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Thai (SET) Commercial Services Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies18
  • 7D-6.1%
  • 3M-26.4%
  • 1Y-43.2%
  • YTD-12.3%

Over the last 7 days, the Commercial Services industry has dropped 4.7%, driven by a pullback from Krungdhep Sophon of 19%. Meanwhile, Thai Nondestructive Testing actually outperformed within the industry, gaining 5.6% in the last week. However, the industry is down 43% over the past year. Looking forward, 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025฿16.6b฿15.2b-฿98,315,428.0012.1x-168.4x1.1x
Thu, 19 Dec 2024฿18.6b฿15.2b-฿98,315,428.0013x-189.6x1.2x
Sat, 16 Nov 2024฿20.4b฿15.7b-฿217,575,918.0016.4x-93.9x1.3x
Mon, 14 Oct 2024฿22.8b฿15.6b-฿314,425,809.0017.8x-72.6x1.5x
Wed, 11 Sep 2024฿22.5b฿15.6b-฿314,425,809.0017x-71.4x1.4x
Fri, 09 Aug 2024฿19.4b฿15.6b-฿101,008,813.0014.4x-192.2x1.2x
Sun, 07 Jul 2024฿22.3b฿15.4b-฿118,130,045.0014.5x-188.9x1.4x
Tue, 04 Jun 2024฿22.3b฿15.3b-฿17,287,373.0014.3x-1292x1.5x
Thu, 02 May 2024฿24.2b฿16.3b-฿231,785,778.0021.1x-104.2x1.5x
Sat, 30 Mar 2024฿25.0b฿16.3b-฿231,785,778.0021.3x-107.9x1.5x
Mon, 26 Feb 2024฿26.7b฿16.2b฿143.7m36.3x185.5x1.6x
Wed, 24 Jan 2024฿25.6b฿16.0b฿158.1m48.5x162.2x1.6x
Fri, 22 Dec 2023฿24.0b฿15.5b฿94.3m51.3x254.3x1.6x
Sun, 19 Nov 2023฿23.6b฿15.4b฿93.5m54.6x252.8x1.5x
Tue, 17 Oct 2023฿26.1b฿15.3b฿416.6m19.4x62.6x1.7x
Thu, 14 Sep 2023฿28.6b฿15.3b฿416.6m19.5x68.6x1.9x
Sat, 12 Aug 2023฿28.2b฿15.4b฿755.7m20.5x37.3x1.8x
Mon, 10 Jul 2023฿27.8b฿15.2b฿722.9m22.3x38.5x1.8x
Wed, 07 Jun 2023฿40.2b฿15.2b฿722.9m30.6x55.6x2.6x
Fri, 05 May 2023฿46.0b฿15.6b฿983.0m30.7x46.8x3x
Sun, 02 Apr 2023฿50.6b฿15.8b฿983.0m30.9x51.5x3.2x
Tue, 28 Feb 2023฿53.8b฿15.5b฿1.0b30.7x51.5x3.5x
Thu, 26 Jan 2023฿47.3b฿13.5b฿927.6m27.9x51x3.5x
Sat, 24 Dec 2022฿41.7b฿13.5b฿927.6m25.9x45x3.1x
Mon, 21 Nov 2022฿43.4b฿15.0b฿1.0b22.6x43x2.9x
Wed, 19 Oct 2022฿43.7b฿14.2b฿1.0b30.2x43x3.1x
Fri, 16 Sep 2022฿46.3b฿14.2b฿1.0b32x45.5x3.3x
Sun, 14 Aug 2022฿46.7b฿13.6b฿921.0m51.2x50.7x3.4x
Tue, 12 Jul 2022฿46.4b฿13.8b฿859.5m47.4x54x3.4x
Thu, 09 Jun 2022฿49.8b฿13.8b฿859.5m57.8x58x3.6x
Sat, 07 May 2022฿51.0b฿13.9b฿849.6m44.9x60.1x3.7x
Mon, 04 Apr 2022฿54.1b฿13.9b฿849.6m45.6x63.7x3.9x
Wed, 02 Mar 2022฿53.3b฿13.9b฿1.1b20.2x48.3x3.8x
Fri, 28 Jan 2022฿54.8b฿14.3b฿879.6m21.2x62.3x3.8x
Price to Earnings Ratio

62.3x


Total Market Cap: ฿54.8bTotal Earnings: ฿879.6mTotal Revenue: ฿14.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Commercial Services Industry Price to Earnings3Y Average -5.6x202320242025
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 2.4x is higher than the industry's current PS ratio of 1.1x.
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 2.1% 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 Market-1.08%
Industrials-1.19%
Commercial Services-6.12%
Security and Alarm Services0%0
Environmental and Facilities Services-4.01%
Office Services and Supplies-4.71%
Commercial Printing-4.80%
Diversified Support Services-9.33%
Industry PE
  • Investors are most optimistic about the Environmental and Facilities Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 2.4%, which is lower than the prior year's growth of 142.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commercial Printing industry, expecting annual earnings growth of 148% over the next 5 years.
  • This is better than its past earnings decline of 39% per year.
  • In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 2.4% 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
AKP Akkhie Prakarn฿0.601.7%
+฿4.0m
-40.6%PE6x
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Latest News

PEER

฿0.22

Peer For You

7D

-8.3%

1Y

-72.5%

KWC

฿283.00

Krungdhep Sophon

7D

-18.7%

1Y

n/a

SFT

฿2.06

Shrinkflex (Thailand)

7D

-8.8%

1Y

-48.2%

DTCI

฿33.50

D.T.C. Industries

7D

-8.2%

1Y

18.6%

JPARK

฿6.00

Jenkongklai

7D

-0.8%

1Y

-9.8%

ROCK

฿10.40

Rockworth

7D

-5.5%

1Y

23.8%

TKS

฿5.55

T.K.S. Technologies

7D

-0.9%

1Y

-17.8%

AKP

฿0.60

Akkhie Prakarn

7D

1.7%

1Y

-40.6%

BWG

฿0.31

Better World Green

7D

-3.1%

1Y

-40.4%