Thai (SET) Industrials Sector Analysis
- 7D-3.3%
- 3M-3.6%
- 1Y8.5%
- YTD10.2%
Over the last 7 days, the Industrials industry has dropped 3.3%, driven by a pullback from Airports of Thailand of 6.0%. Meanwhile, Regional Container Lines actually outperformed within the industry, gaining 9.8% in the last week. This takes the industry's 12 month performance to a gain of 8.5%.
Sector Valuation and Performance
Has the Thai Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | ฿1.8t | ฿565.1b | ฿6.4b | 22.5x |
| Mon, 01 Nov 2021 | ฿1.9t | ฿553.7b | ฿5.4b | 24.5x |
| Wed, 29 Sep 2021 | ฿1.9t | ฿553.5b | ฿5.4b | 25x |
| Fri, 27 Aug 2021 | ฿1.9t | ฿553.8b | ฿5.4b | 22.9x |
| Sat, 03 Jul 2021 | ฿1.8t | ฿553.2b | ฿5.3b | 22.9x |
| Tue, 06 Apr 2021 | ฿1.9t | ฿531.0b | -฿4,252,928,077.00 | 20.3x |
| Fri, 08 Jan 2021 | ฿1.6t | ฿547.0b | -฿1,258,623,649.00 | 17.4x |
| Thu, 01 Oct 2020 | ฿1.4t | ฿549.3b | ฿10.6b | 13.6x |
| Sun, 05 Jul 2020 | ฿1.5t | ฿586.3b | ฿25.4b | 13.3x |
| Wed, 08 Apr 2020 | ฿1.2t | ฿625.7b | ฿42.3b | 10.9x |
| Tue, 31 Dec 2019 | ฿1.8t | ฿642.3b | ฿48.9b | 14x |
| Fri, 04 Oct 2019 | ฿1.8t | ฿658.0b | ฿40.4b | 17.4x |
| Mon, 08 Jul 2019 | ฿1.8t | ฿842.1b | ฿26.5b | 16.6x |
| Sun, 31 Mar 2019 | ฿1.7t | ฿838.9b | ฿30.7b | 16.9x |
| Wed, 02 Jan 2019 | ฿1.6t | ฿844.7b | ฿33.8b | 17.5x |
17.5x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 22.5x which is higher than its 3-year average PE of 17.2x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Industrials industry have declined 43% per year over the last three years, and revenues have also declined 13% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Thai Industrials sector?
| Professional Services | 10.48% | |
| Marine and Shipping | 5.05% | |
| Commercial Services | 2.18% | |
| Electrical | 0.89% | |
| Trade Distributors | 0.77% | |
| Industrials | 0.41% | |
| Logistics | -0.50% | |
| Building | -2.13% | |
| Machinery | -2.22% | |
| Transportation | -2.99% | |
| Construction | -3.08% | |
| Airlines | -4.16% | |
| Infrastructure | -5.39% | |
Industry PE: Investors are most optimistic about the Professional Services industry which is trading above its 3-year average PE ratio of 19.9x. This is likely because analysts are expecting annual earnings growth of 21%, which is higher than its past year's earnings growth of 15% per year. Meanwhile, investors are most pessimistic about the Industrials industry, which is trading below its 3-year average of 19.1x.
Forecasted Growth: Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 90% over the next 5 years. Meanwhile, the Industrials industry is expected to see its earnings decline by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| RCL Regional Container Lines | 9.8%+฿3.3b | 326.2% | PE3.3x | |
| BROOK Brooker Group | 32.6%+฿2.4b | 195.0% | PE29.1x | |
| STARK Stark Corporation | 1.6%+฿952.5m | 29.7% | PE24.7x | |
| TRC TRC Construction | 28.6%+฿575.2m | 170.0% | PS0.6x | |
| OTO One to One Contacts | 8.7%+฿560.0m | 140.4% | PE1220.7x |