Thai (SET) Energy Sector Analysis
UpdatedNov 27, 2023
DataAggregated Company Financials
Companies29
- 7D0.4%
- 3M-3.5%
- 1Y-9.2%
- YTD-6.0%
In the last week, Energy has been flat. Unfortunately though, the industry is down 9.2% over the past 12 months. Earnings are forecast to grow by 3.3% annually.
Sector Valuation and Performance
Has the Thai Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 Nov 2023 | ฿2.0t | ฿5.4t | ฿213.7b | 11.5x | 9.6x | 0.4x |
| Thu, 26 Oct 2023 | ฿2.0t | ฿5.6t | ฿172.5b | 9.7x | 11.8x | 0.4x |
| Sat, 23 Sep 2023 | ฿2.0t | ฿5.6t | ฿172.0b | 10.7x | 11.9x | 0.4x |
| Mon, 21 Aug 2023 | ฿2.1t | ฿5.6t | ฿170.4b | 10.1x | 12.3x | 0.4x |
| Wed, 19 Jul 2023 | ฿2.0t | ฿5.9t | ฿256.0b | 9.7x | 8x | 0.3x |
| Fri, 16 Jun 2023 | ฿1.9t | ฿5.9t | ฿258.0b | 10.6x | 7.4x | 0.3x |
| Sun, 14 May 2023 | ฿1.9t | ฿5.9t | ฿256.4b | 12.3x | 7.5x | 0.3x |
| Tue, 11 Apr 2023 | ฿2.0t | ฿5.9t | ฿265.6b | 12.3x | 7.5x | 0.3x |
| Thu, 09 Mar 2023 | ฿2.0t | ฿5.9t | ฿268.9b | 9.8x | 7.4x | 0.3x |
| Sat, 04 Feb 2023 | ฿2.1t | ฿5.6t | ฿291.3b | 11.6x | 7.3x | 0.4x |
| Mon, 02 Jan 2023 | ฿2.2t | ฿5.7t | ฿296.4b | 10.6x | 7.3x | 0.4x |
| Wed, 30 Nov 2022 | ฿2.2t | ฿5.7t | ฿299.4b | 12.7x | 7.4x | 0.4x |
| Fri, 28 Oct 2022 | ฿2.2t | ฿5.2t | ฿322.6b | 10.8x | 6.9x | 0.4x |
| Sun, 25 Sep 2022 | ฿2.2t | ฿5.1t | ฿308.1b | 10.7x | 7.3x | 0.4x |
| Tue, 23 Aug 2022 | ฿2.2t | ฿5.1t | ฿303.8b | 10.7x | 7.2x | 0.4x |
| Thu, 21 Jul 2022 | ฿2.1t | ฿4.4t | ฿225.3b | 9.8x | 9.3x | 0.5x |
| Sat, 18 Jun 2022 | ฿2.1t | ฿4.4t | ฿222.8b | 10.9x | 9.3x | 0.5x |
| Mon, 16 May 2022 | ฿2.1t | ฿4.1t | ฿229.0b | 11.3x | 9.2x | 0.5x |
| Wed, 13 Apr 2022 | ฿2.1t | ฿3.9t | ฿212.4b | 11.2x | 9.9x | 0.5x |
| Fri, 11 Mar 2022 | ฿2.2t | ฿3.9t | ฿210.5b | 11x | 10.2x | 0.6x |
| Sun, 06 Feb 2022 | ฿2.1t | ฿3.4t | ฿192.1b | 12.1x | 11.1x | 0.6x |
| Tue, 04 Jan 2022 | ฿2.0t | ฿3.4t | ฿183.9b | 11.4x | 10.9x | 0.6x |
| Thu, 02 Dec 2021 | ฿2.0t | ฿3.4t | ฿184.5b | 11.2x | 10.6x | 0.6x |
| Sat, 30 Oct 2021 | ฿2.0t | ฿3.1t | ฿163.1b | 14.4x | 12.5x | 0.7x |
| Mon, 27 Sep 2021 | ฿2.0t | ฿3.1t | ฿163.0b | 14.9x | 12.5x | 0.7x |
| Wed, 25 Aug 2021 | ฿1.9t | ฿3.1t | ฿161.7b | 14.2x | 11.8x | 0.6x |
| Thu, 01 Jul 2021 | ฿2.0t | ฿3.1t | ฿161.7b | 13.3x | 12.6x | 0.7x |
| Sun, 04 Apr 2021 | ฿2.1t | ฿2.7t | ฿128.4b | 16.4x | 16.2x | 0.8x |
| Wed, 06 Jan 2021 | ฿2.0t | ฿2.7t | ฿31.4b | 13.3x | 63.8x | 0.7x |
Price to Earnings Ratio
61.5x
Current Industry PE
- Investors are pessimistic on the Thai Energy 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 9.6x which is lower than its 3-year average PE of 16.0x.
- The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 91% per year over the last three years.
- Revenues for these companies have grown 22% 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 Energy sector?
| TH Market | -1.25% | |
| Energy | 0.43% | |
| Energy Services | 5.25% | |
| Oil and Gas | 0.42% | |
Industry PE
- Investors are most optimistic about the Oil and Gas industry even though it's trading below its 3-year average PE ratio of 15.9x.
- Analysts are expecting annual earnings growth of 3.3%, which is higher than its past year's earnings decline of 25.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 3.3% over the next 5 years.
- This is better than its past earnings decline of 26% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 3.3% 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 | |
|---|---|---|---|---|---|
| PTT PTT | ฿34.75 | 0.7% +฿7.1b | 4.5% | PE10.1x | |
| TOP Thai Oil | ฿51.50 | 0.5% +฿558.5m | -5.9% | PE6.9x | |
| AI Asian Insulators | ฿4.34 | 1.9% +฿56.0m | -27.7% | PE27.9x | |
| QLT Qualitech | ฿3.08 | 19.4% +฿49.3m | -49.5% | PS0.7x | |
| UBE Ubon Bio Ethanol | ฿0.80 | 1.3% +฿39.1m | -46.3% | PE83.1x |