Thai (SET) Electrical Industry Analysis

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
Sat, 28 Jan 2023	฿58.9b	฿53.0b	฿3.1b	16.5x	18.8x	1.1x
Mon, 26 Dec 2022	฿48.7b	฿53.0b	฿3.1b	15.8x	15.5x	0.9x
Wed, 23 Nov 2022	฿62.5b	฿52.9b	฿3.1b	18x	20.1x	1.2x
Fri, 21 Oct 2022	฿65.1b	฿52.4b	฿3.0b	17.7x	21.8x	1.2x
Sun, 18 Sep 2022	฿67.3b	฿52.4b	฿3.0b	17.9x	22.5x	1.3x
Tue, 16 Aug 2022	฿69.6b	฿52.4b	฿3.0b	17.5x	23x	1.3x
Thu, 14 Jul 2022	฿66.9b	฿49.7b	฿2.9b	17.4x	23.3x	1.3x
Sat, 11 Jun 2022	฿75.1b	฿49.7b	฿2.9b	19.7x	26.2x	1.5x
Mon, 09 May 2022	฿74.9b	฿47.4b	฿2.8b	18.8x	27x	1.6x
Wed, 06 Apr 2022	฿74.6b	฿47.4b	฿2.8b	19.7x	26.9x	1.6x
Fri, 04 Mar 2022	฿74.5b	฿47.4b	฿2.8b	18.5x	27x	1.6x
Sun, 30 Jan 2022	฿72.4b	฿44.8b	฿2.8b	22.1x	26.1x	1.6x
Tue, 28 Dec 2021	฿76.3b	฿44.8b	฿2.8b	23.7x	27.6x	1.7x
Thu, 25 Nov 2021	฿76.3b	฿44.8b	฿2.8b	23.6x	27.5x	1.7x
Sat, 23 Oct 2021	฿73.6b	฿39.6b	฿2.5b	19.9x	30x	1.9x
Mon, 20 Sep 2021	฿72.0b	฿39.6b	฿2.5b	21.7x	29.3x	1.8x
Wed, 18 Aug 2021	฿71.8b	฿39.6b	฿2.5b	20.8x	29.2x	1.8x
Wed, 02 Jun 2021	฿67.3b	฿37.7b	฿2.4b	18x	27.9x	1.8x
Sat, 06 Mar 2021	฿65.7b	฿36.0b	฿2.2b	18x	29.8x	1.8x
Tue, 08 Dec 2020	฿56.8b	฿33.8b	฿2.0b	12.3x	27.8x	1.7x
Mon, 31 Aug 2020	฿61.1b	฿32.2b	฿1.3b	11.6x	45.4x	1.9x
Thu, 04 Jun 2020	฿59.6b	฿31.5b	฿684.1m	13.1x	87.1x	1.9x
Sun, 08 Mar 2020	฿59.9b	฿31.8b	฿628.0m	11.4x	95.3x	1.9x

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 19.0x which is lower than its 3-year average PE of 37.0x.

The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.1x.

Past Earnings Growth

The earnings for companies in the Electrical industry have grown 71% per year over the last three years.
Revenues for these companies have grown 19% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Thai Industrials industry?

Industry PE

Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 37.0x.

Analysts expect its future annual earnings growth (20.5%) to be largely in line with prior year's earnings growth.

Investors are most pessimistic about the Electrical Components industry, which is trading below its 3-year average of 37.0x.

Forecasted Growth

Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 20% 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 20% 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
KJL Kijcharoen Engineering Electric	฿16.30	10.1% +฿174.0m	n/a	PE15.2x
TMI Teera-Mongkol Industry	฿1.73	2.4% +฿26.9m	64.8%	PE46x
AKR Ekarat Engineering	฿0.99	1.0% +฿14.7m	-4.8%	PE11.9x
SOLAR Solartron	฿0.89	1.1% +฿10.9m	-23.9%	PS3.6x
TRT Tirathai	฿2.92	0.7% +฿6.2m	-7.0%	PS0.5x

Nov 23

Industry Valuation and Performance