Thai (SET) Energy Sector Analysis
- 7D-2.1%
- 3M-0.9%
- 1Y-1.2%
- YTD-3.7%
Over the last 7 days, the Energy industry has dropped 2.1%, driven by a decline by PTT of 0.7%. As for the longer term, the industry's performance has been flat for the past year.
Sector Valuation and Performance
Has the Thai Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | ฿2.0t | ฿3.4t | ฿184.5b | 11.2x |
| Mon, 01 Nov 2021 | ฿2.0t | ฿3.1t | ฿165.4b | 13.9x |
| Wed, 29 Sep 2021 | ฿2.1t | ฿3.1t | ฿163.2b | 15.6x |
| Fri, 27 Aug 2021 | ฿1.9t | ฿3.1t | ฿161.7b | 14.2x |
| Sat, 03 Jul 2021 | ฿2.0t | ฿3.1t | ฿161.7b | 13.3x |
| Tue, 06 Apr 2021 | ฿2.1t | ฿2.7t | ฿128.4b | 16.4x |
| Fri, 08 Jan 2021 | ฿2.0t | ฿2.7t | ฿31.4b | 13.3x |
| Thu, 01 Oct 2020 | ฿1.5t | ฿3.0t | ฿30.5b | 14.3x |
| Sun, 05 Jul 2020 | ฿1.8t | ฿3.2t | ฿36.7b | 11x |
| Wed, 08 Apr 2020 | ฿1.4t | ฿3.6t | ฿66.6b | 8.6x |
| Tue, 31 Dec 2019 | ฿2.2t | ฿3.7t | ฿144.8b | 13.1x |
| Fri, 04 Oct 2019 | ฿2.3t | ฿3.8t | ฿133.7b | 14.9x |
| Mon, 08 Jul 2019 | ฿2.4t | ฿4.0t | ฿158.0b | 19.9x |
| Sun, 31 Mar 2019 | ฿2.4t | ฿4.0t | ฿173.1b | 18.8x |
| Wed, 02 Jan 2019 | ฿2.3t | ฿4.0t | ฿188.0b | 15.5x |
15.5x
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 14.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Energy industry have declined 8.4% per year over the last three years, and revenues have also declined 4.1% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Thai Energy sector?
| Oil and Gas | -2.10% | |
| Energy Services | -2.40% | |
Industry PE: Investors are most optimistic about the Energy Services industry, which is trading close to its 3-year average PE ratio of 18.3x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 13.9x.
Forecasted Growth: Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 2.6% over the next 5 years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| PTTEP Exploration and Production | 0.9%+฿4.0b | 15.8% | PE14.3x | |
| ABM Asia Biomass | 31.8%+฿210.0m | 262.5% | PE35.3x | |
| SUSCO Susco | 0.6%+฿20.0m | 14.9% | PE10.3x |