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Thai (SET) Food Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies66
  • 7D2.4%
  • 3M-3.2%
  • 1Y-13.1%
  • YTD-13.9%

Over the last 7 days, the Food industry has risen 2.2%, driven by gains from Charoen Pokphand Foods of 4.3%. In contrast, the industry has lost 13% in the last 12 months. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025฿665.3b฿1.3t฿73.3b11.2x9.1x0.5x
Fri, 21 Nov 2025฿668.1b฿1.3t฿74.2b11.6x9x0.5x
Sun, 19 Oct 2025฿686.3b฿1.3t฿76.7b11.3x9x0.5x
Tue, 16 Sep 2025฿706.8b฿1.3t฿76.7b11.6x9.2x0.5x
Thu, 14 Aug 2025฿708.4b฿1.3t฿72.4b11.3x9.8x0.5x
Sat, 12 Jul 2025฿642.9b฿1.3t฿70.3b10.7x9.1x0.5x
Mon, 09 Jun 2025฿697.9b฿1.3t฿70.5b10.4x9.9x0.5x
Wed, 07 May 2025฿715.7b฿1.3t฿60.3b11x11.9x0.6x
Fri, 04 Apr 2025฿686.0b฿1.3t฿60.4b10.8x11.4x0.5x
Sun, 02 Mar 2025฿711.2b฿1.3t฿60.4b11.6x11.8x0.6x
Tue, 28 Jan 2025฿717.4b฿1.3t฿53.8b11.9x13.3x0.6x
Thu, 26 Dec 2024฿767.8b฿1.3t฿53.8b13x14.3x0.6x
Sat, 23 Nov 2024฿790.9b฿1.3t฿55.1b13.7x14.4x0.6x
Mon, 21 Oct 2024฿839.4b฿1.3t฿41.1b14.8x20.4x0.7x
Wed, 18 Sep 2024฿813.3b฿1.3t฿41.0b14.1x19.9x0.6x
Fri, 16 Aug 2024฿814.2b฿1.3t฿41.2b14x19.7x0.6x
Sun, 14 Jul 2024฿832.9b฿1.2t฿27.5b17.2x30.3x0.7x
Tue, 11 Jun 2024฿840.3b฿1.2t฿27.3b17.3x30.8x0.7x
Thu, 09 May 2024฿808.1b฿1.2t฿23.5b19.4x34.5x0.6x
Sat, 06 Apr 2024฿765.8b฿1.2t฿22.8b18.9x33.6x0.6x
Mon, 04 Mar 2024฿773.3b฿1.2t฿22.8b19.7x34x0.6x
Wed, 31 Jan 2024฿784.3b฿1.3t฿27.4b19x28.6x0.6x
Fri, 29 Dec 2023฿800.1b฿1.3t฿27.4b18.8x29.2x0.6x
Sun, 26 Nov 2023฿775.0b฿1.3t฿25.6b19.1x30.2x0.6x
Tue, 24 Oct 2023฿748.9b฿1.3t฿40.8b18.4x18.3x0.6x
Thu, 21 Sep 2023฿789.4b฿1.3t฿40.4b20.1x19.5x0.6x
Sat, 19 Aug 2023฿770.5b฿1.3t฿41.0b19.2x18.8x0.6x
Mon, 17 Jul 2023฿766.4b฿1.3t฿51.7b19.9x14.8x0.6x
Wed, 14 Jun 2023฿829.3b฿1.3t฿51.6b19x16.1x0.6x
Fri, 12 May 2023฿791.5b฿1.3t฿58.8b16.3x13.5x0.6x
Sun, 09 Apr 2023฿798.2b฿1.3t฿60.0b15.8x13.3x0.6x
Tue, 07 Mar 2023฿859.4b฿1.3t฿63.3b16.9x13.6x0.7x
Thu, 02 Feb 2023฿892.3b฿1.2t฿64.3b15.7x13.9x0.7x
Sat, 31 Dec 2022฿892.0b฿1.2t฿64.3b15.5x13.9x0.7x
Price to Earnings Ratio

13.9x


Total Market Cap: ฿892.0bTotal Earnings: ฿64.3bTotal Revenue: ฿1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Food Industry Price to Earnings3Y Average 18x202320242025
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 9.0x which is lower than its 3-year average PE of 18.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 4.4% 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.

Industry Trends

Which industries have driven the changes within the Thai Consumer Staples industry?

TH Market0.83%
Consumer Staples1.83%
Food2.40%
Packaged Foods and Meats2.45%
Agricultural Products-0.094%
Industry PE
  • Investors are most optimistic about the Agricultural Products industry even though it's trading below its 3-year average PE ratio of 52.3x.
    • Analysts are expecting annual earnings growth of 20.3%, which is higher than its past year's earnings decline of 9.6% per year.
  • Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading below its 3-year average of 17.9x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 9.6% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CPF Charoen Pokphand Foods฿21.903.8%
+฿6.6b
-4.4%PE6.6x
ITC i-Tail Corporation฿16.004.6%
+฿2.1b
-28.9%PE16.1x
TFG Thaifoods Group฿5.206.1%
+฿1.7b
52.0%PE4.2x
BTG Betagro฿18.204.0%
+฿1.3b
-2.7%PE5.3x
TU Thai Union Group฿12.701.6%
+฿771.0m
-0.8%PE10.3x

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