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Thai (SET) Commercial Services Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies17
  • 7D1.9%
  • 3M4.7%
  • 1Y-7.6%
  • YTD6.3%

In the last week, the Commercial Services industry is up 1.6%, with Jenkongklai leading the way with a 13% gain. In the same time, Chayo Group was down 15%. However, the industry is down 6.8% over the past year. Looking forward, 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, 02 Mar 2026฿14.9b฿14.9b-฿1,440,869,685.0011x-10.3x1x
Wed, 28 Jan 2026฿13.4b฿14.5b-฿1,029,750,864.0010.5x-13x0.9x
Fri, 26 Dec 2025฿14.0b฿14.5b-฿1,029,750,864.009.6x-13.6x1x
Sun, 23 Nov 2025฿14.1b฿14.6b-฿1,057,979,867.009.9x-13.3x1x
Tue, 21 Oct 2025฿15.0b฿14.6b-฿415,819,938.0010x-36.1x1x
Thu, 18 Sep 2025฿14.9b฿14.0b฿273.3m11x54.5x1.1x
Sat, 16 Aug 2025฿14.3b฿14.8b-฿303,286,576.008.9x-47x1x
Mon, 14 Jul 2025฿13.4b฿14.8b-฿405,801,716.009.5x-33.1x0.9x
Wed, 11 Jun 2025฿14.1b฿14.8b-฿405,801,716.009.6x-34.7x1x
Fri, 09 May 2025฿15.3b฿15.0b-฿406,796,665.0010.8x-37.6x1x
Sun, 06 Apr 2025฿15.6b฿15.0b-฿406,796,665.0010.8x-38.3x1x
Tue, 04 Mar 2025฿16.0b฿16.2b-฿143,913,765.0011.2x-111.3x1x
Thu, 30 Jan 2025฿17.1b฿15.2b-฿98,315,428.0012.1x-174x1.1x
Sat, 28 Dec 2024฿18.5b฿15.2b-฿98,315,428.0012.7x-188.3x1.2x
Mon, 25 Nov 2024฿20.1b฿15.2b-฿101,747,423.0014.5x-198x1.3x
Wed, 23 Oct 2024฿22.5b฿15.6b-฿314,425,809.0020.2x-71.5x1.4x
Fri, 20 Sep 2024฿24.0b฿15.6b-฿314,425,809.0017.9x-76.4x1.5x
Sun, 18 Aug 2024฿20.1b฿15.9b-฿311,009,064.0016.3x-64.5x1.3x
Tue, 16 Jul 2024฿22.5b฿15.4b-฿118,130,045.0014.4x-190.2x1.5x
Thu, 13 Jun 2024฿22.3b฿15.4b-฿118,130,045.0014.7x-188.9x1.4x
Sat, 11 May 2024฿23.6b฿16.3b-฿229,637,778.0021x-102.7x1.4x
Mon, 08 Apr 2024฿23.7b฿16.3b-฿231,785,778.0020.6x-102.2x1.5x
Wed, 06 Mar 2024฿25.8b฿16.3b-฿232,833,100.0019.8x-110.7x1.6x
Fri, 02 Feb 2024฿25.9b฿16.0b฿158.1m50.2x164.1x1.6x
Sun, 31 Dec 2023฿24.3b฿15.5b฿94.3m51.3x257.6x1.6x
Tue, 28 Nov 2023฿23.9b฿15.5b฿94.3m52.6x253.1x1.5x
Thu, 26 Oct 2023฿24.3b฿15.3b฿416.6m18.3x58.4x1.6x
Sat, 23 Sep 2023฿28.7b฿15.3b฿416.6m19.7x68.8x1.9x
Mon, 21 Aug 2023฿28.6b฿15.3b฿416.6m19.9x68.8x1.9x
Wed, 19 Jul 2023฿28.1b฿15.2b฿722.9m20.8x38.9x1.8x
Fri, 16 Jun 2023฿32.7b฿15.2b฿722.9m25.3x45.2x2.1x
Sun, 14 May 2023฿46.2b฿15.6b฿983.0m28.3x46.9x3x
Tue, 11 Apr 2023฿48.4b฿15.8b฿983.0m30.8x49.2x3.1x
Thu, 09 Mar 2023฿53.9b฿15.4b฿1.0b33.2x52.4x3.5x
Price to Earnings Ratio

52.4x


Total Market Cap: ฿53.9bTotal Earnings: ฿1.0bTotal Revenue: ฿15.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -38.2x202420252026
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 1.0x.
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 2.0% per year, which is driving profits down.

Industry Trends

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

TH Market3.27%
Industrials-1.19%
Commercial Services1.89%
Environmental and Facilities Services7.72%
Commercial Printing2.29%
Office Services and Supplies-0.22%
Diversified Support Services-4.20%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 8.0x.
    • 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 growth rate of 3.9% 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
JPARK Jenkongklai฿3.3812.7%
+฿152.0m
-35.6%PE16.2x
BWG Better World Green฿0.336.5%
+฿127.6m
37.5%PE4.7x
TKS T.K.S. Technologies฿6.953.7%
+฿115.9m
21.9%PE12.1x
TNDT Thai Nondestructive Testing฿0.1926.7%
+฿69.3m
-9.5%PS0.9x
PTECH Plus Tech Innovation฿1.908.0%
+฿51.4m
75.9%PS1.2x

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