Header cover image

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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022฿2.0t฿692.1b฿36.1b19.5x56.5x2.9x
Tue, 25 Oct 2022฿2.1t฿659.2b฿25.7b17.7x80.3x3.1x
Thu, 22 Sep 2022฿2.1t฿658.1b฿25.7b17.9x81x3.2x
Sat, 20 Aug 2022฿2.0t฿658.1b฿25.7b18.3x79x3.1x
Mon, 18 Jul 2022฿2.0t฿630.1b฿22.8b18.9x86.1x3.1x
Wed, 15 Jun 2022฿2.0t฿628.0b฿22.6b20.3x88x3.2x
Fri, 13 May 2022฿2.0t฿604.6b฿19.0b20.7x103.5x3.2x
Sun, 10 Apr 2022฿2.0t฿602.6b฿17.8b22.3x112.6x3.3x
Tue, 08 Mar 2022฿1.9t฿602.6b฿17.8b20.8x108.5x3.2x
Thu, 03 Feb 2022฿2.0t฿576.2b฿6.9b22.5x293x3.5x
Sat, 01 Jan 2022฿1.9t฿565.1b฿6.4b22.8x298x3.4x
Mon, 29 Nov 2021฿1.9t฿565.1b฿6.4b22.3x297.1x3.4x
Wed, 27 Oct 2021฿1.9t฿553.5b฿5.4b24.3x351.5x3.4x
Fri, 24 Sep 2021฿1.9t฿553.5b฿5.4b25.2x352.8x3.4x
Sun, 22 Aug 2021฿1.8t฿553.8b฿5.4b22.6x338.3x3.3x
Fri, 09 Jul 2021฿1.8t฿553.2b฿5.3b22.9x345.7x3.3x
Thu, 01 Apr 2021฿1.9t฿531.0b-฿4,252,928,077.0020.3x-438x3.5x
Sun, 03 Jan 2021฿1.6t฿547.0b-฿1,258,623,649.0017.4x-1298.7x3x
Wed, 07 Oct 2020฿1.4t฿549.3b฿10.6b13.6x133.6x2.6x
Tue, 30 Jun 2020฿1.5t฿586.3b฿25.4b13.3x59.7x2.6x
Fri, 03 Apr 2020฿1.2t฿625.7b฿42.3b10.9x29x2x
Mon, 06 Jan 2020฿1.8t฿642.3b฿48.9b14x36.5x2.8x
Price to Earnings Ratio

44.6x


Total Market Cap: ฿1.8tTotal Earnings: ฿40.4bTotal Revenue: ฿658.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Industrials Sector Price to Earnings3Y Average -30.1x202020212022
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 Market0.16%
Industrials-0.66%
Airlines2.48%
Electrical2.33%
Professional Services1.74%
Infrastructure0.015%
Aerospace & Defense0%
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?

CompanyLast Price7D1YValuation
AOT Airports of Thailand฿74.250.3%
+฿3.6b
17.9%PS63.6x
STARK Stark Corporation฿3.283.8%
+฿1.6b
-33.1%PE14.1x
BA Bangkok Airways฿12.904.0%
+฿1.1b
26.5%PS3.1x
CK CH. Karnchang฿24.101.7%
+฿663.2m
10.5%PE36.4x
AAV Asia Aviation฿3.041.3%
+฿469.4m
15.2%PS3.2x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MORE

฿0.58

More Return

7D

-57.7%

1Y

-70.1%

AOT

฿74.25

Airports of Thailand

7D

0.3%

1Y

17.9%

AAV

฿3.04

Asia Aviation

7D

1.3%

1Y

15.2%

BTS

฿8.05

BTS Group Holdings

7D

-0.6%

1Y

-14.4%

TEAMG

฿14.50

TEAM Consulting Engineering and Management

7D

-12.7%

1Y

364.7%

STARK

฿3.28

Stark Corporation

7D

3.8%

1Y

-33.1%

BA

฿12.90

Bangkok Airways

7D

4.0%

1Y

26.5%

CK

฿24.10

CH. Karnchang

7D

1.7%

1Y

10.5%

PSL

฿14.40

Precious Shipping

7D

-7.1%

1Y

-11.7%

RCL

฿29.25

Regional Container Lines

7D

-8.6%

1Y

-28.2%

TRC

฿0.30

TRC Construction

7D

15.4%

1Y

42.9%

TKS

฿11.60

T.K.S. Technologies

7D

7.4%

1Y

-4.1%

PSG

฿1.24

PSG Corporation

7D

-4.6%

1Y

96.8%

CHAYO

฿7.75

Chayo Group

7D

-3.7%

1Y

-35.9%

BOL

฿10.40

Business Online

7D

4.0%

1Y

-31.6%

BEM

฿9.25

Bangkok Expressway and Metro

7D

-2.1%

1Y

8.2%