Thai (SET) Diversified Financial Industry Analysis
UpdatedDec 06, 2023
DataAggregated Company Financials
Over the last 7 days, the Diversified Financial industry has dropped 2.1%, driven by declines from every company within the industry. The industry has fallen 49% in the last year. In the next few years, earnings are forecast to decline by 16% annually.
Industry Valuation and Performance
Has the Thai Diversified Financial Industry valuation changed over the past few years?
Investors are pessimistic on the Thai Diversified Financial 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 16.3x which is lower than its 3-year average PE of 24.9x.
The 3-year average PS ratio of 6.5x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
The earnings for companies in the Diversified Financial industry have grown 49% per year over the last three years.
Revenues for these companies have grown 108% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Thai Financials industry?
Other Diversified Financial Services
Transaction and Payment Processing Services
Investors are most optimistic about the Specialized Finance industry which is trading above its 3-year average PE ratio of 32.5x.
It looks like they are confident that earnings will grow faster in the future than they have historically.
Investors are most pessimistic about the Transaction and Payment Processing Services industry, which is trading close to its 3-year average of 12.5x.
Despite it being negative, analysts are least pessimistic on the Transaction and Payment Processing Services industry since they expect its earnings to decline by only 16% per year over the next 5 years, which isn't as bad as the other industries.
This is roughly in line with its past earnings decline.
In contrast, the Transaction and Payment Processing Services industry is expected to see its earnings decline by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?