Thai (SET) Commercial Services Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies17
- 7D-6.6%
- 3M-16.3%
- 1Y-40.2%
- YTD-29.3%
The Commercial Services industry is down 9.2% over the last week with T.K.S. Technologies the worst performer, down 11%. The industry has fallen 37% in the last year. Earnings are forecast to grow by 20% 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 |
|---|---|---|---|---|---|---|
| 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 |
| Tue, 14 Feb 2023 | ฿50.4b | ฿13.5b | ฿927.6m | 28.6x | 54.3x | 3.7x |
| Thu, 12 Jan 2023 | ฿44.0b | ฿13.5b | ฿927.6m | 27.5x | 47.5x | 3.3x |
| Sat, 10 Dec 2022 | ฿41.2b | ฿13.5b | ฿927.6m | 26.3x | 44.5x | 3.1x |
| Mon, 07 Nov 2022 | ฿44.9b | ฿14.2b | ฿1.0b | 28.6x | 44.1x | 3.2x |
| Wed, 05 Oct 2022 | ฿44.2b | ฿14.2b | ฿1.0b | 30.9x | 43.4x | 3.1x |
| Fri, 02 Sep 2022 | ฿45.6b | ฿14.2b | ฿1.0b | 29.9x | 44.8x | 3.2x |
| Sun, 31 Jul 2022 | ฿48.2b | ฿13.8b | ฿859.5m | 50.3x | 56.1x | 3.5x |
| Tue, 28 Jun 2022 | ฿48.8b | ฿13.8b | ฿859.5m | 54x | 56.8x | 3.5x |
| Thu, 26 May 2022 | ฿50.3b | ฿13.8b | ฿859.6m | 58.5x | 58.5x | 3.6x |
| Sat, 23 Apr 2022 | ฿53.8b | ฿13.9b | ฿849.6m | 44.9x | 63.4x | 3.9x |
| Mon, 21 Mar 2022 | ฿53.0b | ฿13.9b | ฿849.6m | 45.2x | 62.4x | 3.8x |
| Wed, 16 Feb 2022 | ฿54.2b | ฿14.3b | ฿879.6m | 20.5x | 61.6x | 3.8x |
| Fri, 14 Jan 2022 | ฿61.4b | ฿14.3b | ฿879.6m | 21x | 69.8x | 4.3x |
| Sun, 12 Dec 2021 | ฿49.8b | ฿14.3b | ฿879.6m | 21.7x | 56.6x | 3.5x |
| Tue, 09 Nov 2021 | ฿41.4b | ฿14.5b | ฿422.6m | 24.2x | 98x | 2.9x |
| Thu, 07 Oct 2021 | ฿40.8b | ฿14.5b | ฿422.6m | 25.4x | 96.5x | 2.8x |
| Sat, 04 Sep 2021 | ฿42.3b | ฿14.7b | ฿449.2m | 26.5x | 94.3x | 2.9x |
| Mon, 02 Aug 2021 | ฿36.9b | ฿14.7b | ฿449.2m | 26.1x | 82.2x | 2.5x |
Price to Earnings Ratio
82.2x
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 2.7x is higher than the industry's current PS ratio of 1.3x.
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 remained mostly flat.
- This means that although sales have remained flat, 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 Market | -2.56% | |
| Industrials | -2.18% | |
| Commercial Services | -6.61% | |
| Security and Alarm Services | 0% | |
| Commercial Printing | -3.85% | |
| Office Services and Supplies | -5.18% | |
| Environmental and Facilities Services | -7.89% | |
| Diversified Support Services | -8.73% | |
Industry PE
- Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio.
- 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 29% over the next 5 years.
- This is better than its past earnings decline of 1.7% per year.
- In contrast, the Commercial Printing industry is expected to see its earnings grow by 9.9% 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 | |
|---|---|---|---|---|---|
| JPARK Jenkongklai | ฿6.55 | 6.5% +฿160.0m | n/a | PE34.1x | |
| TKS T.K.S. Technologies | ฿7.15 | 0.7% +฿24.8m | -16.9% | PE11.9x | |
| KWC Krungdhep Sophon | ฿269.00 | 0.7% +฿12.0m | 12.1% | PE16.2x | |
| K Kingsmen C.M.T.I | ฿1.15 | 0.9% +฿5.5m | 23.7% | PE14.7x |