Thai (SET) Professional Services Industry Analysis
UpdatedApr 13, 2024
DataAggregated Company Financials
Companies8
- 7D0.3%
- 3M-8.2%
- 1Y-18.1%
- YTD-8.5%
In the last week, Professional Services has been flat. Unfortunately though, the industry is down 17% over the past 12 months. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Thai Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Apr 2024 | ฿29.9b | ฿13.3b | ฿1.3b | 20.5x | 22.3x | 2.2x |
| Mon, 11 Mar 2024 | ฿31.1b | ฿13.3b | ฿1.3b | 20.9x | 23.1x | 2.3x |
| Wed, 07 Feb 2024 | ฿31.6b | ฿12.9b | ฿854.1m | 19.1x | 37x | 2.4x |
| Fri, 05 Jan 2024 | ฿32.4b | ฿13.0b | ฿874.4m | 17.3x | 37x | 2.5x |
| Sun, 03 Dec 2023 | ฿30.3b | ฿13.0b | ฿874.4m | 16.3x | 34.7x | 2.3x |
| Tue, 31 Oct 2023 | ฿29.7b | ฿12.8b | ฿972.4m | 17.2x | 30.6x | 2.3x |
| Thu, 28 Sep 2023 | ฿32.8b | ฿12.8b | ฿972.4m | 21.7x | 33.7x | 2.6x |
| Sat, 26 Aug 2023 | ฿32.9b | ฿12.8b | ฿972.4m | 19.3x | 33.9x | 2.6x |
| Mon, 24 Jul 2023 | ฿31.4b | ฿12.7b | ฿572.9m | 20.3x | 54.8x | 2.5x |
| Wed, 21 Jun 2023 | ฿32.1b | ฿12.7b | ฿572.9m | 21.7x | 56x | 2.5x |
| Fri, 19 May 2023 | ฿33.7b | ฿12.6b | ฿563.7m | 29.9x | 59.7x | 2.7x |
| Sun, 16 Apr 2023 | ฿26.8b | ฿11.4b | ฿295.9m | 28.1x | 90.6x | 2.3x |
| Tue, 14 Mar 2023 | ฿20.3b | ฿5.2b | ฿78.3m | 26.9x | 259.7x | 3.9x |
| Thu, 09 Feb 2023 | ฿24.0b | ฿5.4b | ฿470.2m | 32.7x | 51x | 4.5x |
| Sat, 07 Jan 2023 | ฿21.4b | ฿5.4b | ฿470.2m | 31.2x | 45.6x | 4x |
| Mon, 05 Dec 2022 | ฿21.2b | ฿5.4b | ฿470.2m | 30.4x | 45x | 4x |
| Wed, 02 Nov 2022 | ฿22.1b | ฿5.4b | ฿695.6m | 33.9x | 31.7x | 4.1x |
| Fri, 30 Sep 2022 | ฿20.6b | ฿5.1b | ฿668.9m | 30.3x | 30.8x | 4x |
| Sun, 28 Aug 2022 | ฿22.7b | ฿5.1b | ฿668.9m | 36x | 33.9x | 4.4x |
| Tue, 26 Jul 2022 | ฿21.3b | ฿5.2b | ฿749.9m | 27.7x | 28.4x | 4.1x |
| Thu, 23 Jun 2022 | ฿21.5b | ฿5.2b | ฿749.9m | 27.9x | 28.6x | 4.1x |
| Sat, 21 May 2022 | ฿24.2b | ฿5.2b | ฿749.9m | 32.8x | 32.3x | 4.6x |
| Mon, 18 Apr 2022 | ฿30.0b | ฿5.3b | ฿892.7m | 35.6x | 33.6x | 5.7x |
| Wed, 16 Mar 2022 | ฿28.7b | ฿5.3b | ฿892.7m | 33.6x | 32.1x | 5.4x |
| Fri, 11 Feb 2022 | ฿29.2b | ฿5.1b | ฿863.6m | 32.1x | 33.8x | 5.8x |
| Sun, 09 Jan 2022 | ฿34.2b | ฿5.1b | ฿863.6m | 37.8x | 39.6x | 6.7x |
| Tue, 07 Dec 2021 | ฿29.7b | ฿5.1b | ฿863.6m | 31.1x | 34.4x | 5.9x |
| Thu, 04 Nov 2021 | ฿23.0b | ฿5.0b | ฿541.3m | 37.7x | 42.5x | 4.6x |
| Sat, 02 Oct 2021 | ฿21.5b | ฿5.0b | ฿541.3m | 36.4x | 39.7x | 4.3x |
| Mon, 30 Aug 2021 | ฿20.2b | ฿5.0b | ฿541.3m | 33.1x | 37.4x | 4.1x |
| Tue, 06 Jul 2021 | ฿18.2b | ฿5.0b | ฿541.3m | 30.6x | 33.6x | 3.7x |
Price to Earnings Ratio
17.2x
Current Industry PE
- Investors are pessimistic on the Thai Professional Services 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 22.6x which is lower than its 3-year average PE of 40.0x.
- The 3-year average PS ratio of 3.8x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have grown 8.5% per year over the last three years.
- Revenues for these companies have grown 37% 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 | 1.52% | |
| Industrials | 1.66% | |
| Professional Services | 0.29% | |
| Research and Consulting Services | 3.28% | |
| HR Services | -2.15% | |
Industry PE
- Investors are most optimistic about the HR Services industry even though it's trading below its 3-year average PE ratio of 29.2x.
- Analysts are expecting annual earnings growth of 12.7%, which is higher than its past year's earnings growth of 8.7% per year.
- Investors are most pessimistic about the Research and Consulting Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings growth rate of 8.7% per year.
- In contrast, the HR Services industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| BROOK Brooker Group | ฿0.55 | 5.8% +฿279.5m | 14.6% | PE13.2x | |
| BOL Business Online | ฿7.25 | 1.4% +฿82.1m | -28.9% | PE20.5x | |
| STI Stonehenge Inter | ฿3.36 | 3.1% +฿60.3m | -35.4% | PE26.6x | |
| SO Siamrajathanee | ฿6.80 | 0.7% +฿22.3m | -26.1% | PE16.5x | |
| AMARC Asia Medical and Agricultural Laboratory and Research Center | ฿1.37 | 2.2% +฿12.6m | -47.7% | PE59.7x |