Thai (SET) Healthcare Services Industry Analysis
UpdatedJun 06, 2023
DataAggregated Company Financials
Companies36
- 7D0.3%
- 3M-1.2%
- 1Y6.1%
- YTD-2.4%
The Healthcare Services is pretty flat in the last 7 days, but Bumrungrad Hospital has stood out, gaining 3.1%. The past year has been better, since the industry has gained 6.1% in that time. As for the next few years, earnings are expected to grow by 8.9% per annum.
Industry Valuation and Performance
Has the Thai Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 07 Jun 2023 | ฿1.1t | ฿241.8b | ฿33.6b | 26.7x | 31.9x | 4.4x |
| Fri, 05 May 2023 | ฿1.1t | ฿252.4b | ฿39.7b | 19.9x | 28x | 4.4x |
| Sun, 02 Apr 2023 | ฿1.1t | ฿250.4b | ฿38.8b | 20.4x | 28.4x | 4.4x |
| Tue, 28 Feb 2023 | ฿1.1t | ฿261.8b | ฿46.5b | 19.6x | 23.4x | 4.1x |
| Thu, 26 Jan 2023 | ฿1.1t | ฿256.5b | ฿45.2b | 19.1x | 24.2x | 4.3x |
| Sat, 24 Dec 2022 | ฿1.0t | ฿254.3b | ฿44.8b | 18.6x | 23.3x | 4.1x |
| Mon, 21 Nov 2022 | ฿1.1t | ฿254.1b | ฿44.9b | 18.8x | 24x | 4.2x |
| Wed, 19 Oct 2022 | ฿1.1t | ฿259.7b | ฿52.0b | 15.8x | 20.9x | 4.2x |
| Fri, 16 Sep 2022 | ฿1.1t | ฿259.7b | ฿52.1b | 14.5x | 21.1x | 4.2x |
| Sun, 14 Aug 2022 | ฿1.1t | ฿254.3b | ฿51.0b | 14.8x | 20.6x | 4.1x |
| Tue, 12 Jul 2022 | ฿1.0t | ฿245.9b | ฿48.2b | 13.6x | 20.8x | 4.1x |
| Thu, 09 Jun 2022 | ฿958.4b | ฿245.8b | ฿48.1b | 15x | 19.9x | 3.9x |
| Sat, 07 May 2022 | ฿939.0b | ฿220.7b | ฿38.8b | 14.7x | 24.2x | 4.3x |
| Mon, 04 Apr 2022 | ฿954.8b | ฿217.2b | ฿38.1b | 14.1x | 25.1x | 4.4x |
| Wed, 02 Mar 2022 | ฿892.1b | ฿210.3b | ฿33.2b | 18.3x | 26.9x | 4.2x |
| Fri, 28 Jan 2022 | ฿832.0b | ฿195.7b | ฿28.6b | 19x | 29.1x | 4.3x |
| Sun, 26 Dec 2021 | ฿851.6b | ฿195.7b | ฿28.6b | 20.5x | 29.8x | 4.4x |
| Tue, 23 Nov 2021 | ฿868.1b | ฿195.5b | ฿28.5b | 20.1x | 30.5x | 4.4x |
| Thu, 21 Oct 2021 | ฿846.0b | ฿168.0b | ฿16.7b | 31.3x | 50.5x | 5x |
| Sat, 18 Sep 2021 | ฿831.8b | ฿167.8b | ฿16.7b | 36.6x | 49.9x | 5x |
| Mon, 16 Aug 2021 | ฿831.7b | ฿167.8b | ฿16.7b | 33.5x | 49.9x | 5x |
| Mon, 31 May 2021 | ฿769.1b | ฿154.2b | ฿11.9b | 38.7x | 64.5x | 5x |
| Thu, 04 Mar 2021 | ฿691.5b | ฿159.3b | ฿14.9b | 34.2x | 46.5x | 4.3x |
| Sun, 06 Dec 2020 | ฿703.2b | ฿163.5b | ฿15.7b | 35.7x | 44.7x | 4.3x |
| Wed, 09 Sep 2020 | ฿676.1b | ฿172.2b | ฿19.4b | 30.6x | 34.9x | 3.9x |
Price to Earnings Ratio
36.6x
Current Industry PE
- Investors are pessimistic on the Thai Healthcare 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 31.9x which is lower than its 3-year average PE of 35.5x.
- 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 20% per year over the last three years.
- Revenues for these companies have grown 12% 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 | -0.74% | |
| Healthcare | 0.41% | |
| Healthcare Services | 0.34% | |
| Healthcare Facilities | 0.40% | |
| Managed Healthcare | 0% | |
| Healthcare Services | -1.40% | |
| Healthcare Distributors | -3.73% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- 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 17.4x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 62% per year.
- In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 8.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BH Bumrungrad Hospital | ฿234.00 | 3.1% +฿5.6b | 33.7% | PE32.1x | |
| BDMS Bangkok Dusit Medical Services | ฿28.75 | 0.9% +฿4.0b | 15.0% | PE36.2x | |
| MASTER Master Style | ฿85.50 | 6.9% +฿1.3b | n/a | PE64.6x | |
| NEW Wattana Karnpaet | ฿189.00 | 85.3% +฿870.0m | 209.8% | PE22.8x | |
| THG Thonburi Healthcare Group | ฿69.50 | 1.5% +฿847.5m | 21.4% | PE45.8x |