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Thai (SET) Industrials Sector Analysis

UpdatedFeb 27, 2024
DataAggregated Company Financials
Companies167
  • 7D1.0%
  • 3M4.1%
  • 1Y-18.2%
  • YTD0.6%

The Industrials industry has stayed flat over the last week. Unfortunately though, the industry is down 18% over the past 12 months. Earnings are forecast to grow by 30% annually.

Sector Valuation and Performance

Has the Thai Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024฿1.7t฿752.5b฿25.1b17.9x67.3x2.2x
Fri, 26 Jan 2024฿1.6t฿760.9b฿32.3b16.5x50x2.1x
Sun, 24 Dec 2023฿1.6t฿726.9b฿30.5b15.4x53.3x2.2x
Tue, 21 Nov 2023฿1.7t฿718.1b฿25.6b15.1x67.7x2.4x
Thu, 19 Oct 2023฿1.7t฿717.6b฿29.1b15.5x60x2.4x
Sat, 16 Sep 2023฿1.9t฿713.5b฿28.7b16.7x64.4x2.6x
Mon, 14 Aug 2023฿1.8t฿705.9b฿27.7b16.3x66.6x2.6x
Wed, 12 Jul 2023฿1.8t฿702.4b฿26.4b16.1x68.8x2.6x
Fri, 09 Jun 2023฿1.9t฿734.4b฿30.0b16.8x62x2.5x
Sun, 07 May 2023฿2.0t฿725.1b฿31.1b19.1x63x2.7x
Tue, 04 Apr 2023฿2.0t฿723.8b฿30.9b19.4x63.8x2.7x
Thu, 02 Mar 2023฿2.0t฿701.1b฿38.8b20.7x51.9x2.9x
Sat, 28 Jan 2023฿2.1t฿695.4b฿35.4b20.3x59.8x3x
Mon, 26 Dec 2022฿2.0t฿694.7b฿36.1b18.5x55.7x2.9x
Wed, 23 Nov 2022฿2.1t฿696.9b฿36.2b19.8x57x3x
Fri, 21 Oct 2022฿2.1t฿659.2b฿25.7b17.9x80.1x3.1x
Sun, 18 Sep 2022฿2.1t฿658.1b฿25.7b18.1x81.4x3.2x
Tue, 16 Aug 2022฿2.0t฿654.3b฿26.9b18x76x3.1x
Thu, 14 Jul 2022฿2.0t฿630.1b฿22.8b18.7x87x3.1x
Sat, 11 Jun 2022฿2.0t฿628.0b฿22.6b21x89.8x3.2x
Mon, 09 May 2022฿2.0t฿602.9b฿17.8b21.6x111.5x3.3x
Wed, 06 Apr 2022฿2.0t฿602.6b฿17.8b22.5x113.4x3.3x
Fri, 04 Mar 2022฿2.0t฿603.4b฿17.7b21.8x113.6x3.3x
Sun, 30 Jan 2022฿2.0t฿574.8b฿6.7b22.1x291.5x3.4x
Tue, 28 Dec 2021฿1.9t฿565.1b฿6.4b22.2x294.6x3.3x
Thu, 25 Nov 2021฿2.0t฿565.1b฿6.4b22.6x307.8x3.5x
Sat, 23 Oct 2021฿1.9t฿553.5b฿5.4b24.6x358.4x3.5x
Mon, 20 Sep 2021฿1.9t฿553.6b฿5.4b25.3x351.7x3.4x
Wed, 18 Aug 2021฿1.8t฿553.8b฿5.4b21.2x334.3x3.2x
Wed, 02 Jun 2021฿1.9t฿534.1b-฿3,436,164,715.0023.7x-542.8x3.5x
Sat, 06 Mar 2021฿1.7t฿547.2b-฿1,266,753,649.0019.3x-1342.8x3.1x
Price to Earnings Ratio

-1342.8x


Total Market Cap: ฿1.7tTotal Earnings: -฿1,266,753,649.00Total Revenue: ฿547.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Industrials Sector Price to Earnings3Y Average 82.1x202220232024
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 67.3x which is higher than its 3-year average PE of 41.7x.
  • The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • Total earnings for the Industrials industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 11% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Thai Industrials sector?

TH Market0.79%
Industrials1.01%
Trade Distributors6.87%
Airlines2.04%
Infrastructure1.75%
Construction1.56%
Aerospace & Defense0%
Industrials-0.42%
Professional Services-0.58%
Machinery-1.03%
Electrical-1.03%
Transportation-2.40%
Logistics-2.51%
Building-2.65%
Commercial Services-3.03%
Marine and Shipping-3.11%
Industry PE
  • Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 17.6%, which is higher than its past year's earnings decline of 12.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Transportation industry, expecting annual earnings growth of 112% over the next 5 years.
  • This is better than its past earnings decline of 4.9% per year.
  • In contrast, the Commercial Services industry is expected to see its earnings grow by 15% 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
AOT Airports of Thailand฿64.502.0%
+฿17.9b
-11.3%PE70.8x
BEM Bangkok Expressway and Metro฿8.103.2%
+฿3.8b
-12.4%PE38.4x
GIFT Gift Infinite฿5.8538.0%
+฿2.1b
60.3%PE193.6x
ITD Italian-Thai Development฿0.9639.1%
+฿1.4b
-48.1%PS0.07x
CK CH. Karnchang฿23.903.5%
+฿1.4b
12.2%PE27.8x
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Latest News

AAV

฿2.32

Asia Aviation

7D

3.6%

1Y

-18.9%

RCL

฿23.50

Regional Container Lines

7D

-8.7%

1Y

-24.8%

JPARK

฿6.70

Jenkongklai

7D

-12.4%

1Y

n/a

BA

฿16.00

Bangkok Airways

7D

2.6%

1Y

22.1%

BAFS

฿23.40

Bangkok Aviation Fuel Services

7D

-1.7%

1Y

-27.4%

DMT

฿12.00

Don Muang Tollway

7D

-8.4%

1Y

-11.1%

NL

฿2.46

Nl Development

7D

-20.6%

1Y

n/a

GIFT

฿5.85

Gift Infinite

7D

38.0%

1Y

60.3%

BTS

฿5.05

BTS Group Holdings

7D

-7.3%

1Y

-37.3%

AOT

฿64.50

Airports of Thailand

7D

2.0%

1Y

-11.3%

SCGD

฿8.10

SCG Decor

7D

-5.8%

1Y

n/a

ITD

฿0.96

Italian-Thai Development

7D

39.1%

1Y

-48.1%

PSG

฿0.71

PSG Corporation

7D

1.4%

1Y

-39.8%

CK

฿23.90

CH. Karnchang

7D

3.5%

1Y

12.2%

BEM

฿8.10

Bangkok Expressway and Metro

7D

3.2%

1Y

-12.4%

COTTO

฿0.99

SCG Ceramics

7D

-11.6%

1Y

-51.5%