Thai (SET) Electrical Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies14
- 7D-3.5%
- 3M-1.7%
- 1Y-17.1%
- YTD-0.3%
Over the last 7 days, the Electrical industry has dropped 2.1%, driven by Kijcharoen Engineering Electric declining 6.3%. The industry has fallen 17% in the last year.
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 |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | ฿19.1b | ฿28.4b | ฿1.4b | 11.7x | 13.8x | 0.7x |
| Wed, 20 Mar 2024 | ฿19.7b | ฿28.4b | ฿1.4b | 12.3x | 14.2x | 0.7x |
| Fri, 16 Feb 2024 | ฿19.5b | ฿28.0b | ฿1.2b | 14.8x | 16.2x | 0.7x |
| Sun, 14 Jan 2024 | ฿19.8b | ฿27.8b | ฿1.1b | 14.7x | 17.4x | 0.7x |
| Tue, 12 Dec 2023 | ฿18.7b | ฿27.8b | ฿1.1b | 14.2x | 16.4x | 0.7x |
| Thu, 09 Nov 2023 | ฿18.8b | ฿28.6b | ฿834.9m | 14.5x | 22.6x | 0.7x |
| Sat, 07 Oct 2023 | ฿19.6b | ฿28.7b | ฿842.3m | 14.6x | 23.2x | 0.7x |
| Mon, 04 Sep 2023 | ฿21.2b | ฿28.6b | ฿840.4m | 16.9x | 25.2x | 0.7x |
| Wed, 02 Aug 2023 | ฿20.7b | ฿28.9b | ฿936.1m | 16.5x | 22.2x | 0.7x |
| Fri, 30 Jun 2023 | ฿16.0b | ฿23.8b | ฿641.3m | 19x | 24.9x | 0.7x |
| Sun, 28 May 2023 | ฿49.5b | ฿53.0b | ฿3.8b | 15.8x | 13.1x | 0.9x |
| Tue, 25 Apr 2023 | ฿50.9b | ฿53.0b | ฿3.6b | 19.8x | 14.2x | 1x |
| Thu, 23 Mar 2023 | ฿50.9b | ฿53.0b | ฿3.6b | 20x | 14.2x | 1x |
| Sat, 18 Feb 2023 | ฿53.4b | ฿53.0b | ฿3.1b | 15.7x | 17x | 1x |
| Mon, 16 Jan 2023 | ฿54.2b | ฿53.0b | ฿3.1b | 16.5x | 17.3x | 1x |
| Wed, 14 Dec 2022 | ฿61.5b | ฿53.0b | ฿3.1b | 16.3x | 19.6x | 1.2x |
| Fri, 11 Nov 2022 | ฿63.4b | ฿52.8b | ฿3.1b | 16.7x | 20.7x | 1.2x |
| Sun, 09 Oct 2022 | ฿61.9b | ฿52.4b | ฿3.0b | 17x | 20.7x | 1.2x |
| Tue, 06 Sep 2022 | ฿67.0b | ฿52.4b | ฿3.0b | 18.1x | 22.5x | 1.3x |
| Thu, 04 Aug 2022 | ฿70.9b | ฿49.7b | ฿2.9b | 18.8x | 24.7x | 1.4x |
| Sat, 02 Jul 2022 | ฿69.6b | ฿49.7b | ฿2.9b | 17.9x | 24.2x | 1.4x |
| Mon, 30 May 2022 | ฿77.0b | ฿49.7b | ฿2.9b | 18.9x | 26.8x | 1.5x |
| Wed, 27 Apr 2022 | ฿73.7b | ฿47.4b | ฿2.8b | 19.4x | 26.6x | 1.6x |
| Fri, 25 Mar 2022 | ฿76.2b | ฿47.4b | ฿2.8b | 19.9x | 27.5x | 1.6x |
| Sun, 20 Feb 2022 | ฿71.6b | ฿44.6b | ฿2.7b | 21.4x | 26.5x | 1.6x |
| Tue, 18 Jan 2022 | ฿74.2b | ฿44.8b | ฿2.8b | 22.4x | 26.8x | 1.7x |
| Thu, 16 Dec 2021 | ฿77.9b | ฿44.8b | ฿2.8b | 24.3x | 28.1x | 1.7x |
| Sat, 13 Nov 2021 | ฿75.6b | ฿39.7b | ฿2.4b | 19.9x | 31x | 1.9x |
| Mon, 11 Oct 2021 | ฿83.0b | ฿39.6b | ฿2.5b | 20.3x | 33.8x | 2.1x |
| Wed, 08 Sep 2021 | ฿70.9b | ฿39.6b | ฿2.5b | 21.7x | 28.9x | 1.8x |
| Fri, 06 Aug 2021 | ฿71.4b | ฿39.6b | ฿2.5b | 26.1x | 29.1x | 1.8x |
| Mon, 10 May 2021 | ฿72.2b | ฿37.7b | ฿2.4b | 18.9x | 29.9x | 1.9x |
Price to Earnings Ratio
29.9x
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 14.0x which is lower than its 3-year average PE of 22.3x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.68x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have declined 17% per year over the last three years,
- Revenues have also declined 9.0% 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 | -4.61% | |
| Industrials | -5.03% | |
| Electrical | -3.53% | |
| Heavy Electrical Equipment | -1.97% | |
| Electrical Components | -3.89% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 23.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading close to its 3-year average of 11.8x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TRT Tirathai | ฿3.78 | 3.3% +฿37.0m | 41.0% | PE9x | |
| KUMWEL Kumwell Corporation | ฿1.84 | 2.2% +฿17.2m | -14.8% | PE22.9x |