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Thai (SET) Healthcare Services Industry Analysis

UpdatedMay 24, 2024
DataAggregated Company Financials
Companies40
  • 7D-0.8%
  • 3M-1.2%
  • 1Y-3.0%
  • YTD1.0%

Over the last 7 days, the Healthcare Services industry has remained flat, although notably Praram 9 Hospital gained 3.2%. Unfortunately though, the industry is down 3.5% over the past 12 months. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the Thai Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 May 2024฿1.0t฿246.3b฿33.7b26x29.9x4.1x
Mon, 22 Apr 2024฿968.6b฿241.1b฿32.3b25.4x30x4x
Wed, 20 Mar 2024฿1.0t฿241.0b฿32.2b26.3x31.2x4.2x
Fri, 16 Feb 2024฿1.0t฿234.5b฿31.1b27.7x32.3x4.3x
Sun, 14 Jan 2024฿1.1t฿247.8b฿33.3b28.5x31.7x4.3x
Tue, 12 Dec 2023฿991.4b฿247.7b฿33.3b27.5x29.8x4x
Thu, 09 Nov 2023฿1.0t฿243.9b฿31.8b29.1x33x4.3x
Sat, 07 Oct 2023฿1.1t฿242.2b฿31.4b29.1x33.9x4.4x
Mon, 04 Sep 2023฿1.1t฿241.9b฿31.2b29.8x34.5x4.5x
Wed, 02 Aug 2023฿1.1t฿243.8b฿33.8b24.3x31.2x4.3x
Fri, 30 Jun 2023฿1.0t฿241.8b฿33.5b24.6x30.8x4.3x
Sun, 28 May 2023฿1.1t฿241.8b฿33.6b25.9x31.4x4.4x
Tue, 25 Apr 2023฿1.1t฿250.4b฿38.8b20.9x28.5x4.4x
Thu, 23 Mar 2023฿1.1t฿250.5b฿38.9b20.4x27.9x4.3x
Sat, 18 Feb 2023฿1.1t฿257.0b฿45.3b19.7x24.6x4.3x
Mon, 16 Jan 2023฿1.1t฿254.3b฿44.8b19.3x24.5x4.3x
Wed, 14 Dec 2022฿1.0t฿254.0b฿44.9b18.7x23.2x4.1x
Fri, 11 Nov 2022฿1.1t฿259.9b฿51.8b15.6x21.9x4.4x
Sun, 09 Oct 2022฿1.1t฿259.7b฿52.0b15.8x21.1x4.2x
Tue, 06 Sep 2022฿1.1t฿259.7b฿52.1b14.7x20.9x4.2x
Thu, 04 Aug 2022฿1.0t฿245.9b฿48.2b14.1x21.6x4.2x
Sat, 02 Jul 2022฿971.0b฿245.9b฿48.2b13.4x20.2x3.9x
Mon, 30 May 2022฿984.7b฿245.8b฿48.1b15.3x20.5x4x
Wed, 27 Apr 2022฿1.0t฿217.2b฿38.1b15.2x26.3x4.6x
Fri, 25 Mar 2022฿957.2b฿217.2b฿38.1b14.2x25.1x4.4x
Sun, 20 Feb 2022฿858.6b฿197.5b฿29.2b18.5x29.4x4.3x
Tue, 18 Jan 2022฿845.4b฿195.7b฿28.6b19.5x29.6x4.3x
Thu, 16 Dec 2021฿841.7b฿195.7b฿28.6b19x29.5x4.3x
Sat, 13 Nov 2021฿871.4b฿175.1b฿18.6b31.5x46.9x5x
Mon, 11 Oct 2021฿824.2b฿168.0b฿16.7b29.9x49.2x4.9x
Wed, 08 Sep 2021฿826.9b฿168.0b฿16.7b34x49.4x4.9x
Fri, 06 Aug 2021฿819.1b฿167.8b฿16.7b32.6x49.1x4.9x
Price to Earnings Ratio

64.5x


Total Market Cap: ฿769.1bTotal Earnings: ฿11.9bTotal Revenue: ฿154.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Healthcare Services Industry Price to Earnings3Y Average 31.3x202220232024
Current Industry PE
  • Investors are relatively neutral on the Thai Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 31.3x.
  • The industry is trading close to its 3-year average PS ratio of 4.4x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 41% per year over the last three years.
  • Revenues for these companies have grown 17% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Thai Healthcare industry?

TH Market-0.72%
Healthcare-0.53%
Healthcare Services-0.77%
Healthcare Distributors3.67%
Healthcare Services2.33%
Managed Healthcare0%
Healthcare Facilities-0.87%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio.
    • Analysts expect its future annual earnings growth (21.5%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Healthcare Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 9.8% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KLINIQ Klinique Medical Clinic฿42.008.4%
+฿715.0m
11.3%PE31.3x
PR9 Praram 9 Hospital฿19.203.2%
+฿471.8m
8.5%PE24.8x
RAM Ramkhamhaeng Hospital฿30.750.8%
+฿300.0m
-36.9%PE22.7x
SKR Sikarin฿10.401.0%
+฿205.8m
-1.9%PE23.4x
BIS Bioscience Animal Health฿3.5011.5%
+฿113.0m
-42.1%PE19x
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Latest News

THG

฿38.50

Thonburi Healthcare Group

7D

-1.3%

1Y

-43.2%

RAM

฿30.75

Ramkhamhaeng Hospital

7D

0.8%

1Y

-36.9%

BCH

฿19.30

Bangkok Chain Hospital

7D

-2.0%

1Y

9.0%

WPH

฿11.60

Wattanapat Hospital Trang

7D

-2.5%

1Y

203.4%

EFORL

฿0.20

E for L Aim

7D

5.3%

1Y

-16.7%

MASTER

฿61.75

Master Style

7D

-1.2%

1Y

-1.1%

BIS

฿3.50

Bioscience Animal Health

7D

11.5%

1Y

-42.1%

KLINIQ

฿42.00

Klinique Medical Clinic

7D

8.4%

1Y

11.3%

CHG

฿2.92

Chularat Hospital

7D

-4.6%

1Y

-3.3%

BDMS

฿28.75

Bangkok Dusit Medical Services

7D

-1.7%

1Y

3.6%

VIBHA

฿2.18

Vibhavadi Medical Center

7D

-5.2%

1Y

-14.2%

PR9

฿19.20

Praram 9 Hospital

7D

3.2%

1Y

8.5%

SKR

฿10.40

Sikarin

7D

1.0%

1Y

-1.9%

BH

฿247.00

Bumrungrad Hospital

7D

-1.2%

1Y

7.9%

GFC

฿11.30

Genesis Fertility Center

7D

1.8%

1Y

n/a