Thai (SET) Energy Sector Analysis
UpdatedMay 04, 2024
DataAggregated Company Financials
Companies29
- 7D-1.3%
- 3M-0.9%
- 1Y5.1%
- YTD-3.0%
Over the last 7 days, the Energy industry has dropped 1.3%, driven by a pullback from PTT Exploration and Production of 2.9%. Over the past 12 months, the industry was up 5.1%. Earnings are forecast to be flat in the coming years.
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 |
|---|---|---|---|---|---|---|
| Sat, 04 May 2024 | ฿2.0t | ฿5.5t | ฿240.4b | 13.9x | 8.2x | 0.4x |
| Mon, 01 Apr 2024 | ฿2.0t | ฿5.5t | ฿240.9b | 14.4x | 8.4x | 0.4x |
| Wed, 28 Feb 2024 | ฿2.1t | ฿5.5t | ฿239.7b | 13.9x | 8.6x | 0.4x |
| Fri, 26 Jan 2024 | ฿2.0t | ฿5.5t | ฿214.4b | 10.4x | 9.3x | 0.4x |
| Sun, 24 Dec 2023 | ฿2.0t | ฿5.4t | ฿211.9b | 10.8x | 9.5x | 0.4x |
| Tue, 21 Nov 2023 | ฿2.1t | ฿5.4t | ฿213.2b | 11.6x | 9.6x | 0.4x |
| Thu, 19 Oct 2023 | ฿2.1t | ฿5.6t | ฿172.9b | 10.1x | 12.2x | 0.4x |
| Sat, 16 Sep 2023 | ฿2.1t | ฿5.6t | ฿171.4b | 11.1x | 12.2x | 0.4x |
| Mon, 14 Aug 2023 | ฿2.1t | ฿5.6t | ฿183.4b | 13.5x | 11.6x | 0.4x |
| Wed, 12 Jul 2023 | ฿2.0t | ฿5.9t | ฿257.9b | 9.3x | 7.7x | 0.3x |
| Fri, 09 Jun 2023 | ฿1.9t | ฿5.9t | ฿258.1b | 10.7x | 7.5x | 0.3x |
| Sun, 07 May 2023 | ฿1.9t | ฿5.9t | ฿272.6b | 11.9x | 6.8x | 0.3x |
| Tue, 04 Apr 2023 | ฿2.0t | ฿5.9t | ฿265.6b | 13.3x | 7.6x | 0.3x |
| Thu, 02 Mar 2023 | ฿2.0t | ฿5.9t | ฿267.4b | 9.7x | 7.5x | 0.3x |
| Sat, 28 Jan 2023 | ฿2.2t | ฿5.6t | ฿290.9b | 11.8x | 7.4x | 0.4x |
| Mon, 26 Dec 2022 | ฿2.1t | ฿5.7t | ฿296.9b | 10.4x | 7.1x | 0.4x |
| Wed, 23 Nov 2022 | ฿2.2t | ฿5.7t | ฿301.0b | 12.3x | 7.3x | 0.4x |
| Fri, 21 Oct 2022 | ฿2.2t | ฿5.1t | ฿309.8b | 10.9x | 7.1x | 0.4x |
| Sun, 18 Sep 2022 | ฿2.2t | ฿5.1t | ฿306.5b | 10.9x | 7.2x | 0.4x |
| Tue, 16 Aug 2022 | ฿2.2t | ฿5.0t | ฿291.8b | 10.1x | 7.4x | 0.4x |
| Thu, 14 Jul 2022 | ฿2.1t | ฿4.4t | ฿224.6b | 10x | 9.3x | 0.5x |
| Sat, 11 Jun 2022 | ฿2.3t | ฿4.4t | ฿221.8b | 11.5x | 10.3x | 0.5x |
| Mon, 09 May 2022 | ฿2.2t | ฿3.9t | ฿211.5b | 11.5x | 10.3x | 0.6x |
| Wed, 06 Apr 2022 | ฿2.2t | ฿3.9t | ฿212.1b | 11.6x | 10.1x | 0.6x |
| Fri, 04 Mar 2022 | ฿2.2t | ฿3.9t | ฿209.8b | 12.2x | 10.6x | 0.6x |
| Sun, 30 Jan 2022 | ฿2.1t | ฿3.4t | ฿192.4b | 11.5x | 10.8x | 0.6x |
| Tue, 28 Dec 2021 | ฿2.0t | ฿3.4t | ฿184.2b | 11.2x | 10.8x | 0.6x |
| Thu, 25 Nov 2021 | ฿2.0t | ฿3.4t | ฿183.9b | 11.9x | 10.8x | 0.6x |
| Sat, 23 Oct 2021 | ฿2.2t | ฿3.1t | ฿163.1b | 15.4x | 13.3x | 0.7x |
| Mon, 20 Sep 2021 | ฿2.0t | ฿3.1t | ฿162.9b | 15x | 12.4x | 0.7x |
| Wed, 18 Aug 2021 | ฿1.8t | ฿3.1t | ฿161.7b | 12.9x | 11.4x | 0.6x |
| Wed, 02 Jun 2021 | ฿2.1t | ฿2.7t | ฿128.4b | 16.3x | 16x | 0.8x |
Price to Earnings Ratio
16x
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 8.2x which is lower than its 3-year average PE of 9.6x.
- The industry is trading close to its 3-year average PS ratio of 0.46x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 26% 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 | 0.69% | |
| Energy | -1.30% | |
| Energy Services | 1.09% | |
| Oil and Gas | -1.30% | |
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 9.6x.
- Analysts are expecting annual earnings decline of 0.9%, which is less than its past year's earnings decline of 8.4%.
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 0.9% per year over the next 5 years, which isn't as bad as the other industries.
- This is an improvement from its past earnings decline of 8.4% per year.
- In contrast, the Oil and Gas 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BANPU Banpu | ฿5.45 | 2.8% +฿1.5b | -39.8% | PE4x | |
| SGP Siamgas and Petrochemicals | ฿7.75 | 0.6% +฿91.9m | -11.4% | PE14x | |
| AIE AI Energy | ฿1.24 | 2.5% +฿41.5m | -32.2% | PE42.6x | |
| UBE Ubon Bio Ethanol | ฿0.79 | 1.3% +฿39.1m | -32.5% | PS0.5x | |
| QLT Qualitech | ฿2.90 | 5.8% +฿15.8m | -43.7% | PS0.7x |