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Thai (SET) Commercial Services Industry Analysis

UpdatedJan 26, 2026
DataAggregated Company Financials
Companies17
  • 7D0.9%
  • 3M-6.5%
  • 1Y-21.5%
  • YTD-2.3%

Over the last 7 days, the Commercial Services industry has risen 1.0%, driven by gains from Plus Tech Innovation of 8.9%. However, the industry is down 21% over the past year. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Jan 2026฿13.5b฿14.5b-฿1,029,750,864.0010.5x-13.1x0.9x
Wed, 24 Dec 2025฿13.9b฿14.5b-฿1,029,750,864.009.6x-13.5x1x
Fri, 21 Nov 2025฿14.4b฿14.6b-฿960,981,867.009.9x-15x1x
Sun, 19 Oct 2025฿15.0b฿14.6b-฿415,819,938.0010x-36.1x1x
Tue, 16 Sep 2025฿14.7b฿14.0b฿273.3m11x53.9x1.1x
Thu, 14 Aug 2025฿13.9b฿14.8b-฿403,257,716.008.9x-34.5x0.9x
Sat, 12 Jul 2025฿13.5b฿14.8b-฿405,801,716.009.5x-33.2x0.9x
Mon, 09 Jun 2025฿13.9b฿14.8b-฿405,801,716.009.5x-34.4x0.9x
Wed, 07 May 2025฿15.1b฿15.0b-฿406,796,665.0010.8x-37x1x
Fri, 04 Apr 2025฿16.1b฿15.0b-฿406,796,665.0011.4x-39.5x1.1x
Sun, 02 Mar 2025฿16.0b฿16.2b-฿180,712,453.0011.3x-88.7x1x
Tue, 28 Jan 2025฿17.4b฿15.2b-฿98,315,428.0012.1x-176.7x1.1x
Thu, 26 Dec 2024฿18.6b฿15.2b-฿98,315,428.0013x-189.4x1.2x
Sat, 23 Nov 2024฿20.1b฿15.4b-฿31,411,423.0013.1x-641.2x1.3x
Mon, 21 Oct 2024฿22.9b฿15.6b-฿314,425,809.0018.8x-72.8x1.5x
Wed, 18 Sep 2024฿24.1b฿15.6b-฿314,425,809.0018.8x-76.7x1.5x
Fri, 16 Aug 2024฿19.6b฿15.6b-฿255,337,064.0013.6x-76.6x1.3x
Sun, 14 Jul 2024฿22.9b฿15.4b-฿118,130,045.0014.5x-194.1x1.5x
Tue, 11 Jun 2024฿21.9b฿15.5b-฿115,788,045.0014.1x-189.4x1.4x
Thu, 09 May 2024฿24.2b฿16.3b-฿231,785,778.0021.1x-104.5x1.5x
Sat, 06 Apr 2024฿23.7b฿16.3b-฿231,785,778.0020.6x-102.2x1.5x
Mon, 04 Mar 2024฿26.2b฿16.2b-฿307,804,078.0020x-85.1x1.6x
Wed, 31 Jan 2024฿26.7b฿16.0b฿158.1m48.8x168.8x1.7x
Fri, 29 Dec 2023฿24.3b฿15.5b฿94.3m51.3x257.5x1.6x
Sun, 26 Nov 2023฿23.8b฿15.5b฿94.3m53.3x252.6x1.5x
Tue, 24 Oct 2023฿23.8b฿15.3b฿416.6m18.1x57.1x1.6x
Thu, 21 Sep 2023฿28.5b฿15.3b฿416.6m19.6x68.3x1.9x
Sat, 19 Aug 2023฿28.6b฿15.3b฿506.7m19.9x56.5x1.9x
Mon, 17 Jul 2023฿27.6b฿15.2b฿722.9m20.8x38.1x1.8x
Wed, 14 Jun 2023฿34.9b฿15.2b฿722.9m28.7x48.3x2.3x
Fri, 12 May 2023฿47.8b฿15.6b฿983.0m31.1x48.6x3.1x
Sun, 09 Apr 2023฿48.4b฿15.8b฿983.0m30.7x49.2x3.1x
Tue, 07 Mar 2023฿53.2b฿15.5b฿1.0b30.6x50.9x3.4x
Thu, 02 Feb 2023฿50.1b฿13.5b฿927.6m28.9x54x3.7x
Price to Earnings Ratio

54x


Total Market Cap: ฿50.1bTotal Earnings: ฿927.6mTotal Revenue: ฿13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -36.1x202420252026
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 1.6x is higher than the industry's current PS ratio of 0.93x.
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 2.5% 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 Market3.04%
Industrials-0.18%
Commercial Services0.89%
Office Services and Supplies3.69%
Commercial Printing1.12%
Environmental and Facilities Services0.47%
Diversified Support Services0.43%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 4.3x.
    • 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 18% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 5.3% 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
UBA Utility Business Alliance฿0.995.3%
+฿30.0m
20.7%PE10.6x
DTCI D.T.C. Industries฿21.007.7%
+฿15.0m
-36.4%PS1.7x
AKP Akkhie Prakarn฿0.623.3%
+฿8.1m
-6.1%PE4.1x
K Kingsmen C.M.T.I฿1.080.9%
+฿5.1m
-10.0%PS0.6x

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