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Thai (SET) Asset Management Industry Analysis

UpdatedAug 30, 2026
DataAggregated Company Financials
Companies5
  • 7D-0.6%
  • 3M2.9%
  • 1Y-7.1%
  • YTDn/a

Last week, the Asset Management industry hasn't moved much but MFC Industrial Investment Property and Leasehold Fund is up 7.0% in that time. Unfortunately though, the industry is down 7.1% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 31 Aug 2026฿10.8b฿3.0b฿395.2m7.3x27.3x3.6x
Wed, 29 Jul 2026฿10.5b฿2.7b฿213.5m15.6x49x3.9x
Fri, 26 Jun 2026฿10.3b฿2.7b฿213.5m15x48.5x3.9x
Sun, 24 May 2026฿10.3b฿2.7b฿213.5m14.5x48.4x3.9x
Tue, 21 Apr 2026฿10.8b฿2.6b฿188.0m9.5x57.4x4.1x
Thu, 19 Mar 2026฿11.4b฿2.6b฿188.0m10.1x60.5x4.4x
Sat, 14 Feb 2026฿10.5b฿2.6b฿248.0m7.6x42.5x4.1x
Mon, 12 Jan 2026฿13.1b฿2.6b฿248.0m7.8x53x5.1x
Wed, 10 Dec 2025฿11.2b฿2.6b฿248.0m8.1x45.1x4.3x
Fri, 07 Nov 2025฿11.8b฿2.6b฿244.4m8x48.2x4.6x
Sun, 05 Oct 2025฿13.6b฿2.6b฿244.4m8.5x55.5x5.3x
Tue, 02 Sep 2025฿11.8b฿2.6b฿244.4m8.4x48.1x4.6x
Thu, 31 Jul 2025฿12.4b฿2.5b฿268.6m8.8x46.1x4.9x
Sat, 28 Jun 2025฿12.5b฿2.5b฿268.6m9x46.6x4.9x
Mon, 26 May 2025฿13.4b฿2.5b฿268.6m9.4x49.7x5.3x
Wed, 23 Apr 2025฿12.0b฿2.2b฿90.9m14.1x131.9x5.5x
Fri, 21 Mar 2025฿10.7b฿2.2b฿90.9m14.2x117.7x4.9x
Sun, 16 Feb 2025฿11.9b฿2.1b-฿31,456,060.0015.7x-378.5x5.7x
Tue, 14 Jan 2025฿12.3b฿2.1b-฿31,456,060.0017x-391.2x5.9x
Thu, 12 Dec 2024฿11.0b฿2.1b-฿31,456,060.0016.3x-349.7x5.3x
Sat, 09 Nov 2024฿12.3b฿1.9b-฿40,941,135.0015.8x-299.4x6.4x
Mon, 07 Oct 2024฿12.2b฿1.9b-฿40,941,135.0017.1x-298.8x6.4x
Wed, 04 Sep 2024฿37.3b฿4.9b฿1.7b13.7x22.2x7.7x
Fri, 02 Aug 2024฿35.7b฿4.8b฿1.7b13.4x21.1x7.4x
Sun, 30 Jun 2024฿38.6b฿4.8b฿1.7b13.9x22.9x8x
Tue, 28 May 2024฿41.0b฿4.6b฿1.5b16.2x26.7x8.9x
Thu, 25 Apr 2024฿44.0b฿4.5b฿1.5b17.1x28.8x9.7x
Sat, 23 Mar 2024฿47.1b฿4.5b฿1.5b17.5x30.8x10.4x
Mon, 19 Feb 2024฿41.3b฿4.9b฿2.0b13.4x20.3x8.5x
Wed, 17 Jan 2024฿40.0b฿4.9b฿2.0b13.6x19.6x8.3x
Fri, 15 Dec 2023฿40.1b฿4.9b฿2.0b13x19.7x8.3x
Sun, 12 Nov 2023฿40.1b฿5.1b฿2.4b12.4x16.7x7.8x
Tue, 10 Oct 2023฿46.3b฿5.1b฿2.4b13.6x19.3x9.1x
Thu, 07 Sep 2023฿50.8b฿5.1b฿2.4b15x21.2x9.9x
Price to Earnings Ratio

21.2x


Total Market Cap: ฿50.8bTotal Earnings: ฿2.4bTotal Revenue: ฿5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Asset Management Industry Price to Earnings3Y Average -13.1x202420252026
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 industry is trading at a PE ratio of 27.3x which is higher than its 3-year average PE of -13.1x.
  • The 3-year average PS ratio of 6.3x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have declined 45% per year over the last three years,
  • Revenues have also declined 17% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Thai Asset Management compare with similar industries?

TH Market-1.58%
Financials-1.46%
Capital Markets0.92%
Asset Management-0.58%
Investment Banking and Brokerage1.15%
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
MII MFC Industrial Investment Property and Leasehold Fund฿6.107.0%
+฿68.8m
24.5%n/a
TH Tong Hua Holding฿0.474.4%
+฿19.7m
-16.1%PE7.2x

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