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Thai (SET) Capital Markets Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies17
- 7D1.2%
- 3M-6.0%
- 1Y-22.7%
- YTD-2.7%
In the last week, the Capital Markets industry is up 1.2%, with Beyond Securities leading the way with a 4.8% gain. However, the industry is down 23% over the past year. Earnings are forecast to grow by 71% annually.
Industry Valuation and Performance
Has the Thai Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | ฿125.6b | ฿21.9b | ฿2.0b | 14.7x | 62.9x | 5.7x |
| Sun, 19 Jan 2025 | ฿127.8b | ฿21.7b | ฿1.9b | 15.6x | 66.9x | 5.9x |
| Tue, 17 Dec 2024 | ฿160.1b | ฿21.7b | ฿1.9b | 15.6x | 83.8x | 7.4x |
| Thu, 14 Nov 2024 | ฿130.8b | ฿21.5b | ฿2.7b | 16.5x | 47.7x | 6.1x |
| Sat, 12 Oct 2024 | ฿136.0b | ฿21.4b | ฿2.7b | 17.9x | 50.1x | 6.4x |
| Mon, 09 Sep 2024 | ฿163.0b | ฿24.4b | ฿4.4b | 16.7x | 36.7x | 6.7x |
| Wed, 07 Aug 2024 | ฿147.7b | ฿23.9b | ฿4.5b | 13.8x | 32.9x | 6.2x |
| Fri, 05 Jul 2024 | ฿158.2b | ฿24.0b | ฿4.5b | 13.9x | 35.1x | 6.6x |
| Sun, 02 Jun 2024 | ฿170.6b | ฿23.8b | ฿4.3b | 16.2x | 39.7x | 7.2x |
| Tue, 30 Apr 2024 | ฿162.7b | ฿23.1b | ฿4.5b | 15.7x | 36.2x | 7x |
| Thu, 28 Mar 2024 | ฿165.8b | ฿23.1b | ฿4.5b | 15.9x | 36.9x | 7.2x |
| Sat, 24 Feb 2024 | ฿159.3b | ฿21.4b | ฿5.5b | 15.2x | 29.1x | 7.5x |
| Mon, 22 Jan 2024 | ฿83.7b | ฿19.7b | ฿4.5b | 13.2x | 18.7x | 4.3x |
| Wed, 20 Dec 2023 | ฿121.0b | ฿23.7b | ฿5.6b | 12.7x | 21.6x | 5.1x |
| Fri, 17 Nov 2023 | ฿123.5b | ฿22.9b | ฿5.1b | 12.8x | 24x | 5.4x |
| Sun, 15 Oct 2023 | ฿133.4b | ฿23.5b | ฿5.5b | 13.6x | 24.3x | 5.7x |
| Tue, 12 Sep 2023 | ฿143.0b | ฿23.5b | ฿5.5b | 14.8x | 26.1x | 6.1x |
| Thu, 10 Aug 2023 | ฿133.0b | ฿23.7b | ฿6.2b | 12.7x | 21.4x | 5.6x |
| Sat, 08 Jul 2023 | ฿125.7b | ฿23.8b | ฿6.3b | 12.4x | 20.1x | 5.3x |
| Mon, 05 Jun 2023 | ฿127.6b | ฿23.8b | ฿6.3b | 13x | 20.4x | 5.4x |
| Wed, 03 May 2023 | ฿134.5b | ฿24.5b | ฿6.7b | 12.1x | 20.2x | 5.5x |
| Fri, 31 Mar 2023 | ฿140.1b | ฿24.7b | ฿6.8b | 12.8x | 20.6x | 5.7x |
| Sun, 26 Feb 2023 | ฿176.2b | ฿26.6b | ฿8.2b | 10.9x | 21.5x | 6.6x |
| Tue, 24 Jan 2023 | ฿186.1b | ฿26.8b | ฿8.2b | 11.3x | 22.6x | 6.9x |
| Thu, 22 Dec 2022 | ฿183.1b | ฿26.8b | ฿8.2b | 10.2x | 22.3x | 6.8x |
| Sat, 19 Nov 2022 | ฿180.3b | ฿27.2b | ฿8.8b | 8.4x | 20.5x | 6.6x |
| Mon, 17 Oct 2022 | ฿185.9b | ฿27.6b | ฿8.9b | 9.4x | 21x | 6.7x |
| Wed, 14 Sep 2022 | ฿184.6b | ฿27.6b | ฿8.9b | 10.1x | 20.8x | 6.7x |
| Fri, 12 Aug 2022 | ฿179.5b | ฿29.0b | ฿9.5b | 9.6x | 19x | 6.2x |
| Sun, 10 Jul 2022 | ฿173.0b | ฿29.4b | ฿9.7b | 8x | 17.9x | 5.9x |
| Tue, 07 Jun 2022 | ฿193.4b | ฿29.6b | ฿9.7b | 8.9x | 19.9x | 6.5x |
| Thu, 05 May 2022 | ฿150.9b | ฿25.3b | ฿8.4b | 9.1x | 18x | 6x |
| Sat, 02 Apr 2022 | ฿176.7b | ฿25.3b | ฿8.4b | 10.7x | 21.1x | 7x |
| Mon, 28 Feb 2022 | ฿176.6b | ฿33.0b | ฿8.2b | 10.4x | 21.5x | 5.4x |
Price to Earnings Ratio
21.5x
Current Industry PE
- Investors are optimistic on the Thai Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 62.9x which is higher than its 3-year average PE of 29.2x.
- The industry is trading close to its 3-year average PS ratio of 6.2x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 38% per year over the last three years,
- Revenues have also declined 13% 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 Financials industry?
| TH Market | -2.96% | |
| Financials | 4.20% | |
| Capital Markets | 1.15% | |
| Investment Banking and Brokerage | 1.71% | |
| Financial Exchanges and Data | 0% | 0 |
| Diversified Capital Markets | 0% | 0 |
| Asset Management | -2.45% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry which is trading above its 3-year average PE ratio of 29.7x.
- Analysts are expecting annual earnings growth of 71.4%, which is higher than its past year's earnings decline of 3.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 71% over the next 5 years.
- This is better than its past earnings decline of 3.6% per year.
- In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 71% 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 | |
|---|---|---|---|---|---|
| UOBKH UOB Kay Hian Securities (Thailand) | ฿4.40 | 6.8% +฿140.7m | -8.3% | PE35.5x | |
| XPG XSpring Capital | ฿0.89 | 1.1% +฿107.0m | -22.6% | PE64x | |
| MFC MFC Asset Management | ฿27.25 | 1.9% +฿62.8m | 29.1% | PE16x | |
| FNS FNS Holdings | ฿1.70 | 7.6% +฿60.1m | -56.2% | PS0.7x | |
| CGH Country Group Holdings | ฿0.51 | 2.0% +฿41.5m | -26.1% | PE11.5x |