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Thai (SET) Energy Sector Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies28
  • 7D0.7%
  • 3M-4.6%
  • 1Y10.9%
  • YTD8.5%

In the last week, Energy has been flat. The past year has been better, since the industry has gained 11% in that time. As for the next few years, earnings are forecast to decline by 5.5% per annum.

Sector Valuation and Performance

Has the Thai Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022฿2.2t฿5.7t฿299.3b12.5x7.4x0.4x
Tue, 25 Oct 2022฿2.2t฿5.1t฿309.6b10.9x7.1x0.4x
Thu, 22 Sep 2022฿2.3t฿5.1t฿306.8b10.8x7.4x0.4x
Sat, 20 Aug 2022฿2.2t฿5.1t฿303.4b10.8x7.3x0.4x
Mon, 18 Jul 2022฿2.0t฿4.4t฿225.3b9.8x9x0.5x
Wed, 15 Jun 2022฿2.2t฿4.4t฿222.4b11.3x10.1x0.5x
Fri, 13 May 2022฿2.1t฿3.9t฿211.9b11.2x10.1x0.5x
Sun, 10 Apr 2022฿2.1t฿3.9t฿212.3b11.4x10x0.5x
Tue, 08 Mar 2022฿2.2t฿3.9t฿210.5b11.3x10.3x0.6x
Thu, 03 Feb 2022฿2.1t฿3.4t฿192.2b11.7x10.8x0.6x
Sat, 01 Jan 2022฿2.0t฿3.4t฿184.1b11.4x10.9x0.6x
Mon, 29 Nov 2021฿2.0t฿3.4t฿184.5b11.6x10.7x0.6x
Wed, 27 Oct 2021฿2.1t฿3.1t฿162.8b15.3x13x0.7x
Fri, 24 Sep 2021฿2.0t฿3.1t฿163.1b14.9x12.5x0.7x
Sun, 22 Aug 2021฿1.8t฿3.1t฿161.7b12.9x11.1x0.6x
Fri, 09 Jul 2021฿2.0t฿3.1t฿161.7b13.3x12.6x0.7x
Thu, 01 Apr 2021฿2.1t฿2.7t฿128.4b16.4x16.2x0.8x
Sun, 03 Jan 2021฿2.0t฿2.7t฿31.4b13.3x63.8x0.7x
Wed, 07 Oct 2020฿1.5t฿3.0t฿30.5b14.3x49x0.5x
Tue, 30 Jun 2020฿1.8t฿3.2t฿36.7b11x48.1x0.5x
Fri, 03 Apr 2020฿1.4t฿3.6t฿66.6b8.6x20.7x0.4x
Mon, 06 Jan 2020฿2.2t฿3.7t฿144.8b13.1x15.3x0.6x
Price to Earnings Ratio

16.1x


Total Market Cap: ฿2.2tTotal Earnings: ฿133.7bTotal Revenue: ฿3.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Energy Sector Price to Earnings3Y Average 23.4x202020212022
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 7.4x which is lower than its 3-year average PE of 23.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market0.16%
Energy0.66%
Oil and Gas0.66%
Energy Services-1.88%
Industry PE
  • Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 23.3x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Oil and Gas industry since they expect its earnings to decline by only 5.5% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 12% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings decline by 5.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PTT PTT฿33.750.7%
+฿7.1b
-8.8%PE9.5x
BANPU Banpu฿13.004.8%
+฿5.1b
18.2%PE2.4x
SPRC Star Petroleum Refining฿11.802.6%
+฿1.3b
23.6%PE5.5x
IRPC IRPC฿3.062.0%
+฿1.2b
-22.3%PE12.5x
TOP Thai Oil฿55.000.9%
+฿1.1b
10.6%PE3.3x
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Latest News

PTT

฿33.75

PTT

7D

0.7%

1Y

-8.8%

PSTC

฿1.63

Power Solution Technologies

7D

-4.7%

1Y

-36.8%

EE-R

฿0.65

Eternal Energy

7D

-4.4%

1Y

-59.6%

IRPC

฿3.06

IRPC

7D

2.0%

1Y

-22.3%

UBE

฿1.52

Ubon Bio Ethanol

7D

-0.7%

1Y

-32.7%

SUSCO

฿4.40

Susco

7D

5.3%

1Y

36.6%

SPRC

฿11.80

Star Petroleum Refining

7D

2.6%

1Y

23.6%

SKE

฿0.72

Sakol Energy

7D

-2.7%

1Y

-27.3%

RPC

฿0.97

RPCG

7D

-2.0%

1Y

-29.7%

ESSO

฿12.50

Esso (Thailand)

7D

0.8%

1Y

67.8%

BANPU

฿13.00

Banpu

7D

4.8%

1Y

18.2%

BCP

฿31.75

Bangchak Corporation

7D

0.8%

1Y

27.0%

BBGI

฿6.15

BBGI

7D

-0.8%

1Y

n/a

ABM

฿1.96

Asia Biomass

7D

-3.0%

1Y

-10.9%

TOP

฿55.00

Thai Oil

7D

0.9%

1Y

10.6%

PTTEP

฿186.50

PTT Exploration and Production

7D

-0.3%

1Y

60.1%