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Thai (SET) Transportation Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies9
- 7D-0.5%
- 3M17.2%
- 1Y5.1%
- YTD-2.1%
The Transportation is pretty flat in the last 7 days, but BTS Group Holdings has stood out, gaining 6.0%. As for the the longer term, the industry is up 5.1% over the past 12 months. In the next few years, earnings are forecast to decline by 10% annually.
Industry Valuation and Performance
Has the Thai Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 22 Feb 2025 | ฿111.4b | ฿60.3b | ฿3.0b | 12.9x | 37.4x | 1.8x |
| Mon, 20 Jan 2025 | ฿103.9b | ฿59.9b | -฿4,830,363,708.00 | 12.5x | -21.5x | 1.7x |
| Wed, 18 Dec 2024 | ฿92.8b | ฿57.1b | -฿5,219,669,256.00 | 13.8x | -17.8x | 1.6x |
| Fri, 15 Nov 2024 | ฿79.4b | ฿58.1b | -฿4,619,853,108.00 | 13.3x | -17.2x | 1.4x |
| Sun, 13 Oct 2024 | ฿67.0b | ฿31.1b | -฿4,754,073,638.00 | 13.5x | -14.1x | 2.2x |
| Tue, 10 Sep 2024 | ฿70.5b | ฿31.1b | -฿4,754,073,638.00 | 13.9x | -14.8x | 2.3x |
| Thu, 08 Aug 2024 | ฿55.5b | ฿31.8b | -฿5,098,985,636.00 | 9.9x | -10.9x | 1.7x |
| Sat, 06 Jul 2024 | ฿64.7b | ฿31.8b | -฿5,098,985,636.00 | 11.2x | -12.7x | 2x |
| Mon, 03 Jun 2024 | ฿70.6b | ฿33.0b | -฿5,319,359,635.00 | 14.7x | -13.3x | 2.1x |
| Wed, 01 May 2024 | ฿91.5b | ฿29.7b | -฿5,308,282,876.00 | 13.3x | -17.2x | 3.1x |
| Fri, 29 Mar 2024 | ฿82.0b | ฿29.7b | -฿5,308,282,876.00 | 13.6x | -15.4x | 2.8x |
| Sun, 25 Feb 2024 | ฿80.8b | ฿29.8b | -฿5,052,858,330.00 | 18.1x | -16x | 2.7x |
| Tue, 23 Jan 2024 | ฿98.9b | ฿29.7b | ฿752.2m | 17.2x | 131.4x | 3.3x |
| Thu, 21 Dec 2023 | ฿103.9b | ฿29.7b | ฿752.2m | 16.8x | 138.1x | 3.5x |
| Sat, 18 Nov 2023 | ฿105.1b | ฿29.7b | ฿752.2m | 17.2x | 139.7x | 3.5x |
| Mon, 16 Oct 2023 | ฿106.5b | ฿30.4b | ฿1.1b | 14.7x | 93.2x | 3.5x |
| Wed, 13 Sep 2023 | ฿104.3b | ฿30.4b | ฿1.1b | 16x | 91.4x | 3.4x |
| Fri, 11 Aug 2023 | ฿103.4b | ฿29.4b | ฿2.4b | 16.5x | 42.5x | 3.5x |
| Sun, 09 Jul 2023 | ฿107.4b | ฿29.4b | ฿2.4b | 16x | 43.9x | 3.6x |
| Tue, 06 Jun 2023 | ฿103.1b | ฿29.4b | ฿2.4b | 16.2x | 42.1x | 3.5x |
| Thu, 04 May 2023 | ฿111.7b | ฿29.5b | ฿3.4b | 17.1x | 32.4x | 3.8x |
| Sat, 01 Apr 2023 | ฿103.1b | ฿29.5b | ฿3.4b | 18.3x | 29.9x | 3.5x |
| Mon, 27 Feb 2023 | ฿115.3b | ฿30.1b | ฿3.4b | 14.7x | 33.9x | 3.8x |
| Wed, 25 Jan 2023 | ฿124.9b | ฿33.3b | ฿3.4b | 15x | 36.5x | 3.8x |
| Fri, 23 Dec 2022 | ฿118.6b | ฿33.3b | ฿3.4b | 13.8x | 34.7x | 3.6x |
| Sun, 20 Nov 2022 | ฿116.1b | ฿33.3b | ฿3.4b | 14.4x | 34x | 3.5x |
| Tue, 18 Oct 2022 | ฿115.0b | ฿34.4b | ฿3.3b | 17.3x | 34.4x | 3.3x |
| Thu, 15 Sep 2022 | ฿126.8b | ฿34.4b | ฿3.3b | 18x | 37.9x | 3.7x |
| Sat, 13 Aug 2022 | ฿124.5b | ฿38.2b | ฿4.1b | 18x | 30.2x | 3.3x |
| Mon, 11 Jul 2022 | ฿123.5b | ฿38.1b | ฿4.1b | 18.5x | 30.1x | 3.2x |
| Wed, 08 Jun 2022 | ฿124.3b | ฿37.8b | ฿4.1b | 24.3x | 30.4x | 3.3x |
| Fri, 06 May 2022 | ฿127.9b | ฿40.4b | ฿4.9b | 22.2x | 26.1x | 3.2x |
| Sun, 03 Apr 2022 | ฿130.1b | ฿40.4b | ฿4.9b | 22.8x | 26.5x | 3.2x |
| Tue, 01 Mar 2022 | ฿134.8b | ฿40.3b | ฿4.9b | 23.1x | 27.4x | 3.3x |
Price to Earnings Ratio
27.4x
Current Industry PE
- Investors are optimistic on the Thai Transportation industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.4x which is higher than its 3-year average PE of 30.2x.
- The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Transportation industry have declined 15% per year over the last three years.
- Meanwhile revenues for these companies have grown 14% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Thai Industrials industry?
| TH Market | -2.96% | |
| Industrials | -10.62% | |
| Transportation | -0.50% | |
| Cargo Ground Transportation | 9.31% | |
| Trucking | 2.53% | |
| Railroads | -1.64% | |
Industry PE
- Investors are most optimistic about the Railroads industry even though it's trading below its 3-year average PE ratio of 53.1x.
- Analysts are expecting annual earnings decline of 0 so the market might believe that analysts are underestimating future growth.
Forecasted Growth
- Analysts are most optimistic on the Cargo Ground Transportation industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings growth rate of 22% per year.
- In contrast, the Railroads industry is expected to see its earnings decline by 14% 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 | |
|---|---|---|---|---|---|
| BTS BTS Group Holdings | ฿6.20 | 6.0% +฿5.6b | 13.8% | PE44.6x | |
| PCE Petchsrivichai Enterprise | ฿3.26 | 7.9% +฿660.0m | n/a | PE17.5x | |
| MPJ M P J Logistics | ฿2.82 | 15.6% +฿76.0m | n/a | PE6x | |
| ATP30 ATP 30 | ฿0.91 | 7.1% +฿40.9m | -14.2% | PE13.6x | |
| KCAR Krungthai Car Rent and Lease | ฿4.12 | 2.5% +฿25.0m | -48.2% | PE10.5x |