Thai (SET) Commercial Services Industry Analysis
- 7D6.0%
- 3M6.8%
- 1Y86.5%
- YTD81.5%
Over the last 7 days, the Commercial Services industry has risen 6.0%, driven by gains from One to One Contacts of 15%. Meanwhile, General Environmental Conservation actually underperformed within the industry, shrinking 5.1% in the last week. This takes the industry's 12 month performance to a gain of 87%.
Industry Valuation and Performance
Has the Thai Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 29 Nov 2021 | ฿47.6b | ฿14.3b | ฿879.6m | 22.2x |
| Wed, 27 Oct 2021 | ฿40.3b | ฿14.5b | ฿422.6m | 25.5x |
| Fri, 24 Sep 2021 | ฿43.4b | ฿14.5b | ฿422.6m | 24.5x |
| Sun, 22 Aug 2021 | ฿39.0b | ฿14.7b | ฿449.2m | 26.3x |
| Fri, 09 Jul 2021 | ฿40.8b | ฿14.7b | ฿449.2m | 26x |
| Thu, 01 Apr 2021 | ฿33.3b | ฿14.3b | ฿291.1m | 27.2x |
| Sun, 03 Jan 2021 | ฿23.8b | ฿14.3b | ฿165.0m | 17.5x |
| Wed, 07 Oct 2020 | ฿20.5b | ฿14.3b | ฿128.8m | 20.9x |
| Tue, 30 Jun 2020 | ฿18.9b | ฿14.9b | ฿458.2m | 28.4x |
| Fri, 03 Apr 2020 | ฿13.4b | ฿15.8b | ฿616.6m | 14.7x |
| Mon, 06 Jan 2020 | ฿19.4b | ฿16.5b | ฿748.1m | 15.6x |
| Thu, 10 Oct 2019 | ฿20.5b | ฿17.0b | ฿753.2m | 17.4x |
| Wed, 03 Jul 2019 | ฿21.6b | ฿17.0b | ฿959.5m | 16.4x |
| Sat, 06 Apr 2019 | ฿22.7b | ฿16.9b | ฿1.3b | 20.9x |
| Tue, 08 Jan 2019 | ฿21.1b | ฿16.3b | ฿1.3b | 16.1x |
21.9x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 20.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Commercial Services industry have declined 15% per year over the last three years, and revenues have also declined 2.3% 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 Commercial Services industry?
| Office Services and Supplies | 7.67% | |
| Commercial Printing | 7.08% | |
| Diversified Support Services | 6.86% | |
| Environmental and Facilities Services | -1.05% | |
Industry PE: Investors are most optimistic about the Diversified Support Services industry which is trading above its 3-year average PE ratio of 24.4x. This is likely because analysts are expecting annual earnings growth of 35%, which is higher than its past year's earnings growth of 29% per year. Meanwhile, investors are most pessimistic about the Office Services and Supplies industry, which is trading below its 3-year average of 21.6x.
Forecasted Growth: Analysts are most optimistic on the Diversified Support Services industry, expecting annual earnings growth of 35% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Commercial Printing industry is expected to see its earnings decline by 66% 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 | |
|---|---|---|---|---|
| OTO One to One Contacts | 23.8%+฿1.3b | 145.1% | PE1220.7x | |
| TBSP TBSP | 14.0%+฿571.8m | 85.4% | PS3.1x | |
| TNDT Thai Nondestructive Testing | 71.0%+฿448.0m | 209.5% | PE276.3x | |
| TKS T.K.S. Technologies | 7.4%+฿416.0m | 111.4% | PE5.2x | |
| GSC Global Service Center | 19.8%+฿175.0m | 244.7% | PS11.6x |