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Thai (SET) Infrastructure Industry Analysis

UpdatedAug 28, 2026
DataAggregated Company Financials
Companies8
  • 7D-2.6%
  • 3M18.9%
  • 1Y68.5%
  • YTD20.3%

Over the last 7 days, the Infrastructure industry has dropped 2.6%, driven by Airports of Thailand declining 2.6%. In the past year, the industry has gained 68%. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 29 Aug 2026฿1.1t฿95.2b฿24.6b27.8x43.5x11.2x
Mon, 27 Jul 2026฿1.0t฿95.8b฿23.9b26.5x43.6x10.9x
Wed, 24 Jun 2026฿950.2b฿95.9b฿23.9b23.7x39.8x9.9x
Fri, 22 May 2026฿861.6b฿95.9b฿23.9b20.4x36.1x9x
Sun, 19 Apr 2026฿894.8b฿95.3b฿23.2b17.1x38.6x9.4x
Tue, 17 Mar 2026฿810.2b฿95.3b฿23.2b17.2x35x8.5x
Thu, 12 Feb 2026฿917.9b฿95.7b฿23.8b17.8x38.5x9.6x
Sat, 10 Jan 2026฿847.2b฿95.7b฿23.8b17.6x35.5x8.9x
Mon, 08 Dec 2025฿867.5b฿95.7b฿23.8b17.3x36.4x9.1x
Wed, 05 Nov 2025฿682.0b฿96.8b฿24.3b17.8x28.1x7x
Fri, 03 Oct 2025฿705.8b฿96.8b฿24.3b17.9x29.1x7.3x
Sun, 31 Aug 2025฿622.9b฿96.8b฿24.3b17.9x25.7x6.4x
Tue, 29 Jul 2025฿709.3b฿97.4b฿24.9b17.9x28.5x7.3x
Thu, 26 Jun 2025฿558.8b฿97.4b฿24.9b16.7x22.4x5.7x
Sat, 24 May 2025฿604.6b฿97.4b฿24.9b21.5x24.3x6.2x
Mon, 21 Apr 2025฿664.5b฿97.4b฿25.6b23.9x26x6.8x
Wed, 19 Mar 2025฿677.5b฿97.4b฿25.6b21.5x26.5x7x
Fri, 14 Feb 2025฿910.5b฿95.5b฿24.8b27.5x36.7x9.5x
Sun, 12 Jan 2025฿973.6b฿95.5b฿24.8b29.3x39.2x10.2x
Tue, 10 Dec 2024฿1.0t฿95.5b฿24.8b31.4x40.9x10.6x
Thu, 07 Nov 2024฿1.0t฿94.1b฿24.1b29.2x43.3x11.1x
Sat, 05 Oct 2024฿1.1t฿94.1b฿24.1b33.2x44.9x11.5x
Mon, 02 Sep 2024฿1.0t฿94.1b฿24.1b31.2x41.9x10.7x
Wed, 31 Jul 2024฿972.5b฿90.2b฿22.5b32.7x43.2x10.8x
Fri, 28 Jun 2024฿994.2b฿90.2b฿22.5b32.3x44.2x11x
Sun, 26 May 2024฿1.1t฿92.8b฿24.7b14.3x44.6x11.9x
Tue, 23 Apr 2024฿1.1t฿82.6b฿18.3b24.5x58.5x13x
Thu, 21 Mar 2024฿1.1t฿82.6b฿18.3b24.8x60.6x13.4x
Sat, 17 Feb 2024฿1.1t฿81.6b฿18.0b36.3x59.4x13.1x
Mon, 15 Jan 2024฿1.1t฿74.7b฿13.8b37.5x77.7x14.3x
Wed, 13 Dec 2023฿1.0t฿74.7b฿13.8b32.9x73.9x13.6x
Fri, 10 Nov 2023฿1.2t฿65.1b฿8.7b26.4x132.2x17.8x
Sun, 08 Oct 2023฿1.2t฿65.1b฿8.7b27.3x132.1x17.7x
Tue, 05 Sep 2023฿1.2t฿63.6b฿8.4b22.1x143.1x18.9x
Price to Earnings Ratio

143.1x


Total Market Cap: ฿1.2tTotal Earnings: ฿8.4bTotal Revenue: ฿63.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Infrastructure Industry Price to Earnings3Y Average 48.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Infrastructure 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 43.5x which is lower than its 3-year average PE of 48.8x.
  • The industry is trading close to its 3-year average PS ratio of 10.5x.
Past Earnings Growth
  • The earnings for companies in the Infrastructure industry have grown 43% per year over the last three years.
  • Revenues for these companies have grown 14% 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?

TH Market-0.58%
Industrials-1.22%
Infrastructure-2.58%
Marine Ports and Services-0.75%
Airport Services-2.58%
Highways and Railtracks-2.72%
Industry PE
  • Investors are most optimistic about the Airport Services industry even though it's trading below its 3-year average PE ratio of 63.4x.
    • Analysts are expecting annual earnings growth of 26.7%, which is higher than its past year's earnings growth of 2.6% per year.
  • Investors are most pessimistic about the Marine Ports and Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.2x.
Forecasted Growth
  • Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 2.6% per year.
  • In contrast, the Highways and Railtracks industry is expected to see its earnings grow by 6.0% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SAV Samart Aviation Solutions฿11.200.9%
+฿63.8m
-8.2%PE13.3x

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