Thai (SET) Commercial Services Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies17
- 7D-0.5%
- 3M-7.6%
- 1Y-14.0%
- YTD-25.0%
Last week, the Commercial Services industry hasn't moved much but T.K.S. Technologies is up 7.4% in that time. As for the longer term, the industry has declined 14% in the last year. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Thai Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | ฿41.3b | ฿13.5b | ฿927.6m | 25.1x | 44.5x | 3.1x |
| Thu, 27 Oct 2022 | ฿44.4b | ฿14.2b | ฿1.0b | 29.1x | 43.6x | 3.1x |
| Sat, 24 Sep 2022 | ฿46.1b | ฿14.2b | ฿1.0b | 31.7x | 45.3x | 3.2x |
| Mon, 22 Aug 2022 | ฿46.7b | ฿14.2b | ฿1.0b | 32.5x | 45.9x | 3.3x |
| Wed, 20 Jul 2022 | ฿46.0b | ฿13.8b | ฿859.5m | 46.3x | 53.6x | 3.3x |
| Fri, 17 Jun 2022 | ฿48.0b | ฿13.8b | ฿859.5m | 54.5x | 55.8x | 3.5x |
| Sun, 15 May 2022 | ฿48.0b | ฿13.6b | ฿874.3m | 45.6x | 54.9x | 3.5x |
| Tue, 12 Apr 2022 | ฿52.6b | ฿13.9b | ฿849.6m | 44.9x | 61.9x | 3.8x |
| Thu, 10 Mar 2022 | ฿51.1b | ฿13.9b | ฿849.6m | 42.6x | 60.2x | 3.7x |
| Sat, 05 Feb 2022 | ฿56.5b | ฿14.3b | ฿879.6m | 20.8x | 64.2x | 3.9x |
| Mon, 03 Jan 2022 | ฿51.5b | ฿14.3b | ฿879.6m | 21.9x | 58.5x | 3.6x |
| Wed, 01 Dec 2021 | ฿47.3b | ฿14.3b | ฿879.6m | 21.7x | 53.7x | 3.3x |
| Fri, 29 Oct 2021 | ฿41.2b | ฿14.5b | ฿422.6m | 25.8x | 97.4x | 2.8x |
| Sun, 26 Sep 2021 | ฿43.4b | ฿14.5b | ฿422.6m | 24.5x | 102.7x | 3x |
| Tue, 24 Aug 2021 | ฿39.5b | ฿14.7b | ฿449.2m | 25.8x | 88x | 2.7x |
| Wed, 30 Jun 2021 | ฿40.8b | ฿14.7b | ฿449.2m | 26x | 90.7x | 2.8x |
| Sat, 03 Apr 2021 | ฿33.3b | ฿14.3b | ฿291.1m | 27.2x | 114.2x | 2.3x |
| Tue, 05 Jan 2021 | ฿23.8b | ฿14.3b | ฿165.0m | 17.5x | 144.3x | 1.7x |
| Fri, 09 Oct 2020 | ฿20.5b | ฿14.3b | ฿128.8m | 20.9x | 159.3x | 1.4x |
| Thu, 02 Jul 2020 | ฿18.9b | ฿14.9b | ฿458.2m | 28.4x | 41.3x | 1.3x |
| Sun, 05 Apr 2020 | ฿13.4b | ฿15.8b | ฿616.6m | 14.7x | 21.7x | 0.8x |
| Wed, 08 Jan 2020 | ฿19.4b | ฿16.5b | ฿748.1m | 15.6x | 25.9x | 1.2x |
Price to Earnings Ratio
25.3x
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 industry is trading at a PE ratio of 44.5x which is lower than its 3-year average PE of 70.8x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 7.2% per year over the last three years.
- Meanwhile revenues for these companies have declined 7.5% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Thai Industrials industry?
| TH Market | 0.16% | |
| Industrials | -0.66% | |
| Commercial Services | -0.54% | |
| Environmental and Facilities Services | 8.12% | |
| Commercial Printing | 1.53% | |
| Security and Alarm Services | 0% | |
| Diversified Support Services | -3.08% | |
| Office Services and Supplies | -8.27% | |
Industry PE
- Investors are most optimistic about the Diversified Support Services industry which is trading above its 3-year average PE ratio of 85.0x.
- Analysts are expecting annual earnings growth of 40.4%, which is higher than its past year's earnings decline of 1.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Support Services industry, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings decline of 1.2% per year.
- In contrast, the Commercial Printing industry is expected to see its earnings decline by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BWG Better World Green | ฿0.72 | 10.8% +฿318.6m | -11.1% | PS1.3x | |
| AKP Akkhie Prakarn | ฿1.89 | 8.6% +฿60.6m | -13.3% | PE21.5x | |
| CHAYO Chayo Group | ฿7.90 | 0.6% +฿53.3m | -33.1% | PE39.4x | |
| TKS T.K.S. Technologies | ฿11.40 | 0.9% +฿50.8m | -3.5% | PE8x | |
| SFT Shrinkflex (Thailand) | ฿5.05 | 1.0% +฿22.0m | -22.9% | PE29.2x |