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Thai (SET) Air Freight and Logistics Industry Analysis
UpdatedDec 03, 2025
DataAggregated Company Financials
Companies10
- 7D0.5%
- 3M-19.0%
- 1Y-31.6%
- YTDn/a
Last week, the Air Freight and Logistics industry hasn't moved much but Thai Parcels is up 31% in that time. As for the longer term, the industry has declined 32% in the last year. Earnings are forecast to grow by 9.0% annually.
Industry Valuation and Performance
Has the Thai Air Freight and Logistics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 04 Dec 2025 | ฿27.4b | ฿49.5b | ฿2.3b | 11.4x | 11.7x | 0.6x |
| Sat, 01 Nov 2025 | ฿29.6b | ฿50.7b | ฿2.2b | 11.6x | 13.3x | 0.6x |
| Mon, 29 Sep 2025 | ฿36.1b | ฿57.4b | -฿3,429,080,157.00 | 13.2x | -10.5x | 0.6x |
| Wed, 27 Aug 2025 | ฿38.6b | ฿57.4b | -฿3,429,080,157.00 | 13x | -11.3x | 0.7x |
| Fri, 25 Jul 2025 | ฿35.0b | ฿58.1b | -฿3,076,361,680.00 | 10.1x | -11.4x | 0.6x |
| Sun, 22 Jun 2025 | ฿33.5b | ฿58.0b | -฿3,277,762,680.00 | 8.4x | -10.2x | 0.6x |
| Tue, 20 May 2025 | ฿34.4b | ฿59.4b | -฿3,581,607,680.00 | 9.8x | -9.6x | 0.6x |
| Thu, 17 Apr 2025 | ฿29.4b | ฿59.1b | -฿3,580,695,564.00 | 10.9x | -8.2x | 0.5x |
| Sat, 15 Mar 2025 | ฿31.9b | ฿59.1b | -฿3,580,695,564.00 | 11.5x | -8.9x | 0.5x |
| Mon, 10 Feb 2025 | ฿33.1b | ฿58.6b | -฿1,838,154,438.00 | 11.5x | -18x | 0.6x |
| Wed, 08 Jan 2025 | ฿42.0b | ฿58.6b | -฿1,838,154,438.00 | 15x | -22.8x | 0.7x |
| Fri, 06 Dec 2024 | ฿46.8b | ฿58.6b | -฿1,838,154,438.00 | 17.4x | -25.4x | 0.8x |
| Sun, 03 Nov 2024 | ฿42.1b | ฿45.7b | ฿2.7b | 14.4x | 15.8x | 0.9x |
| Tue, 01 Oct 2024 | ฿43.3b | ฿45.7b | ฿2.7b | 14.8x | 16.3x | 0.9x |
| Thu, 29 Aug 2024 | ฿40.2b | ฿45.7b | ฿2.7b | 14x | 15.1x | 0.9x |
| Sat, 27 Jul 2024 | ฿47.2b | ฿55.4b | -฿1,876,737,193.00 | 14x | -25.1x | 0.9x |
| Mon, 24 Jun 2024 | ฿50.9b | ฿55.4b | -฿1,876,737,193.00 | 15.7x | -27.1x | 0.9x |
| Wed, 22 May 2024 | ฿56.5b | ฿55.1b | -฿1,832,795,193.00 | 15.4x | -30.8x | 1x |
| Fri, 19 Apr 2024 | ฿59.6b | ฿54.1b | -฿1,291,722,896.00 | 14.1x | -46.2x | 1.1x |
| Sun, 17 Mar 2024 | ฿65.2b | ฿54.1b | -฿1,291,722,896.00 | 16.7x | -50.5x | 1.2x |
| Tue, 13 Feb 2024 | ฿64.8b | ฿49.9b | -฿539,556,452.00 | 17.5x | -120.1x | 1.3x |
| Thu, 11 Jan 2024 | ฿65.4b | ฿51.4b | -฿315,755,452.00 | 16.2x | -207.1x | 1.3x |
| Sat, 09 Dec 2023 | ฿51.2b | ฿46.2b | -฿1,715,486,369.00 | 15.9x | -29.9x | 1.1x |
| Mon, 06 Nov 2023 | ฿50.6b | ฿45.0b | -฿1,129,342,369.00 | 10.7x | -44.8x | 1.1x |
| Wed, 04 Oct 2023 | ฿58.7b | ฿45.0b | -฿1,129,342,369.00 | 11.6x | -52x | 1.3x |
| Fri, 01 Sep 2023 | ฿64.0b | ฿41.9b | -฿1,340,336,783.00 | 14.5x | -47.7x | 1.5x |
| Sun, 30 Jul 2023 | ฿67.1b | ฿41.9b | -฿775,663,448.00 | 12x | -86.5x | 1.6x |
| Tue, 27 Jun 2023 | ฿63.7b | ฿41.4b | -฿803,486,660.00 | 10.1x | -79.3x | 1.5x |
| Thu, 25 May 2023 | ฿69.7b | ฿41.4b | -฿803,486,660.00 | 11.6x | -86.8x | 1.7x |
| Sat, 22 Apr 2023 | ฿81.3b | ฿43.1b | -฿370,264,464.00 | 11.1x | -219.6x | 1.9x |
| Mon, 20 Mar 2023 | ฿84.1b | ฿43.1b | -฿370,264,464.00 | 11.7x | -227.2x | 2x |
| Wed, 15 Feb 2023 | ฿72.1b | ฿46.8b | -฿54,364,394.00 | 16.1x | -1325.4x | 1.5x |
| Fri, 13 Jan 2023 | ฿79.2b | ฿46.8b | -฿54,364,394.00 | 16.8x | -1456.5x | 1.7x |
| Sun, 11 Dec 2022 | ฿79.0b | ฿46.8b | -฿54,364,394.00 | 14.9x | -1453.9x | 1.7x |
Price to Earnings Ratio
-1453.9x
Current Industry PE
- Investors are pessimistic on the Thai Air Freight and Logistics 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 11.7x which is higher than its 3-year average PE of -158x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.55x.
Past Earnings Growth
- Total earnings for the Air Freight and Logistics industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Comparison
How does Thai Air Freight and Logistics compare with similar industries?
| TH Market | 0.71% | |
| Industrials | 2.03% | |
| Logistics | 0.50% | |
| Air Freight and Logistics | 0.50% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SJWD SCGJWD Logistics | ฿7.35 | 2.8% +฿355.3m | -36.1% | PE12x | |
| ANI Asia Network International | ฿3.04 | 3.4% +฿184.8m | -20.8% | PE9.8x | |
| TPL Thai Parcels | ฿0.62 | 21.6% +฿126.5m | -37.4% | PS1.4x | |
| ETL Euroasia Total Logistics | ฿0.58 | 9.4% +฿31.0m | -9.4% | PE56.9x | |
| WICE Wice Logistics | ฿2.38 | 1.7% +฿25.6m | -48.5% | PE21x |