Thai (SET) Infrastructure Industry Analysis
UpdatedMay 22, 2022
DataAggregated Company Financials
Companies7
- 7D3.5%
- 3M4.2%
- 1Y13.1%
- YTD10.2%
In the last week, the Infrastructure industry is up 3.5%, with all of the companies up. This takes the industry's 12 month performance to a gain of 13%. Looking forward, earnings are forecast to grow by 65% annually.
Industry Valuation and Performance
Has the Thai Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 22 May 2022 | ฿1.2t | ฿25.7b | -฿15,735,042,624.00 | 31.2x |
| Tue, 19 Apr 2022 | ฿1.1t | ฿24.3b | -฿16,122,295,101.00 | 30.7x |
| Thu, 17 Mar 2022 | ฿1.1t | ฿24.3b | -฿16,122,295,101.00 | 31.8x |
| Sat, 12 Feb 2022 | ฿1.1t | ฿24.8b | -฿15,751,724,790.00 | 26.9x |
| Mon, 10 Jan 2022 | ฿1.0t | ฿24.6b | -฿14,922,041,336.00 | 27.6x |
| Wed, 08 Dec 2021 | ฿1.0t | ฿24.6b | -฿14,922,041,336.00 | 28.3x |
| Fri, 05 Nov 2021 | ฿1.1t | ฿26.4b | -฿12,608,504,486.00 | 25.8x |
| Sun, 03 Oct 2021 | ฿1.1t | ฿26.4b | -฿12,608,504,486.00 | 27x |
| Tue, 31 Aug 2021 | ฿1.1t | ฿26.4b | -฿12,608,504,486.00 | 29.1x |
| Wed, 07 Jul 2021 | ฿1.1t | ฿26.4b | -฿12,608,504,486.00 | 24.2x |
| Sat, 10 Apr 2021 | ฿1.1t | ฿24.1b | -฿12,295,455,602.00 | 32.3x |
| Fri, 01 Jan 2021 | ฿1.0t | ฿35.5b | -฿4,549,618,057.00 | 29.3x |
| Mon, 05 Oct 2020 | ฿956.4b | ฿50.7b | ฿6.5b | 43.8x |
| Thu, 09 Jul 2020 | ฿1.0t | ฿65.2b | ฿15.9b | 43.4x |
| Wed, 01 Apr 2020 | ฿859.8b | ฿81.2b | ฿28.2b | 16.1x |
| Sat, 04 Jan 2020 | ฿1.3t | ฿86.9b | ฿32.8b | 20.3x |
| Tue, 08 Oct 2019 | ฿1.3t | ฿86.0b | ฿31.9b | 21.9x |
| Mon, 01 Jul 2019 | ฿1.3t | ฿85.6b | ฿34.3b | 22.4x |
Median PE Ratio
20.4x
Current Industry PE
- Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 28.4x.
Past Earnings Growth
- Total earnings for the Infrastructure industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 33% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Thai Industrials industry?
| TH Market | 2.52% | |
| Industrials | 4.12% | |
| Infrastructure | 3.53% | |
| Highways and Railtracks | 7.43% | |
| Airport Services | 3.00% | |
| Marine Ports and Services | 1.86% | |
Industry PE
- Investors are most optimistic about the Highways and Railtracks industry which is trading above its 3-year average PE ratio of 49.9x.
- Analysts are expecting annual earnings growth of 36%, which is higher than its past year's earnings decline of 43% per year.
- Investors are most pessimistic about the Marine Ports and Services industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 20.4x.
Forecasted Growth
- Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 70% over the next 5 years.
- In contrast, the Marine Ports and Services industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| AOT Airports of Thailand | ฿69.00 | 3.0% +฿28.6b | 13.6% | PS112.6x | |
| BEM Bangkok Expressway and Metro | ฿8.80 | 8.0% +฿9.9b | 15.0% | PS129.2x | |
| BAFS Bangkok Aviation Fuel Services | ฿28.25 | 3.7% +฿637.5m | 11.9% | PS10.1x | |
| DMT Don Muang Tollway | ฿10.70 | 1.9% +฿236.2m | -20.1% | PS31.2x | |
| NYT Namyong Terminal | ฿4.50 | 1.8% +฿99.2m | 10.3% | PS23x |