Have your own idea? Try our Stock Screener
Thai (SET) Electrical Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies15
- 7D0.3%
- 3M5.9%
- 1Y-3.4%
- YTD-1.2%
Last week, the Electrical industry hasn't moved much but Light Up Total Solution is up 6.7% in that time. Unfortunately though, the industry is down 3.4% over the past 12 months. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Thai Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ฿20.8b | ฿31.3b | ฿1.7b | 13.4x | 12.3x | 0.7x |
| Sat, 19 Oct 2024 | ฿20.9b | ฿30.1b | ฿1.5b | 11.8x | 13.6x | 0.7x |
| Mon, 16 Sep 2024 | ฿21.1b | ฿30.1b | ฿1.5b | 11.8x | 13.8x | 0.7x |
| Wed, 14 Aug 2024 | ฿19.4b | ฿29.1b | ฿1.5b | 11.9x | 12.6x | 0.7x |
| Fri, 12 Jul 2024 | ฿21.7b | ฿29.1b | ฿1.5b | 12.9x | 14.3x | 0.7x |
| Sun, 09 Jun 2024 | ฿21.3b | ฿29.1b | ฿1.5b | 12.8x | 14.1x | 0.7x |
| Tue, 07 May 2024 | ฿19.6b | ฿28.4b | ฿1.4b | 11.7x | 14.1x | 0.7x |
| Thu, 04 Apr 2024 | ฿19.8b | ฿28.4b | ฿1.4b | 12.2x | 14.3x | 0.7x |
| Sat, 02 Mar 2024 | ฿19.3b | ฿28.4b | ฿1.3b | 12x | 14.5x | 0.7x |
| Mon, 29 Jan 2024 | ฿19.5b | ฿27.8b | ฿1.1b | 14.6x | 17.1x | 0.7x |
| Wed, 27 Dec 2023 | ฿18.8b | ฿27.8b | ฿1.1b | 14x | 16.5x | 0.7x |
| Fri, 24 Nov 2023 | ฿18.9b | ฿27.8b | ฿1.1b | 14.2x | 16.6x | 0.7x |
| Sun, 22 Oct 2023 | ฿18.8b | ฿28.7b | ฿842.3m | 14.3x | 22.3x | 0.7x |
| Tue, 19 Sep 2023 | ฿20.9b | ฿28.6b | ฿840.4m | 16.9x | 24.9x | 0.7x |
| Thu, 17 Aug 2023 | ฿20.0b | ฿28.6b | ฿839.2m | 14.7x | 23.8x | 0.7x |
| Sat, 15 Jul 2023 | ฿16.3b | ฿23.8b | ฿641.3m | 20.3x | 25.5x | 0.7x |
| Mon, 12 Jun 2023 | ฿19.1b | ฿53.0b | ฿3.8b | 18.3x | 5.1x | 0.4x |
| Wed, 10 May 2023 | ฿50.1b | ฿53.0b | ฿3.6b | 19.9x | 14x | 0.9x |
| Fri, 07 Apr 2023 | ฿51.3b | ฿53.0b | ฿3.6b | 19.7x | 14.3x | 1x |
| Sun, 05 Mar 2023 | ฿51.5b | ฿52.7b | ฿3.5b | 25.8x | 14.9x | 1x |
| Tue, 31 Jan 2023 | ฿58.9b | ฿53.0b | ฿3.1b | 16.6x | 18.8x | 1.1x |
| Thu, 29 Dec 2022 | ฿50.5b | ฿53.0b | ฿3.1b | 16.3x | 16.1x | 1x |
| Sat, 26 Nov 2022 | ฿62.6b | ฿53.0b | ฿3.1b | 17.2x | 19.9x | 1.2x |
| Mon, 24 Oct 2022 | ฿61.7b | ฿52.4b | ฿3.0b | 17.3x | 20.7x | 1.2x |
| Wed, 21 Sep 2022 | ฿66.8b | ฿52.4b | ฿3.0b | 17.8x | 22.4x | 1.3x |
| Fri, 19 Aug 2022 | ฿68.6b | ฿52.2b | ฿3.0b | 19.3x | 23.2x | 1.3x |
| Sun, 17 Jul 2022 | ฿66.0b | ฿49.7b | ฿2.9b | 17.8x | 23x | 1.3x |
| Tue, 14 Jun 2022 | ฿72.9b | ฿49.7b | ฿2.9b | 18.8x | 25.4x | 1.5x |
| Thu, 12 May 2022 | ฿73.3b | ฿47.4b | ฿2.8b | 18.2x | 26.4x | 1.5x |
| Sat, 09 Apr 2022 | ฿73.6b | ฿47.4b | ฿2.8b | 19.3x | 26.6x | 1.6x |
| Mon, 07 Mar 2022 | ฿73.1b | ฿47.4b | ฿2.8b | 18.3x | 26.4x | 1.5x |
| Wed, 02 Feb 2022 | ฿73.6b | ฿44.8b | ฿2.8b | 22.3x | 26.5x | 1.6x |
| Fri, 31 Dec 2021 | ฿75.7b | ฿44.8b | ฿2.8b | 23.5x | 27.3x | 1.7x |
| Sun, 28 Nov 2021 | ฿77.4b | ฿44.8b | ฿2.8b | 24.3x | 27.9x | 1.7x |
Price to Earnings Ratio
27.9x
Current Industry PE
- Investors are pessimistic on the Thai Electrical 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 12.3x which is lower than its 3-year average PE of 19.3x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have declined 15% per year over the last three years,
- Revenues have also declined 11% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Thai Industrials industry?
| TH Market | 0.77% | |
| Industrials | -0.36% | |
| Electrical | 0.30% | |
| Electrical Components | 0.78% | |
| Heavy Electrical Equipment | -2.07% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 20.4x.
- Analysts expect its future annual earnings growth (20.9%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading below its 3-year average of 11.3x.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 21% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| TRT Tirathai | ฿4.14 | 13.7% +฿154.0m | 86.5% | PE3.8x | |
| LTS Light Up Total Solution | ฿12.60 | 2.4% +฿62.0m | n/a | PE43.9x | |
| L&E Lighting and Equipment | ฿1.26 | 7.7% +฿44.3m | -9.4% | PS0.2x | |
| ASEFA Asefa | ฿3.24 | 1.9% +฿31.8m | -12.4% | PE20.6x | |
| ARROW Arrow Syndicate | ฿5.80 | 1.8% +฿25.7m | -6.5% | PE12.1x |