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Thai (SET) Airlines Industry Analysis
UpdatedJan 30, 2025
DataAggregated Company Financials
Companies2
- 7D0.4%
- 3M-23.1%
- 1Y18.3%
- YTDn/a
In the last week, Airlines has been flat. As for the the longer term, the industry is up 19% over the past 12 months. As for the next few years, earnings are forecast to decline by 5.6% per annum.
Industry Valuation and Performance
Has the Thai Airlines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 Jan 2025 | ฿70.2b | ฿76.3b | ฿8.8b | 9.5x | 7.9x | 0.9x |
| Sat, 28 Dec 2024 | ฿81.7b | ฿76.3b | ฿8.8b | 11x | 9.2x | 1.1x |
| Mon, 25 Nov 2024 | ฿88.5b | ฿76.3b | ฿8.8b | 12x | 10x | 1.2x |
| Wed, 23 Oct 2024 | ฿83.2b | ฿72.2b | ฿4.9b | 27.6x | 16.8x | 1.2x |
| Fri, 20 Sep 2024 | ฿83.6b | ฿72.2b | ฿4.9b | 27.6x | 16.9x | 1.2x |
| Sun, 18 Aug 2024 | ฿68.4b | ฿72.2b | ฿4.9b | 22.6x | 13.8x | 0.9x |
| Tue, 16 Jul 2024 | ฿69.2b | ฿69.5b | ฿3.8b | 10.5x | 18.2x | 1x |
| Thu, 13 Jun 2024 | ฿72.3b | ฿69.5b | ฿3.8b | 10.8x | 19x | 1x |
| Sat, 11 May 2024 | ฿65.6b | ฿63.3b | ฿3.6b | 38.2x | 18.3x | 1x |
| Mon, 08 Apr 2024 | ฿66.6b | ฿63.3b | ฿3.6b | 39.1x | 18.6x | 1.1x |
| Wed, 06 Mar 2024 | ฿62.9b | ฿63.3b | ฿3.6b | 37.1x | 17.6x | 1x |
| Fri, 02 Feb 2024 | ฿59.4b | ฿58.2b | ฿4.4b | 23x | 13.6x | 1x |
| Sun, 31 Dec 2023 | ฿58.5b | ฿58.2b | ฿4.4b | 21.3x | 13.4x | 1x |
| Tue, 28 Nov 2023 | ฿55.1b | ฿58.2b | ฿4.4b | 20.8x | 12.6x | 0.9x |
| Thu, 26 Oct 2023 | ฿53.4b | ฿51.5b | -฿286,845,370.00 | 21.6x | -186.2x | 1x |
| Sat, 23 Sep 2023 | ฿66.0b | ฿51.5b | -฿286,845,370.00 | 25.5x | -230.2x | 1.3x |
| Mon, 21 Aug 2023 | ฿67.6b | ฿51.5b | -฿286,845,370.00 | 26.3x | -235.5x | 1.3x |
| Wed, 19 Jul 2023 | ฿62.4b | ฿41.5b | -฿5,515,096,370.00 | n/a | -11.3x | 1.5x |
| Fri, 16 Jun 2023 | ฿68.6b | ฿41.5b | -฿5,515,096,370.00 | n/a | -12.4x | 1.7x |
| Sun, 14 May 2023 | ฿64.8b | ฿30.1b | -฿10,140,181,370.00 | n/a | -6.4x | 2.2x |
| Tue, 11 Apr 2023 | ฿61.7b | ฿30.1b | -฿10,140,181,370.00 | n/a | -6.1x | 2.1x |
| Thu, 09 Mar 2023 | ฿62.3b | ฿19.9b | -฿14,538,893,994.00 | n/a | -4.3x | 3.1x |
| Sat, 04 Feb 2023 | ฿67.5b | ฿19.9b | -฿14,538,893,994.00 | n/a | -4.6x | 3.4x |
| Mon, 02 Jan 2023 | ฿65.4b | ฿19.9b | -฿14,538,893,994.00 | n/a | -4.5x | 3.3x |
| Wed, 30 Nov 2022 | ฿62.5b | ฿19.9b | -฿14,538,893,994.00 | n/a | -4.3x | 3.1x |
| Fri, 28 Oct 2022 | ฿65.5b | ฿12.3b | -฿19,170,982,994.00 | n/a | -3.4x | 5.3x |
| Sun, 25 Sep 2022 | ฿59.3b | ฿12.3b | -฿19,170,982,994.00 | n/a | -3.1x | 4.8x |
| Tue, 23 Aug 2022 | ฿53.3b | ฿12.3b | -฿19,170,982,994.00 | n/a | -2.8x | 4.3x |
| Thu, 21 Jul 2022 | ฿50.5b | ฿9.0b | -฿15,977,765,742.00 | n/a | -3.2x | 5.6x |
| Sat, 18 Jun 2022 | ฿53.5b | ฿9.0b | -฿15,977,765,742.00 | n/a | -3.4x | 6x |
| Mon, 16 May 2022 | ฿54.2b | ฿7.4b | -฿15,197,347,994.00 | n/a | -3.6x | 7.3x |
| Wed, 13 Apr 2022 | ฿54.8b | ฿7.4b | -฿15,197,347,994.00 | n/a | -3.6x | 7.4x |
| Fri, 11 Mar 2022 | ฿46.3b | ฿7.4b | -฿15,197,347,994.00 | n/a | -3x | 6.2x |
| Sun, 06 Feb 2022 | ฿49.2b | ฿11.1b | -฿15,578,342,103.00 | n/a | -3.2x | 4.4x |
Price to Earnings Ratio
-3.2x
Current Industry PE
- There are only 2 companies in the Thai Airlines industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Airlines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 90% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Thai Airlines compare with similar industries?
| TH Market | -1.35% | |
| Industrials | -1.49% | |
| Airlines | 0.37% | |
| Airlines | 0.37% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BA Bangkok Airways | ฿19.50 | 2.6% +฿1.1b | 33.6% | PE14.1x |