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Thai (SET) Oil and Gas Industry Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies26
  • 7D-1.4%
  • 3M-3.5%
  • 1Y10.1%
  • YTD7.0%

Over the last 7 days, the Oil and Gas industry has dropped 1.4%, driven by a pullback from PTT of 2.2%. Over the past 12 months, the industry was up 10%. In the next few years, earnings are forecast to decline by 5.4% annually.

Industry Valuation and Performance

Has the Thai Oil and Gas Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022฿2.2t฿5.7t฿296.4b10.9x7.4x0.4x
Mon, 31 Oct 2022฿2.3t฿5.2t฿323.5b10.3x7x0.4x
Wed, 28 Sep 2022฿2.2t฿5.1t฿309.0b10.6x7.1x0.4x
Fri, 26 Aug 2022฿2.3t฿5.1t฿304.5b10.5x7.5x0.4x
Sun, 24 Jul 2022฿2.1t฿4.4t฿225.4b9.7x9.3x0.5x
Tue, 21 Jun 2022฿2.1t฿4.4t฿223.1b10.6x9.2x0.5x
Thu, 19 May 2022฿2.2t฿4.4t฿221.9b11.2x9.8x0.5x
Sat, 16 Apr 2022฿2.1t฿3.9t฿212.6b11x9.8x0.5x
Mon, 14 Mar 2022฿2.2t฿3.9t฿211.0b10.9x10.4x0.6x
Wed, 09 Feb 2022฿2.2t฿3.4t฿192.0b12.3x11.2x0.6x
Fri, 07 Jan 2022฿2.1t฿3.4t฿183.9bn/a11.2x0.6x
Sun, 05 Dec 2021฿2.0t฿3.4t฿184.8b11.2x10.6x0.6x
Tue, 02 Nov 2021฿2.0t฿3.1t฿165.3b12.9x12.3x0.7x
Thu, 30 Sep 2021฿2.1t฿3.1t฿163.5b14.4x12.7x0.7x
Sat, 28 Aug 2021฿1.9t฿3.1t฿161.8b13.5x11.9x0.6x
Sun, 04 Jul 2021฿2.0t฿3.1t฿161.8b13.2x12.6x0.7x
Wed, 07 Apr 2021฿2.1t฿2.7t฿128.5b16.3x16.2x0.8x
Sat, 09 Jan 2021฿2.0t฿2.7t฿31.5b13.5x63.5x0.7x
Fri, 02 Oct 2020฿1.5t฿3.0t฿30.6b14.5x48.8x0.5x
Mon, 06 Jul 2020฿1.8t฿3.2t฿36.6b11.1x48.1x0.5x
Thu, 09 Apr 2020฿1.4t฿3.6t฿66.5b9.4x20.7x0.4x
Wed, 01 Jan 2020฿2.2t฿3.7t฿144.7b13.1x15.3x0.6x
Price to Earnings Ratio

16.1x


Total Market Cap: ฿2.2tTotal Earnings: ฿133.6bTotal Revenue: ฿3.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Oil and Gas Industry Price to Earnings3Y Average 23.5x202020212022
Current Industry PE
  • Investors are pessimistic on the Thai Oil and Gas 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 23.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 30% 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 industry?

TH Market1.26%
Energy-1.40%
Oil and Gas-1.41%
Coal and Fuels2.13%
Oil and Gas Storage and Transportation1.98%
Oil and Gas Refining and Marketing0.68%
Oil and Gas Exploration and Production-2.15%
Integrated Oil and Gas-2.22%
Industry PE
  • Investors are most optimistic about the Oil and Gas Storage and Transportation industry which is trading above its 3-year average PE ratio of 11.0x.
    • Analysts are expecting annual earnings growth of 3.7%, which is higher than its past year's earnings decline of 34.0% per year.
  • Investors are most pessimistic about the Coal and Fuels industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Oil and Gas industry, expecting annual earnings growth of 5.9% over the next 5 years.
  • However this is lower than its past earnings growth rate of 7.8% per year.
  • In contrast, the Coal and Fuels industry is expected to see its earnings decline by 30% 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
BANPU Banpu฿13.302.3%
+฿2.5b
24.3%PE2.5x
TOP Thai Oil฿55.751.4%
+฿1.7b
15.5%PE3.3x
BCP Bangchak Corporation฿32.251.6%
+฿678.8m
29.0%PE3.3x
PRM Prima Marine฿7.203.6%
+฿625.0m
19.0%PE10.6x
BBGI BBGI฿6.505.7%
+฿506.1m
n/aPE150.3x
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Latest News

TOP

฿55.75

Thai Oil

7D

1.4%

1Y

15.5%

PTT

฿33.00

PTT

7D

-2.2%

1Y

-10.2%

PSTC

฿1.66

Power Solution Technologies

7D

1.8%

1Y

-35.2%

AI

฿6.00

Asian Insulators

7D

-0.8%

1Y

-11.8%

IRPC

฿3.04

IRPC

7D

-0.7%

1Y

-20.8%

PRM

฿7.20

Prima Marine

7D

3.6%

1Y

19.0%

VL

฿1.71

V.L. Enterprise

7D

6.2%

1Y

8.2%

UBE

฿1.51

Ubon Bio Ethanol

7D

-0.7%

1Y

-28.1%

SKE

฿0.71

Sakol Energy

7D

-1.4%

1Y

-26.8%

SGP

฿10.10

Siamgas and Petrochemicals

7D

1.0%

1Y

-19.2%

SEAOIL

฿4.26

Sea Oil

7D

-0.9%

1Y

56.7%

RPC

฿0.95

RPCG

7D

-2.1%

1Y

-30.1%

BANPU

฿13.30

Banpu

7D

2.3%

1Y

24.3%

BCP

฿32.25

Bangchak Corporation

7D

1.6%

1Y

29.0%

BBGI

฿6.50

BBGI

7D

5.7%

1Y

n/a

PTTEP

฿182.50

PTT Exploration and Production

7D

-2.1%

1Y

55.3%