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Thai (SET) Asset Management Industry Analysis

UpdatedNov 29, 2024
DataAggregated Company Financials
Companies3
  • 7D0.3%
  • 3M-7.5%
  • 1Y-24.1%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 4.5%, driven by a pullback from AIRA Capital of 12%. On the other hand MFC Asset Management is actually up 11%. Overall the industry is down 24% in 12 months.

Industry Valuation and Performance

Has the Thai Asset Management Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 Nov 2024฿10.7b฿2.1b-฿31,456,060.0016.9x-339.7x5.1x
Sun, 27 Oct 2024฿11.8b฿1.9b-฿40,941,135.0018.2x-288.7x6.1x
Tue, 24 Sep 2024฿43.4b฿4.9b฿1.7b16.2x25.8x8.9x
Thu, 22 Aug 2024฿36.2b฿4.9b฿1.7b13.2x21.5x7.4x
Sat, 20 Jul 2024฿36.7b฿4.8b฿1.7b13.5x21.7x7.6x
Mon, 17 Jun 2024฿39.4b฿4.8b฿1.7b14.4x23.3x8.1x
Wed, 15 May 2024฿40.9b฿4.5b฿1.5b15.7x26.7x9x
Fri, 12 Apr 2024฿44.7b฿4.5b฿1.5b17.4x29.2x9.9x
Sun, 10 Mar 2024฿42.8b฿4.8b฿1.5b16.4x28x8.9x
Tue, 06 Feb 2024฿39.8b฿4.9b฿2.0b13.4x19.5x8.2x
Thu, 04 Jan 2024฿41.7b฿4.9b฿2.0b13.6x20.5x8.6x
Sat, 02 Dec 2023฿40.9b฿4.9b฿2.0b13.3x20.1x8.4x
Mon, 30 Oct 2023฿43.6b฿5.1b฿2.4b13.1x18.2x8.5x
Wed, 27 Sep 2023฿47.8b฿5.1b฿2.4b14.3x19.9x9.3x
Fri, 25 Aug 2023฿51.6b฿5.1b฿2.4b14.9x21.5x10.1x
Sun, 23 Jul 2023฿49.5b฿5.4b฿2.8b12.8x17.5x9.2x
Tue, 20 Jun 2023฿50.7b฿5.4b฿2.8b13.3x17.9x9.4x
Thu, 18 May 2023฿52.1b฿5.4b฿2.9b12.9x17.8x9.6x
Sat, 15 Apr 2023฿60.2b฿5.4b฿2.9b15x20.6x11.1x
Mon, 13 Mar 2023฿60.6b฿5.5b฿2.9b14.7x20.6x11x
Wed, 08 Feb 2023฿66.8b฿5.4b฿3.2b18x21.1x12.3x
Fri, 06 Jan 2023฿66.7b฿5.4b฿3.2b17.3x21.1x12.3x
Sun, 04 Dec 2022฿65.7b฿5.4b฿3.2b17.6x20.8x12.1x
Tue, 01 Nov 2022฿64.6b฿5.4b฿3.1b18.3x20.9x11.9x
Thu, 29 Sep 2022฿78.6b฿5.4b฿3.1b19.5x25.4x14.4x
Sat, 27 Aug 2022฿79.1b฿5.6b฿3.2b37.7x24.9x14.1x
Mon, 25 Jul 2022฿72.9b฿5.4b฿3.1b48.6x23.5x13.5x
Wed, 22 Jun 2022฿78.4b฿5.4b฿3.1b56.5x25.3x14.5x
Fri, 20 May 2022฿81.3b฿5.4b฿3.1b22.6x26.4x15.1x
Sun, 17 Apr 2022฿81.0b฿5.5b฿3.0b24.7x26.7x14.6x
Tue, 15 Mar 2022฿85.9b฿5.5b฿3.0b26.6x28.3x15.5x
Thu, 10 Feb 2022฿87.8b฿5.6b฿2.8b29.3x31.7x15.8x
Sat, 08 Jan 2022฿84.4b฿5.6b฿2.8b28.2x30.5x15.2x
Mon, 06 Dec 2021฿81.3b฿5.6b฿2.8b26.8x29.4x14.6x
Price to Earnings Ratio

29.4x


Total Market Cap: ฿81.3bTotal Earnings: ฿2.8bTotal Revenue: ฿5.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Asset Management Industry Price to Earnings3Y Average 5.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Thai Asset Management and Custody Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 10.9x is higher than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • Total earnings for the Asset Management and Custody Banks industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 28% per year, which is driving profits down.

Industry Comparison

How does Thai Asset Management compare with similar industries?

TH Market-0.89%
Financials-0.62%
Capital Markets1.46%
Asset Management0.28%
Investment Banking and Brokerage1.61%
Financial Exchanges and Data0%
Diversified Capital Markets0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MFC MFC Asset Management฿28.758.5%
+฿282.6m
47.4%PE16.9x
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Latest News

AIRA

฿1.12

AIRA Capital

7D

-3.4%

1Y

-39.1%

MFC

฿28.75

MFC Asset Management

7D

8.5%

1Y

47.4%