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Thai (SET) Construction Industry Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies40
  • 7D-3.4%
  • 3M-19.9%
  • 1Y-22.1%
  • YTD-24.7%

Over the last 7 days, the Construction industry has dropped 6.6%, driven by a pullback from CH. Karnchang of 6.7%. On the other hand Sriracha Construction is actually up 5.7%. Overall the industry is down 25% in 12 months. Looking forward, earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the Thai Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024฿113.0b฿221.7b-฿3,988,839,322.0013.5x-28.3x0.5x
Fri, 22 Nov 2024฿120.3b฿224.0b-฿4,458,494,842.0014.2x-27x0.5x
Sun, 20 Oct 2024฿136.1b฿260.7b-฿2,566,898,939.0017.2x-53x0.5x
Tue, 17 Sep 2024฿143.2b฿260.7b-฿2,566,898,939.0017.9x-55.8x0.5x
Thu, 15 Aug 2024฿121.7b฿254.8b฿540.0m12.6x225.4x0.5x
Sat, 13 Jul 2024฿135.6b฿255.6b฿462.2m18.4x293.4x0.5x
Mon, 10 Jun 2024฿139.1b฿255.7b฿462.2m19.9x300.9x0.5x
Wed, 08 May 2024฿149.5b฿252.2b-฿3,819,583.0019.7x-39129.7x0.6x
Fri, 05 Apr 2024฿151.3b฿252.2b-฿3,819,583.0021.2x-39605.5x0.6x
Sun, 03 Mar 2024฿156.1b฿260.4b-฿221,565,990.0022.8x-704.4x0.6x
Tue, 30 Jan 2024฿146.7b฿249.5b฿436.5m17.3x336x0.6x
Thu, 28 Dec 2023฿144.2b฿249.5b฿436.5m15.9x330.4x0.6x
Sat, 25 Nov 2023฿149.5b฿249.5b฿436.5m16.5x342.5x0.6x
Mon, 23 Oct 2023฿151.0b฿240.2b-฿743,927,412.0025.9x-202.9x0.6x
Wed, 20 Sep 2023฿177.7b฿240.2b-฿743,927,412.0026.7x-238.8x0.7x
Fri, 18 Aug 2023฿176.3b฿240.0b-฿1,004,855,390.0026.5x-175.5x0.7x
Sun, 16 Jul 2023฿174.3b฿233.4b-฿1,751,809,528.0018x-99.5x0.7x
Tue, 13 Jun 2023฿178.4b฿236.5b-฿1,347,051,674.0019.5x-132.4x0.8x
Thu, 11 May 2023฿196.5b฿229.6b-฿2,244,824,143.0024.2x-87.6x0.9x
Sat, 08 Apr 2023฿197.6b฿228.6b-฿2,414,746,143.0027.7x-81.8x0.9x
Mon, 06 Mar 2023฿215.2b฿223.5b฿342.8m28.1x627.7x1x
Wed, 01 Feb 2023฿234.6b฿221.3b฿248.2m29.9x945.3x1.1x
Fri, 30 Dec 2022฿235.3b฿221.3b฿248.2m31.4x947.9x1.1x
Sun, 27 Nov 2022฿227.3b฿221.8b฿245.4m29.4x926.1x1x
Tue, 25 Oct 2022฿237.2b฿208.1b฿19.7m30.7x12017.2x1.1x
Thu, 22 Sep 2022฿247.3b฿208.1b฿19.7m31.9x12524.9x1.2x
Sat, 20 Aug 2022฿218.3b฿208.2b฿19.1m30.4x11402.7x1x
Mon, 18 Jul 2022฿201.6b฿203.8b฿630.9m24.7x319.5x1x
Wed, 15 Jun 2022฿209.7b฿202.0b฿491.7m26.2x426.6x1x
Fri, 13 May 2022฿199.8b฿197.2b฿1.6b30.2x122.3x1x
Sun, 10 Apr 2022฿220.4b฿196.9b฿1.6b35.7x137.6x1.1x
Tue, 08 Mar 2022฿214.6b฿196.9b฿1.6b29.3x134x1.1x
Thu, 03 Feb 2022฿245.3b฿198.3b฿704.7m28x348.1x1.2x
Sat, 01 Jan 2022฿184.3b฿187.7b฿154.9m28.3x1189.6x1x
Price to Earnings Ratio

1189.6x


Total Market Cap: ฿184.3bTotal Earnings: ฿154.9mTotal Revenue: ฿187.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Construction Industry Price to Earnings3Y Average -1427.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Thai Construction industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
  • Total earnings for the Construction industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 5.7% 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-0.054%
Industrials-0.28%
Construction-3.36%
Construction and Engineering-3.36%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SRICHA Sriracha Construction฿5.258.0%
+฿120.9m
1.0%PS0.7x
TKC Turnkey Communication Services฿10.502.9%
+฿120.0m
-27.1%PE15.6x
SEAFCO Seafco฿1.975.3%
+฿80.8m
-12.6%PE25x
CAZ CAZ (Thailand)฿2.3210.5%
+฿64.7m
-31.8%PE4.3x
WGE Well Graded Engineering฿0.767.0%
+฿30.0m
-1.3%PS0.2x
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Latest News

TTCL

฿1.86

TTCL

7D

-13.1%

1Y

-49.5%

ITD

฿0.47

Italian-Thai Development

7D

-7.8%

1Y

-44.7%

PSG

฿0.47

PSG Corporation

7D

-4.1%

1Y

-29.9%

CK

฿18.70

CH. Karnchang

7D

-3.6%

1Y

-8.3%

WGE

฿0.76

Well Graded Engineering

7D

7.0%

1Y

-1.3%

SEAFCO

฿1.97

Seafco

7D

5.3%

1Y

-12.6%

TRITN

฿0.11

Triton Holding

7D

-8.3%

1Y

-15.4%

RT

฿0.39

Right Tunnelling

7D

5.4%

1Y

-49.4%

JR

฿2.20

J.R.W. Utility

7D

-11.3%

1Y

-57.7%

ETE

฿0.86

Eastern Technical Engineering

7D

3.6%

1Y

-23.2%

CAZ

฿2.32

CAZ (Thailand)

7D

10.5%

1Y

-31.8%

SRICHA

฿5.25

Sriracha Construction

7D

8.0%

1Y

1.0%

TKC

฿10.50

Turnkey Communication Services

7D

2.9%

1Y

-27.1%

PLE

฿0.34

Power Line Engineering

7D

6.3%

1Y

-26.1%

TRC

฿1.24

TRC Construction

7D

-8.8%

1Y

-68.7%

STECON

฿7.35

Stecon Group

7D

-7.0%

1Y

-12.0%