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Thai (SET) Infrastructure Industry Analysis

UpdatedFeb 07, 2025
DataAggregated Company Financials
Companies8
  • 7D-1.6%
  • 3M-9.9%
  • 1Y-13.8%
  • YTD-7.0%

Over the last 7 days, the Infrastructure industry has remained flat, although notably Bangkok Expressway and Metro declined by 5.7%. Unfortunately though, the industry is down 14% over the past 12 months. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Feb 2025฿927.8b฿95.5b฿24.8b26.2x37.4x9.7x
Sun, 05 Jan 2025฿990.9b฿95.5b฿24.8b30.1x39.9x10.4x
Tue, 03 Dec 2024฿1.0t฿95.5b฿24.8b31.7x41.6x10.8x
Thu, 31 Oct 2024฿1.0t฿94.1b฿24.1b28.7x43.2x11.1x
Sat, 28 Sep 2024฿1.1t฿94.1b฿24.1b32.8x44.8x11.5x
Mon, 26 Aug 2024฿1.0t฿94.1b฿24.1b31x42x10.7x
Wed, 24 Jul 2024฿985.8b฿90.2b฿22.5b32.9x43.8x10.9x
Fri, 21 Jun 2024฿1.0t฿90.2b฿22.5b33x45.9x11.4x
Sun, 19 May 2024฿1.1t฿92.7b฿24.7b14.6x45.7x12.2x
Tue, 16 Apr 2024฿1.1t฿82.6b฿18.3b25.2x61.7x13.7x
Thu, 14 Mar 2024฿1.1t฿82.6b฿18.3b25x61x13.5x
Sat, 10 Feb 2024฿1.1t฿74.7b฿13.8b35.1x78.6x14.5x
Mon, 08 Jan 2024฿1.1t฿74.7b฿13.8b38.2x78.4x14.5x
Wed, 06 Dec 2023฿1.0t฿74.7b฿13.8b34.4x74.4x13.7x
Fri, 03 Nov 2023฿1.1t฿65.1b฿8.7b26.7x131.3x17.6x
Sun, 01 Oct 2023฿1.2t฿63.7b฿8.5b15.3x138.5x18.4x
Tue, 29 Aug 2023฿1.2t฿61.2b฿7.6b15.9x158.6x19.7x
Thu, 27 Jul 2023฿1.2t฿52.4b฿1.9b17.7x626.1x22.8x
Sat, 24 Jun 2023฿1.2t฿52.4b฿1.9b16.2x624.7x22.7x
Mon, 22 May 2023฿1.2t฿55.0b฿2.5b29x465.1x21.3x
Wed, 19 Apr 2023฿1.2t฿45.7b-฿3,316,942,701.0038.5x-368.5x26.8x
Fri, 17 Mar 2023฿1.2t฿45.7b-฿3,316,942,701.0018.7x-357.3x25.9x
Sun, 12 Feb 2023฿1.2t฿37.2b-฿8,354,772,252.0024.4x-147.6x33.2x
Tue, 10 Jan 2023฿1.3t฿37.2b-฿8,354,772,252.0023.4x-151.3x34x
Thu, 08 Dec 2022฿1.2t฿37.2b-฿8,354,772,252.0022.1x-148.5x33.4x
Sat, 05 Nov 2022฿1.2t฿30.1b-฿13,279,692,820.0025.2x-93.8x41.4x
Mon, 03 Oct 2022฿1.2t฿30.1b-฿13,279,692,820.0025.8x-91.6x40.5x
Wed, 31 Aug 2022฿1.2t฿30.1b-฿13,279,692,820.0026.8x-90.9x40.1x
Fri, 29 Jul 2022฿1.2t฿25.8b-฿15,735,045,624.0031.2x-74.6x45.4x
Sun, 26 Jun 2022฿1.2t฿25.8b-฿15,735,045,624.0032.7x-74.3x45.3x
Tue, 24 May 2022฿1.2t฿25.7b-฿15,735,045,624.0032.1x-74.4x45.4x
Thu, 21 Apr 2022฿1.1t฿24.3b-฿16,122,295,101.0031x-69.8x46.4x
Sat, 19 Mar 2022฿1.1t฿24.3b-฿16,122,295,101.0032.1x-68.2x45.4x
Mon, 14 Feb 2022฿1.1t฿24.8b-฿15,751,724,790.0026.9x-70x44.4x
Price to Earnings Ratio

-70x


Total Market Cap: ฿1.1tTotal Earnings: -฿15,751,724,790.00Total Revenue: ฿24.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Infrastructure Industry Price to Earnings3Y Average 22.3x202320242025
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 37.7x which is higher than its 3-year average PE of 22.2x.
  • The 3-year average PS ratio of 24.7x is higher than the industry's current PS ratio of 9.8x.
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 57% 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-5.58%
Industrials-3.48%
Infrastructure-1.57%
Airport Services-1.11%
Marine Ports and Services-4.65%
Highways and Railtracks-4.73%
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 15.5%, which is lower than the prior year's growth of 83.8% per year.
  • Investors are most pessimistic about the Marine Ports and Services industry, which is trading below its 3-year average of 19.9x.
Forecasted Growth
  • Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 84% per year.
  • 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
No data available
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Latest News

AOT

฿55.75

Airports of Thailand

7D

-0.9%

1Y

-13.2%

DMT

฿10.40

Don Muang Tollway

7D

-1.9%

1Y

-20.6%

NYT

฿3.00

Namyong Terminal

7D

-3.8%

1Y

-27.9%

PORT

฿1.24

Sahathai Terminal

7D

-1.6%

1Y

1.6%

BEM

฿6.55

Bangkok Expressway and Metro

7D

-5.1%

1Y

-10.9%

BAFS

฿8.40

Bangkok Aviation Fuel Services

7D

-16.8%

1Y

-65.4%

B

฿0.06

Begistics

7D

-14.3%

1Y

-45.5%