Has the Thai Capital Markets Industry valuation changed over the past few years?
|Sun, 05 Dec 2021||฿172.2b||฿65.4b||฿7.9b||9.5x|
|Tue, 02 Nov 2021||฿158.2b||฿72.0b||฿7.2b||11x|
|Thu, 30 Sep 2021||฿154.3b||฿71.7b||฿7.1b||10.2x|
|Sat, 28 Aug 2021||฿141.2b||฿71.7b||฿7.1b||10.3x|
|Sun, 04 Jul 2021||฿139.5b||฿71.7b||฿7.1b||10.5x|
|Wed, 07 Apr 2021||฿127.3b||฿70.7b||฿6.1b||10.4x|
|Sat, 09 Jan 2021||฿106.5b||฿73.7b||฿4.3b||12.4x|
|Fri, 02 Oct 2020||฿92.6b||฿74.4b||฿8.7b||11.2x|
|Mon, 06 Jul 2020||฿110.7b||฿80.1b||฿8.6b||11.8x|
|Thu, 09 Apr 2020||฿90.8b||฿97.0b||฿8.9b||10.7x|
|Wed, 01 Jan 2020||฿89.8b||฿103.1b||฿12.1b||14.9x|
|Sat, 05 Oct 2019||฿37.6b||฿90.9b||฿1.3b||21.3x|
|Tue, 09 Jul 2019||฿40.4b||฿84.5b||฿1.3b||25.9x|
|Mon, 01 Apr 2019||฿43.5b||฿74.1b||฿1.4b||20x|
|Thu, 03 Jan 2019||฿43.5b||฿65.1b||฿2.1b||14.8x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 9.6x which is lower than its 3-year average PE of 14.4x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Capital Markets industry have grown 45% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the Thai Capital Markets industry?
|Investment Banking and Brokerage||3.66%|
Industry PE: Investors are most optimistic about the Asset Management industry which is trading above its 3-year average PE ratio of 19.0x. However analysts are expecting annual earnings growth of 25%, which is lower than the prior year's growth of 31% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading below its 3-year average of 15.2x.
Forecasted Growth: Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 25% over the next 5 years. This is roughly in line with its past earnings growth rate.
Which companies have driven the market over the last 7 days?
Bangkok Commercial Asset Management
Finansia Syrus Securities
Country Group Holdings
UOB Kay Hian Securities (Thailand)
KGI Securities (Thailand)
Maybank Securities (Thailand)