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Thai (SET) Electrical Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies15
- 7D-4.2%
- 3M-5.6%
- 1Y-8.5%
- YTD-3.0%
Over the last 7 days, the Electrical industry has dropped 4.2%, driven by a pullback from Light Up Total Solution of 9.3%. The industry has fallen 8.5% in the last year. 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | ฿20.5b | ฿31.3b | ฿1.7b | 13x | 12.1x | 0.7x |
| Tue, 19 Nov 2024 | ฿20.9b | ฿31.0b | ฿1.6b | 11.9x | 13.1x | 0.7x |
| Thu, 17 Oct 2024 | ฿21.1b | ฿30.1b | ฿1.5b | 11.9x | 13.7x | 0.7x |
| Sat, 14 Sep 2024 | ฿21.1b | ฿30.1b | ฿1.5b | 11.8x | 13.8x | 0.7x |
| Mon, 12 Aug 2024 | ฿19.5b | ฿29.1b | ฿1.5b | 12x | 12.6x | 0.7x |
| Wed, 10 Jul 2024 | ฿21.6b | ฿29.1b | ฿1.5b | 12.9x | 14.2x | 0.7x |
| Fri, 07 Jun 2024 | ฿21.3b | ฿29.1b | ฿1.5b | 12.8x | 14.1x | 0.7x |
| Sun, 05 May 2024 | ฿19.6b | ฿28.4b | ฿1.4b | 11.7x | 14.1x | 0.7x |
| Tue, 02 Apr 2024 | ฿20.0b | ฿28.4b | ฿1.4b | 12.1x | 14.4x | 0.7x |
| Thu, 29 Feb 2024 | ฿19.3b | ฿28.1b | ฿1.2b | 13.8x | 15.5x | 0.7x |
| Sat, 27 Jan 2024 | ฿19.5b | ฿27.8b | ฿1.1b | 14.6x | 17.1x | 0.7x |
| Mon, 25 Dec 2023 | ฿18.8b | ฿27.8b | ฿1.1b | 14.1x | 16.5x | 0.7x |
| Wed, 22 Nov 2023 | ฿18.7b | ฿27.8b | ฿1.1b | 14.2x | 16.4x | 0.7x |
| Fri, 20 Oct 2023 | ฿19.1b | ฿28.7b | ฿842.3m | 13.9x | 22.7x | 0.7x |
| Sun, 17 Sep 2023 | ฿21.0b | ฿28.6b | ฿840.4m | 16.9x | 25x | 0.7x |
| Tue, 15 Aug 2023 | ฿20.4b | ฿28.9b | ฿944.2m | 16.7x | 21.6x | 0.7x |
| Thu, 13 Jul 2023 | ฿16.1b | ฿23.8b | ฿641.3m | 20.2x | 25.2x | 0.7x |
| Sat, 10 Jun 2023 | ฿19.1b | ฿53.0b | ฿3.8b | 18.3x | 5.1x | 0.4x |
| Mon, 08 May 2023 | ฿50.3b | ฿53.0b | ฿3.6b | 19.7x | 14.1x | 0.9x |
| Wed, 05 Apr 2023 | ฿51.4b | ฿53.0b | ฿3.6b | 19.7x | 14.4x | 1x |
| Fri, 03 Mar 2023 | ฿51.0b | ฿52.7b | ฿3.5b | 22.8x | 14.8x | 1x |
| Sun, 29 Jan 2023 | ฿58.9b | ฿53.0b | ฿3.1b | 16.5x | 18.8x | 1.1x |
| Tue, 27 Dec 2022 | ฿48.7b | ฿53.0b | ฿3.1b | 15.8x | 15.5x | 0.9x |
| Thu, 24 Nov 2022 | ฿62.8b | ฿53.0b | ฿3.1b | 17.2x | 20x | 1.2x |
| Sat, 22 Oct 2022 | ฿61.7b | ฿52.4b | ฿3.0b | 17.3x | 20.7x | 1.2x |
| Mon, 19 Sep 2022 | ฿67.3b | ฿52.4b | ฿3.0b | 17.9x | 22.5x | 1.3x |
| Wed, 17 Aug 2022 | ฿68.7b | ฿52.4b | ฿3.0b | 17.6x | 22.7x | 1.3x |
| Fri, 15 Jul 2022 | ฿67.0b | ฿49.7b | ฿2.9b | 17.1x | 23.3x | 1.3x |
| Sun, 12 Jun 2022 | ฿75.1b | ฿49.7b | ฿2.9b | 19.7x | 26.2x | 1.5x |
| Tue, 10 May 2022 | ฿73.5b | ฿47.4b | ฿2.8b | 18.4x | 26.5x | 1.6x |
| Thu, 07 Apr 2022 | ฿74.6b | ฿47.4b | ฿2.8b | 19.7x | 26.9x | 1.6x |
| Sat, 05 Mar 2022 | ฿73.1b | ฿47.4b | ฿2.8b | 18.3x | 26.4x | 1.5x |
| Mon, 31 Jan 2022 | ฿72.5b | ฿44.8b | ฿2.8b | 22.1x | 26.2x | 1.6x |
| Wed, 29 Dec 2021 | ฿76.4b | ฿44.8b | ฿2.8b | 23.6x | 27.6x | 1.7x |
Price to Earnings Ratio
27.6x
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 12.1x which is lower than its 3-year average PE of 18.9x.
- The industry is trading close to its 3-year average PS ratio of 0.97x.
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 | -4.66% | |
| Industrials | -5.53% | |
| Electrical | -4.21% | |
| Heavy Electrical Equipment | -0.72% | |
| Electrical Components | -4.87% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 20.0x.
- Analysts expect its future annual earnings growth (21.1%) 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 11.2x.
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 | |
|---|---|---|---|---|---|
| ARROW Arrow Syndicate | ฿5.60 | 1.8% +฿25.7m | -8.2% | PE11.7x | |
| QTC QTC Energy | ฿3.76 | 0.5% +฿6.8m | -6.0% | PE14.5x |