Thai (SET) Industrials Sector Analysis
UpdatedNov 26, 2022
DataAggregated Company Financials
Companies156
- 7D-0.7%
- 3M0.3%
- 1Y4.3%
- YTD2.3%
Over the last 7 days, the Industrials industry has dropped 1.3%, driven by More Return declining 58%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 61% per annum.
Sector Valuation and Performance
Has the Thai Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | ฿2.0t | ฿692.1b | ฿36.1b | 19.5x | 56.5x | 2.9x |
| Tue, 25 Oct 2022 | ฿2.1t | ฿659.2b | ฿25.7b | 17.7x | 80.3x | 3.1x |
| Thu, 22 Sep 2022 | ฿2.1t | ฿658.1b | ฿25.7b | 17.9x | 81x | 3.2x |
| Sat, 20 Aug 2022 | ฿2.0t | ฿658.1b | ฿25.7b | 18.3x | 79x | 3.1x |
| Mon, 18 Jul 2022 | ฿2.0t | ฿630.1b | ฿22.8b | 18.9x | 86.1x | 3.1x |
| Wed, 15 Jun 2022 | ฿2.0t | ฿628.0b | ฿22.6b | 20.3x | 88x | 3.2x |
| Fri, 13 May 2022 | ฿2.0t | ฿604.6b | ฿19.0b | 20.7x | 103.5x | 3.2x |
| Sun, 10 Apr 2022 | ฿2.0t | ฿602.6b | ฿17.8b | 22.3x | 112.6x | 3.3x |
| Tue, 08 Mar 2022 | ฿1.9t | ฿602.6b | ฿17.8b | 20.8x | 108.5x | 3.2x |
| Thu, 03 Feb 2022 | ฿2.0t | ฿576.2b | ฿6.9b | 22.5x | 293x | 3.5x |
| Sat, 01 Jan 2022 | ฿1.9t | ฿565.1b | ฿6.4b | 22.8x | 298x | 3.4x |
| Mon, 29 Nov 2021 | ฿1.9t | ฿565.1b | ฿6.4b | 22.3x | 297.1x | 3.4x |
| Wed, 27 Oct 2021 | ฿1.9t | ฿553.5b | ฿5.4b | 24.3x | 351.5x | 3.4x |
| Fri, 24 Sep 2021 | ฿1.9t | ฿553.5b | ฿5.4b | 25.2x | 352.8x | 3.4x |
| Sun, 22 Aug 2021 | ฿1.8t | ฿553.8b | ฿5.4b | 22.6x | 338.3x | 3.3x |
| Fri, 09 Jul 2021 | ฿1.8t | ฿553.2b | ฿5.3b | 22.9x | 345.7x | 3.3x |
| Thu, 01 Apr 2021 | ฿1.9t | ฿531.0b | -฿4,252,928,077.00 | 20.3x | -438x | 3.5x |
| Sun, 03 Jan 2021 | ฿1.6t | ฿547.0b | -฿1,258,623,649.00 | 17.4x | -1298.7x | 3x |
| Wed, 07 Oct 2020 | ฿1.4t | ฿549.3b | ฿10.6b | 13.6x | 133.6x | 2.6x |
| Tue, 30 Jun 2020 | ฿1.5t | ฿586.3b | ฿25.4b | 13.3x | 59.7x | 2.6x |
| Fri, 03 Apr 2020 | ฿1.2t | ฿625.7b | ฿42.3b | 10.9x | 29x | 2x |
| Mon, 06 Jan 2020 | ฿1.8t | ฿642.3b | ฿48.9b | 14x | 36.5x | 2.8x |
Price to Earnings Ratio
44.6x
Current Industry PE
- Investors are optimistic on the Thai Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 56.5x which is higher than its 3-year average PE of -30.2x.
- The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have declined 3.6% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Thai Industrials sector?
| TH Market | 0.16% | |
| Industrials | -0.66% | |
| Airlines | 2.48% | |
| Electrical | 2.33% | |
| Professional Services | 1.74% | |
| Infrastructure | 0.015% | |
| Aerospace & Defense | 0% | |
| Commercial Services | -0.54% | |
| Transportation | -0.80% | |
| Logistics | -0.98% | |
| Machinery | -1.04% | |
| Building | -1.11% | |
| Industrials | -1.19% | |
| Construction | -1.90% | |
| Marine and Shipping | -7.51% | |
| Trade Distributors | -12.62% | |
Industry PE
- Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio.
- Analysts expect its future annual earnings growth (37.4%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 94% over the next 5 years.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 48% 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 | |
|---|---|---|---|---|---|
| AOT Airports of Thailand | ฿74.25 | 0.3% +฿3.6b | 17.9% | PS63.6x | |
| STARK Stark Corporation | ฿3.28 | 3.8% +฿1.6b | -33.1% | PE14.1x | |
| BA Bangkok Airways | ฿12.90 | 4.0% +฿1.1b | 26.5% | PS3.1x | |
| CK CH. Karnchang | ฿24.10 | 1.7% +฿663.2m | 10.5% | PE36.4x | |
| AAV Asia Aviation | ฿3.04 | 1.3% +฿469.4m | 15.2% | PS3.2x |