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Thai (SET) Commercial Services Industry Analysis
UpdatedMar 12, 2026
DataAggregated Company Financials
Companies17
- 7D6.0%
- 3M4.2%
- 1Y-11.4%
- YTD2.4%
In the last week, the Commercial Services industry is up 6.0%, with Better World Green up 26%. Meanwhile, Rockworth actually underperformed within the industry, shrinking 6.0% in the last week. In the past year, the industry is down 11%. Earnings are forecast to grow by 64% 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 |
|---|---|---|---|---|---|---|
| Thu, 12 Mar 2026 | ฿14.3b | ฿14.3b | -฿604,993,124.00 | 11.2x | -23.7x | 1x |
| Sat, 07 Feb 2026 | ฿13.5b | ฿14.5b | -฿1,029,750,864.00 | 10.7x | -13.1x | 0.9x |
| Mon, 05 Jan 2026 | ฿13.8b | ฿14.5b | -฿1,029,750,864.00 | 9.7x | -13.4x | 1x |
| Wed, 03 Dec 2025 | ฿14.1b | ฿14.6b | -฿1,057,979,864.00 | 9.7x | -13.3x | 1x |
| Fri, 31 Oct 2025 | ฿14.3b | ฿14.6b | -฿415,819,938.00 | 9.1x | -34.4x | 1x |
| Sun, 28 Sep 2025 | ฿14.7b | ฿14.0b | ฿273.3m | 10.5x | 53.8x | 1x |
| Tue, 26 Aug 2025 | ฿14.3b | ฿14.6b | -฿415,819,938.00 | 10.3x | -34.4x | 1x |
| Thu, 24 Jul 2025 | ฿13.8b | ฿14.8b | -฿405,801,716.00 | 9.1x | -34x | 0.9x |
| Sat, 21 Jun 2025 | ฿13.6b | ฿14.8b | -฿405,801,716.00 | 8.7x | -33.5x | 0.9x |
| Mon, 19 May 2025 | ฿15.3b | ฿14.8b | -฿386,500,046.00 | 9.7x | -39.5x | 1x |
| Wed, 16 Apr 2025 | ฿15.0b | ฿15.0b | -฿406,796,665.00 | 10.2x | -36.9x | 1x |
| Fri, 14 Mar 2025 | ฿16.1b | ฿15.0b | -฿270,418,509.00 | 12.9x | -59.5x | 1.1x |
| Sun, 09 Feb 2025 | ฿15.8b | ฿15.2b | -฿98,315,428.00 | 12.1x | -160.9x | 1x |
| Tue, 07 Jan 2025 | ฿18.3b | ฿15.3b | -฿266,807,551.00 | 12.7x | -68.4x | 1.2x |
| Thu, 05 Dec 2024 | ฿20.2b | ฿15.2b | -฿98,315,428.00 | 15.1x | -205.3x | 1.3x |
| Sat, 02 Nov 2024 | ฿22.3b | ฿15.6b | -฿314,425,809.00 | 20.7x | -71x | 1.4x |
| Mon, 30 Sep 2024 | ฿23.3b | ฿15.6b | -฿314,425,809.00 | 16.4x | -74.2x | 1.5x |
| Wed, 28 Aug 2024 | ฿21.7b | ฿15.8b | -฿300,812,577.00 | 16.9x | -72.2x | 1.4x |
| Fri, 26 Jul 2024 | ฿19.7b | ฿15.4b | -฿118,130,045.00 | 14.5x | -166.5x | 1.3x |
| Sun, 23 Jun 2024 | ฿21.3b | ฿15.4b | -฿118,130,045.00 | 13.5x | -180.4x | 1.4x |
| Tue, 21 May 2024 | ฿23.7b | ฿16.6b | -฿183,537,327.00 | 15.1x | -129x | 1.4x |
| Thu, 18 Apr 2024 | ฿24.6b | ฿16.3b | -฿231,785,778.00 | 21.3x | -106x | 1.5x |
| Sat, 16 Mar 2024 | ฿25.8b | ฿16.3b | -฿231,785,778.00 | 23x | -111.1x | 1.6x |
| Mon, 12 Feb 2024 | ฿26.4b | ฿16.0b | ฿158.1m | 47.7x | 167.1x | 1.6x |
| Wed, 10 Jan 2024 | ฿24.7b | ฿15.5b | ฿94.3m | 52.3x | 261.9x | 1.6x |
| Fri, 08 Dec 2023 | ฿23.7b | ฿15.5b | ฿94.3m | 52.6x | 250.9x | 1.5x |
| Sun, 05 Nov 2023 | ฿24.1b | ฿15.3b | ฿416.6m | 18.2x | 57.9x | 1.6x |
| Tue, 03 Oct 2023 | ฿26.9b | ฿15.3b | ฿416.6m | 21x | 64.5x | 1.8x |
| Thu, 31 Aug 2023 | ฿29.8b | ฿15.3b | ฿416.6m | 20x | 71.5x | 2x |
| Sat, 29 Jul 2023 | ฿28.4b | ฿15.2b | ฿722.9m | 20.8x | 39.2x | 1.9x |
| Mon, 26 Jun 2023 | ฿28.2b | ฿15.2b | ฿722.9m | 23.6x | 39x | 1.8x |
| Wed, 24 May 2023 | ฿45.4b | ฿15.9b | ฿802.3m | 28.8x | 56.6x | 2.9x |
| Fri, 21 Apr 2023 | ฿47.8b | ฿15.6b | ฿983.0m | 30.1x | 48.7x | 3.1x |
| Sun, 19 Mar 2023 | ฿50.5b | ฿15.8b | ฿983.0m | 32.1x | 51.4x | 3.2x |
Price to Earnings Ratio
51.4x
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 1.00x.
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 3.2% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Thai Industrials industry?
| TH Market | 1.64% | |
| Industrials | 3.22% | |
| Commercial Services | 6.05% | |
| Environmental and Facilities Services | 13.90% | |
| Commercial Printing | 3.88% | |
| Diversified Support Services | 1.96% | |
| Office Services and Supplies | -1.10% | |
Industry PE
- Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 9.1x.
- 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BWG Better World Green | ฿0.38 | 35.7% +฿638.1m | 35.7% | PE5.4x | |
| JPARK Jenkongklai | ฿3.18 | 6.0% +฿72.0m | -40.0% | PE15.3x | |
| CHAYO Chayo Group | ฿1.10 | 2.8% +฿35.0m | -48.8% | PS0.6x | |
| K Kingsmen C.M.T.I | ฿1.09 | 4.8% +฿25.3m | -26.8% | PE125.2x | |
| UBA Utility Business Alliance | ฿1.06 | 2.9% +฿18.0m | 12.8% | PE10.1x |