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Thai (SET) Commercial Services Industry Analysis

UpdatedMar 09, 2026
DataAggregated Company Financials
Companies17
  • 7D-6.6%
  • 3M-0.3%
  • 1Y-15.1%
  • YTD-0.7%

Over the last 7 days, the Commercial Services industry has dropped 6.6%, driven by T.K.S. Technologies declining 9.4%. Meanwhile, Salee Printing actually outperformed within the industry, gaining 5.4% in the last week. However, the industry is down 15% over the past year. Earnings are forecast to grow by 65% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Mar 2026฿13.9b฿14.3b-฿955,555,113.0011.4x-14.5x1x
Wed, 04 Feb 2026฿13.6b฿14.5b-฿1,029,750,864.0010.4x-13.2x0.9x
Fri, 02 Jan 2026฿13.8b฿14.5b-฿1,029,750,864.009.7x-13.4x1x
Sun, 30 Nov 2025฿14.2b฿14.6b-฿1,057,979,864.009.7x-13.4x1x
Tue, 28 Oct 2025฿14.5b฿14.6b-฿415,819,938.009.9x-34.9x1x
Thu, 25 Sep 2025฿14.4b฿14.0b฿273.3m10.4x52.6x1x
Sat, 23 Aug 2025฿14.1b฿14.6b-฿415,819,938.0010.4x-33.9x1x
Mon, 21 Jul 2025฿13.7b฿14.8b-฿405,801,716.009.2x-33.7x0.9x
Wed, 18 Jun 2025฿14.0b฿14.8b-฿405,801,716.009.6x-34.5x0.9x
Fri, 16 May 2025฿15.5b฿14.8b-฿404,236,528.0010.1x-38.2x1x
Sun, 13 Apr 2025฿15.0b฿15.0b-฿406,796,665.0010.2x-36.9x1x
Tue, 11 Mar 2025฿16.1b฿15.0b-฿270,418,509.0013x-59.4x1.1x
Thu, 06 Feb 2025฿16.3b฿15.2b-฿98,315,428.0010.7x-165.9x1.1x
Sat, 04 Jan 2025฿18.6b฿15.3b-฿266,807,551.0013x-69.6x1.2x
Mon, 02 Dec 2024฿20.0b฿15.2b-฿98,315,428.0014.8x-203.5x1.3x
Wed, 30 Oct 2024฿22.0b฿15.6b-฿314,425,809.0018.6x-69.9x1.4x
Fri, 27 Sep 2024฿23.2b฿15.6b-฿314,425,809.0016.4x-73.9x1.5x
Sun, 25 Aug 2024฿21.6b฿15.8b-฿300,812,577.0016.7x-71.9x1.4x
Tue, 23 Jul 2024฿20.4b฿15.4b-฿118,130,045.0014.5x-172.7x1.3x
Thu, 20 Jun 2024฿20.9b฿15.4b-฿118,130,045.0012.8x-177x1.4x
Sat, 18 May 2024฿23.7b฿16.5b-฿145,239,486.0014.9x-162.9x1.4x
Mon, 15 Apr 2024฿25.1b฿16.3b-฿231,785,778.0021.5x-108.2x1.5x
Wed, 13 Mar 2024฿25.8b฿16.3b-฿231,785,778.0020.1x-111.3x1.6x
Fri, 09 Feb 2024฿26.5b฿16.0b฿158.1m47.2x167.6x1.7x
Sun, 07 Jan 2024฿25.1b฿15.5b฿94.3m52x266.6x1.6x
Tue, 05 Dec 2023฿23.4b฿15.5b฿94.3m52.3x247.9x1.5x
Thu, 02 Nov 2023฿23.0b฿15.3b฿416.6m18.2x55.1x1.5x
Sat, 30 Sep 2023฿27.2b฿15.3b฿416.6m19.3x65.2x1.8x
Mon, 28 Aug 2023฿29.4b฿15.3b฿416.6m19.4x70.5x1.9x
Wed, 26 Jul 2023฿28.1b฿15.2b฿722.9m20.8x38.8x1.8x
Fri, 23 Jun 2023฿29.8b฿15.2b฿722.9m21.7x41.2x2x
Sun, 21 May 2023฿45.1b฿15.9b฿798.8m28.3x56.4x2.8x
Tue, 18 Apr 2023฿48.5b฿15.8b฿983.0m30.3x49.3x3.1x
Thu, 16 Mar 2023฿50.8b฿15.9b฿998.5m31.3x50.8x3.2x
Price to Earnings Ratio

50.8x


Total Market Cap: ฿50.8bTotal Earnings: ฿998.5mTotal Revenue: ฿15.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -38.5x202420252026
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 1.5x is higher than the industry's current PS ratio of 0.97x.
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.
  • Revenues have also declined 3.5% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the Thai Industrials industry?

TH Market-7.73%
Industrials-8.21%
Commercial Services-6.62%
Office Services and Supplies-3.52%
Diversified Support Services-3.57%
Commercial Printing-6.92%
Environmental and Facilities Services-9.47%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 8.7x.
    • 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 Diversified Support Services industry, expecting annual earnings growth of 115% over the next 5 years.
  • This is better than its past earnings decline of 44% per year.
  • In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 13% 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
SLP Salee Printing฿0.385.6%
+฿24.0m
-2.6%PE11.1x
SFT Shrinkflex (Thailand)฿1.802.3%
+฿17.6m
-10.9%PE11.8x
JPARK Jenkongklai฿3.020.7%
+฿8.0m
-43.6%PE14.5x

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