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Thai (SET) Infrastructure Industry Analysis

UpdatedMay 26, 2024
DataAggregated Company Financials
Companies8
  • 7D-2.1%
  • 3M1.5%
  • 1Y-6.5%
  • YTD4.1%

Over the last 7 days, the Infrastructure industry has dropped 2.1%, driven by a pullback from Airports of Thailand of 2.6%. The industry has fallen 6.5% in the last year. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Thu, 03 Aug 2023฿1.2t฿52.4b฿1.9b16.1x630.2x22.9x
Sat, 01 Jul 2023฿1.2t฿52.4b฿1.9b15.7x629.8x22.9x
Mon, 29 May 2023฿1.2t฿52.4b฿1.9b27.4x612.6x22.3x
Wed, 26 Apr 2023฿1.2t฿45.7b-฿3,316,942,701.0038x-366x26.6x
Fri, 24 Mar 2023฿1.2t฿45.7b-฿3,316,942,701.0019.4x-361.9x26.3x
Sun, 19 Feb 2023฿1.2t฿37.2b-฿8,354,772,252.0023x-145.8x32.8x
Tue, 17 Jan 2023฿1.2t฿37.2b-฿8,354,772,252.0024x-147.7x33.2x
Thu, 15 Dec 2022฿1.2t฿37.2b-฿8,354,772,252.0022x-149.2x33.5x
Sat, 12 Nov 2022฿1.3t฿30.1b-฿13,279,692,820.0024.4x-95.3x42.1x
Mon, 10 Oct 2022฿1.2t฿30.1b-฿13,279,692,820.0025x-91.6x40.4x
Wed, 07 Sep 2022฿1.2t฿30.1b-฿13,279,692,820.0026.8x-90.7x40x
Fri, 05 Aug 2022฿1.2t฿25.8b-฿15,735,045,624.0031.2x-75.7x46.1x
Sun, 03 Jul 2022฿1.2t฿25.8b-฿15,735,045,624.0032.7x-75.1x45.7x
Tue, 31 May 2022฿1.2t฿25.8b-฿15,735,045,624.0036.1x-74.5x45.3x
Thu, 28 Apr 2022฿1.1t฿24.3b-฿16,122,295,101.0031x-70.6x47x
Sat, 26 Mar 2022฿1.1t฿24.3b-฿16,122,295,101.0031.3x-68x45.2x
Mon, 21 Feb 2022฿1.1t฿24.8b-฿15,751,724,790.0027.6x-70.6x44.7x
Wed, 19 Jan 2022฿1.0t฿24.6b-฿14,922,041,336.0027.4x-69.5x42.1x
Fri, 17 Dec 2021฿1.0t฿24.6b-฿14,922,041,336.0028.1x-69.3x42x
Sun, 14 Nov 2021฿1.1t฿25.3b-฿13,503,939,486.0029.3x-83.8x44.7x
Tue, 12 Oct 2021฿1.1t฿26.4b-฿12,608,504,486.0027.5x-87.1x41.6x
Thu, 09 Sep 2021฿1.1t฿26.4b-฿12,608,504,486.0028.9x-83.4x39.8x
Sat, 07 Aug 2021฿952.6b฿26.4b-฿12,608,504,486.0024.9x-75.6x36.1x
Price to Earnings Ratio

-91.9x


Total Market Cap: ฿1.1tTotal Earnings: -฿11,601,581,149.00Total Revenue: ฿25.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Infrastructure Industry Price to Earnings3Y Average -6.7x202220232024
Current Industry PE
  • Investors are optimistic on the Thai Infrastructure industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 44.6x which is higher than its 3-year average PE of -6.8x.
  • The 3-year average PS ratio of 31.7x is higher than the industry's current PS ratio of 11.9x.
Past Earnings Growth
  • Total earnings for the Infrastructure industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 53% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

TH Market-1.32%
Industrials-1.51%
Infrastructure-2.14%
Highways and Railtracks0.85%
Marine Ports and Services-0.10%
Airport Services-2.57%
Industry PE
  • Investors are most optimistic about the Airport Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 23.2%, which is lower than the prior year's growth of 941.0% per year.
  • Investors are most pessimistic about the Marine Ports and Services industry, which is trading below its 3-year average of 23.5x.
Forecasted Growth
  • Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 23% over the next 5 years.
  • In contrast, the Marine Ports and Services industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BEM Bangkok Expressway and Metro฿8.101.3%
+฿1.3b
0.6%PE34.3x
SAV Samart Aviation Solutions฿22.100.9%
+฿128.0m
n/aPE5.4x
PORT Sahathai Terminal฿2.023.6%
+฿42.5m
43.3%PE137.8x
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Latest News

AOT

฿65.25

Airports of Thailand

7D

-2.6%

1Y

-6.8%

BEM

฿8.10

Bangkok Expressway and Metro

7D

1.3%

1Y

0.6%

DMT

฿12.10

Don Muang Tollway

7D

-2.4%

1Y

-4.7%

PORT

฿2.02

Sahathai Terminal

7D

3.6%

1Y

43.3%

SAV

฿22.10

Samart Aviation Solutions

7D

0.9%

1Y

n/a

BAFS

฿21.70

Bangkok Aviation Fuel Services

7D

-3.1%

1Y

-31.7%

NYT

฿3.96

Namyong Terminal

7D

-1.0%

1Y

1.5%