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Thai (SET) Capital Markets Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies17
- 7D0.5%
- 3M-3.3%
- 1Y-19.7%
- YTD-20.4%
The Capital Markets industry is up 1.9% in the last week, with UOB Kay Hian Securities (Thailand) up 6.4%. However, the industry is down 19% over the past year. As for the next few years, earnings are expected to grow by 71% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ฿130.5b | ฿21.9b | ฿2.8b | 15x | 46.3x | 6x |
| Sat, 19 Oct 2024 | ฿135.2b | ฿21.4b | ฿2.7b | 18x | 49.8x | 6.3x |
| Mon, 16 Sep 2024 | ฿165.3b | ฿24.4b | ฿4.4b | 17.6x | 37.2x | 6.8x |
| Wed, 14 Aug 2024 | ฿148.3b | ฿23.9b | ฿4.5b | 14x | 33.1x | 6.2x |
| Fri, 12 Jul 2024 | ฿162.4b | ฿24.0b | ฿4.5b | 14.1x | 36.1x | 6.8x |
| Sun, 09 Jun 2024 | ฿166.9b | ฿24.1b | ฿4.5b | 15.2x | 37.4x | 6.9x |
| Tue, 07 May 2024 | ฿159.2b | ฿23.0b | ฿4.5b | 15.4x | 35.3x | 6.9x |
| Thu, 04 Apr 2024 | ฿163.2b | ฿23.1b | ฿4.5b | 15.9x | 36.3x | 7.1x |
| Sat, 02 Mar 2024 | ฿159.7b | ฿20.9b | ฿5.1b | 16.8x | 31.6x | 7.6x |
| Mon, 29 Jan 2024 | ฿82.2b | ฿19.6b | ฿4.3b | 13.4x | 18.9x | 4.2x |
| Wed, 27 Dec 2023 | ฿124.2b | ฿23.7b | ฿5.6b | 12.8x | 22.2x | 5.2x |
| Fri, 24 Nov 2023 | ฿123.4b | ฿23.7b | ฿5.6b | 12.9x | 22x | 5.2x |
| Sun, 22 Oct 2023 | ฿126.4b | ฿23.5b | ฿5.5b | 13.2x | 23.1x | 5.4x |
| Tue, 19 Sep 2023 | ฿140.5b | ฿23.5b | ฿5.5b | 14.7x | 25.6x | 6x |
| Thu, 17 Aug 2023 | ฿133.8b | ฿23.7b | ฿6.0b | 12.7x | 22.3x | 5.6x |
| Sat, 15 Jul 2023 | ฿128.2b | ฿23.8b | ฿6.3b | 12.7x | 20.5x | 5.4x |
| Mon, 12 Jun 2023 | ฿130.8b | ฿23.8b | ฿6.3b | 13.2x | 20.9x | 5.5x |
| Wed, 10 May 2023 | ฿131.8b | ฿24.5b | ฿6.7b | 12.5x | 19.7x | 5.4x |
| Fri, 07 Apr 2023 | ฿137.6b | ฿24.7b | ฿6.8b | 12.5x | 20.3x | 5.6x |
| Sun, 05 Mar 2023 | ฿123.3b | ฿26.0b | ฿7.9b | 11.1x | 15.6x | 4.7x |
| Tue, 31 Jan 2023 | ฿182.4b | ฿26.8b | ฿8.2b | 10.7x | 22.2x | 6.8x |
| Thu, 29 Dec 2022 | ฿187.6b | ฿26.8b | ฿8.2b | 10.4x | 22.8x | 7x |
| Sat, 26 Nov 2022 | ฿182.1b | ฿26.9b | ฿8.3b | 10x | 22x | 6.8x |
| Mon, 24 Oct 2022 | ฿187.9b | ฿27.6b | ฿8.9b | 9.4x | 21.2x | 6.8x |
| Wed, 21 Sep 2022 | ฿220.0b | ฿27.6b | ฿8.9b | 9.7x | 24.8x | 8x |
| Fri, 19 Aug 2022 | ฿183.8b | ฿29.0b | ฿9.5b | 9.6x | 19.2x | 6.3x |
| Sun, 17 Jul 2022 | ฿175.1b | ฿29.4b | ฿9.7b | 7.7x | 18.1x | 5.9x |
| Tue, 14 Jun 2022 | ฿191.0b | ฿29.6b | ฿9.7b | 8.9x | 19.6x | 6.5x |
| Thu, 12 May 2022 | ฿167.8b | ฿30.4b | ฿10.3b | 8.7x | 16.3x | 5.5x |
| Sat, 09 Apr 2022 | ฿163.3b | ฿25.3b | ฿8.4b | 10.1x | 19.5x | 6.5x |
| Mon, 07 Mar 2022 | ฿179.1b | ฿23.6b | ฿8.4b | 11.2x | 21.4x | 7.6x |
| Wed, 02 Feb 2022 | ฿182.1b | ฿65.4b | ฿7.9b | 11.1x | 23x | 2.8x |
| Fri, 31 Dec 2021 | ฿182.1b | ฿65.4b | ฿7.9b | 9.6x | 23x | 2.8x |
| Sun, 28 Nov 2021 | ฿169.5b | ฿65.4b | ฿7.9b | 8.9x | 21.4x | 2.6x |
Price to Earnings Ratio
21.4x
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 45.7x which is higher than its 3-year average PE of 25.5x.
- The industry is trading close to its 3-year average PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 29% per year over the last three years,
- Revenues have also declined 31% 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 | 0.77% | |
| Financials | -0.41% | |
| Capital Markets | 0.53% | |
| Investment Banking and Brokerage | 0.70% | |
| Financial Exchanges and Data | 0% | |
| Diversified Capital Markets | 0% | |
| Asset Management | -0.59% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry which is trading above its 3-year average PE ratio of 26.3x.
- Analysts are expecting annual earnings growth of 71.4%, which is higher than its past year's earnings decline of 15.3% 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 15% 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 | |
|---|---|---|---|---|---|
| MFC MFC Asset Management | ฿26.50 | 2.9% +฿94.2m | 34.5% | PE15.6x | |
| CGH Country Group Holdings | ฿0.68 | 3.0% +฿83.0m | -5.6% | PE15.4x | |
| MST Maybank Securities (Thailand) | ฿9.80 | 1.0% +฿57.1m | -9.3% | PE14.8x | |
| TNITY Trinity Watthana | ฿4.28 | 0.5% +฿4.3m | -12.7% | PS2.3x |