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Thai (SET) Food Industry Analysis
UpdatedSep 15, 2024
DataAggregated Company Financials
Companies64
- 7D0.04%
- 3M-1.4%
- 1Y-1.9%
- YTD1.5%
Over the last 7 days, the Food industry has remained flat. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Thai Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 16 Sep 2024 | ฿816.7b | ฿1.3t | ฿41.0b | 14.1x | 19.9x | 0.6x |
| Wed, 14 Aug 2024 | ฿811.2b | ฿1.3t | ฿32.0b | 14.3x | 25.4x | 0.6x |
| Fri, 12 Jul 2024 | ฿835.5b | ฿1.2t | ฿27.3b | 17x | 30.6x | 0.7x |
| Sun, 09 Jun 2024 | ฿840.3b | ฿1.2t | ฿27.2b | 17x | 30.8x | 0.7x |
| Tue, 07 May 2024 | ฿809.4b | ฿1.2t | ฿23.3b | 19.5x | 34.8x | 0.6x |
| Thu, 04 Apr 2024 | ฿768.5b | ฿1.2t | ฿22.8b | 18.9x | 33.7x | 0.6x |
| Sat, 02 Mar 2024 | ฿773.6b | ฿1.2t | ฿22.1b | 19.3x | 35x | 0.6x |
| Mon, 29 Jan 2024 | ฿779.1b | ฿1.3t | ฿27.4b | 18.8x | 28.4x | 0.6x |
| Wed, 27 Dec 2023 | ฿793.9b | ฿1.3t | ฿27.4b | 18.8x | 29x | 0.6x |
| Fri, 24 Nov 2023 | ฿780.0b | ฿1.3t | ฿25.7b | 19.2x | 30.4x | 0.6x |
| Sun, 22 Oct 2023 | ฿748.9b | ฿1.3t | ฿40.8b | 18.4x | 18.3x | 0.6x |
| Tue, 19 Sep 2023 | ฿802.4b | ฿1.3t | ฿40.4b | 19.9x | 19.8x | 0.6x |
| Thu, 17 Aug 2023 | ฿762.5b | ฿1.3t | ฿42.1b | 19x | 18.1x | 0.6x |
| Sat, 15 Jul 2023 | ฿766.4b | ฿1.3t | ฿51.7b | 19.9x | 14.8x | 0.6x |
| Mon, 12 Jun 2023 | ฿822.8b | ฿1.3t | ฿51.6b | 18.6x | 16x | 0.6x |
| Wed, 10 May 2023 | ฿783.4b | ฿1.3t | ฿58.8b | 16.3x | 13.3x | 0.6x |
| Fri, 07 Apr 2023 | ฿805.4b | ฿1.3t | ฿60.0b | 16.1x | 13.4x | 0.6x |
| Sun, 05 Mar 2023 | ฿859.4b | ฿1.3t | ฿63.3b | 16.9x | 13.6x | 0.7x |
| Tue, 31 Jan 2023 | ฿879.3b | ฿1.2t | ฿64.3b | 15.7x | 13.7x | 0.7x |
| Thu, 29 Dec 2022 | ฿883.1b | ฿1.2t | ฿64.5b | 15.4x | 13.7x | 0.7x |
| Sat, 26 Nov 2022 | ฿794.4b | ฿1.2t | ฿59.4b | 15.5x | 13.4x | 0.7x |
| Mon, 24 Oct 2022 | ฿726.2b | ฿1.0t | ฿37.0b | 17.8x | 19.6x | 0.7x |
| Wed, 21 Sep 2022 | ฿737.7b | ฿1.0t | ฿37.0b | 18.4x | 20x | 0.7x |
| Fri, 19 Aug 2022 | ฿732.9b | ฿1.0t | ฿36.4b | 17.8x | 20.1x | 0.7x |
| Sun, 17 Jul 2022 | ฿708.2b | ฿989.9b | ฿35.5b | 17.8x | 19.9x | 0.7x |
| Tue, 14 Jun 2022 | ฿727.9b | ฿989.9b | ฿35.5b | 18.7x | 20.5x | 0.7x |
| Thu, 12 May 2022 | ฿700.7b | ฿952.8b | ฿37.5b | 18x | 18.7x | 0.7x |
| Sat, 09 Apr 2022 | ฿695.3b | ฿944.8b | ฿37.4b | 18.7x | 18.6x | 0.7x |
| Mon, 07 Mar 2022 | ฿717.3b | ฿942.5b | ฿37.3b | 18.6x | 19.2x | 0.8x |
| Wed, 02 Feb 2022 | ฿747.6b | ฿933.1b | ฿36.5b | 19.2x | 20.5x | 0.8x |
| Fri, 31 Dec 2021 | ฿738.8b | ฿933.1b | ฿36.5b | 19.2x | 20.3x | 0.8x |
| Sun, 28 Nov 2021 | ฿716.2b | ฿932.6b | ฿36.9b | 19x | 19.4x | 0.8x |
| Tue, 26 Oct 2021 | ฿729.9b | ฿957.5b | ฿51.3b | 17.4x | 14.2x | 0.8x |
| Thu, 23 Sep 2021 | ฿748.5b | ฿957.4b | ฿51.3b | 17.7x | 14.6x | 0.8x |
Price to Earnings Ratio
14.6x
Current Industry PE
- Investors are relatively neutral on the Thai Food industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.7x.
- The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
- The earnings for companies in the Food industry have declined 7.2% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.5% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Thai Consumer Staples industry?
| TH Market | -0.29% | |
| Consumer Staples | -0.77% | |
| Food | 0.037% | |
| Agricultural Products | 5.60% | |
| Packaged Foods and Meats | -0.041% | |
Industry PE
- Investors are most optimistic about the Agricultural Products industry even though it's trading below its 3-year average PE ratio of 54.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average of 20.7x.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 23% over the next 5 years.
- However this is lower than its past earnings growth rate of 32% per year.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 23% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NSL NSL Foods | ฿33.25 | 12.7% +฿1.1b | 40.9% | PE22.9x | |
| TFMAMA Thai President Foods | ฿197.50 | 0.8% +฿494.6m | 2.3% | PE15.2x | |
| TFG Thaifoods Group | ฿4.74 | 1.7% +฿464.9m | 24.7% | PS0.5x | |
| PRG PRG Corporation | ฿9.50 | 2.7% +฿173.4m | -21.5% | PE16.4x | |
| ICHI Ichitan Group | ฿16.10 | 0.6% +฿130.0m | 0.6% | PE15.3x |