Header cover image

Thai (SET) Commercial Services Industry Analysis

UpdatedMar 01, 2024
DataAggregated Company Financials
Companies18
  • 7D-2.6%
  • 3M1.0%
  • 1Y-55.0%
  • YTD-5.3%

Over the last 7 days, the Commercial Services industry has dropped 2.6%, driven by Jenkongklai declining 8.5%. Meanwhile, Chayo Group actually outperformed within the industry, gaining 7.7% in the last week. However, the industry is down 55% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

Has the Thai Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024฿26.4b฿16.1b-฿146,913,173.0021.5x-180x1.6x
Sun, 28 Jan 2024฿26.3b฿16.0b฿158.1m49x166.4x1.6x
Tue, 26 Dec 2023฿24.0b฿15.5b฿94.3m51.3x254.6x1.6x
Thu, 23 Nov 2023฿23.9b฿15.6b฿93.5m53.3x255x1.5x
Sat, 21 Oct 2023฿23.8b฿15.3b฿416.6m18.1x57.1x1.6x
Mon, 18 Sep 2023฿28.7b฿15.3b฿416.6m19.5x68.9x1.9x
Wed, 16 Aug 2023฿28.2b฿15.5b฿681.7m21.4x41.3x1.8x
Fri, 14 Jul 2023฿27.1b฿15.2b฿722.9m22.3x37.5x1.8x
Sun, 11 Jun 2023฿39.5b฿15.2b฿722.9m30.2x54.7x2.6x
Tue, 09 May 2023฿47.7b฿15.6b฿983.0m30.9x48.5x3.1x
Thu, 06 Apr 2023฿49.8b฿15.8b฿983.0m30.9x50.7x3.2x
Sat, 04 Mar 2023฿53.2b฿15.5b฿1.0b30.6x50.9x3.4x
Mon, 30 Jan 2023฿48.6b฿13.5b฿927.6m28.3x52.3x3.6x
Wed, 28 Dec 2022฿42.5b฿13.5b฿927.6m26.5x45.8x3.2x
Fri, 25 Nov 2022฿41.2b฿13.5b฿927.6m25.1x44.4x3.1x
Sun, 23 Oct 2022฿44.5b฿14.2b฿1.0b29.3x43.7x3.1x
Tue, 20 Sep 2022฿45.8b฿14.2b฿1.0b29.6x45x3.2x
Thu, 18 Aug 2022฿46.7b฿14.0b฿972.2m32.7x48.1x3.3x
Sat, 16 Jul 2022฿46.0b฿13.8b฿859.5m46.3x53.6x3.3x
Mon, 13 Jun 2022฿50.3b฿13.8b฿859.5m56.8x58.5x3.6x
Wed, 11 May 2022฿50.2b฿13.9b฿849.6m44.9x59x3.6x
Fri, 08 Apr 2022฿53.6b฿13.9b฿849.6m45.6x63.1x3.9x
Sun, 06 Mar 2022฿53.3b฿13.9b฿849.6m42.6x62.7x3.8x
Tue, 01 Feb 2022฿54.8b฿14.3b฿879.6m20.9x62.4x3.8x
Thu, 30 Dec 2021฿50.0b฿14.3b฿879.6m21.4x56.8x3.5x
Sat, 27 Nov 2021฿47.6b฿14.3b฿879.6m22.2x54.1x3.3x
Mon, 25 Oct 2021฿39.7b฿14.5b฿422.6m25.6x93.9x2.7x
Wed, 22 Sep 2021฿43.9b฿14.5b฿422.6m24.8x103.8x3x
Fri, 20 Aug 2021฿39.0b฿14.7b฿449.2m26.3x86.8x2.6x
Fri, 04 Jun 2021฿40.1b฿14.3b฿291.1m25.7x137.9x2.8x
Mon, 08 Mar 2021฿26.6b฿14.3b฿165.0m18.5x161.5x1.9x
Price to Earnings Ratio

161.5x


Total Market Cap: ฿26.6bTotal Earnings: ฿165.0mTotal Revenue: ฿14.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average 77.2x202220232024
Current Industry PE
  • Investors are pessimistic on the Thai Commercial Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • Total earnings for the Commercial Services industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 4.1% per year.
  • This means that although more sales are being generated, 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 industry?

TH Market-2.26%
Industrials-1.21%
Commercial Services-2.61%
Diversified Support Services2.02%
Security and Alarm Services0%
Office Services and Supplies-2.11%
Environmental and Facilities Services-4.77%
Commercial Printing-5.94%
Industry PE
  • Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio of 20.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings growth rate of 8.7% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 8.6% 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
CHAYO Chayo Group฿5.403.8%
+฿227.4m
-40.5%PE15.7x
BWG Better World Green฿0.551.9%
+฿54.0m
-46.1%PS1.3x
UBA Utility Business Alliance฿1.111.8%
+฿12.0m
-34.7%PE9.4x
K Kingsmen C.M.T.I฿1.301.6%
+฿9.6m
-7.1%PE44.7x
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

PTECH

฿9.95

Plus Tech Innovation

7D

-9.5%

1Y

-53.9%

SIAM

฿1.19

Siam Steel International

7D

-7.8%

1Y

-27.9%

OTO

฿0.65

One to One Contacts

7D

-9.7%

1Y

-96.2%

CMO

฿0.96

CMO

7D

-12.7%

1Y

-79.2%

JPARK

฿6.70

Jenkongklai

7D

-5.6%

1Y

n/a

UBA

฿1.11

Utility Business Alliance

7D

1.8%

1Y

-34.7%

K

฿1.30

Kingsmen C.M.T.I

7D

1.6%

1Y

-7.1%

TNDT

฿0.27

Thai Nondestructive Testing

7D

-18.2%

1Y

-37.2%

TKS

฿6.65

T.K.S. Technologies

7D

-2.2%

1Y

-48.0%

CHAYO

฿5.40

Chayo Group

7D

3.8%

1Y

-40.5%

SFT

฿3.98

Shrinkflex (Thailand)

7D

-2.0%

1Y

-18.1%

BWG

฿0.55

Better World Green

7D

1.9%

1Y

-46.1%