2x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Food industry have grown 3.6% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the Thai Food industry?
|Packaged Foods and Meats||-0.58%|
Industry PE: Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 17.8x. However analysts are expecting annual earnings growth of 25%, which is lower than the prior year's growth of 74% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average of 17.1x.
Forecasted Growth: Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 25% over the next 5 years. However this is lower than its past earnings growth rate of 74% per year. Meanwhile, the Packaged Foods and Meats industry is expected to see its earnings grow by 22% per year over the next few years.
Which companies have driven the market over the last 7 days?
NR Instant Produce
Charoen Pokphand Foods
Taokaenoi Food & Marketing
Thai Sugar Terminal
R&B Food Supply
United Palm Oil Industry
Thai Union Group
Khon Kaen Sugar Industry