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Thai (SET) Materials Sector Analysis

UpdatedNov 30, 2023
DataAggregated Company Financials
Companies101
  • 7D-0.9%
  • 3M-8.5%
  • 1Y-24.1%
  • YTD-24.2%

The Materials industry has stayed flat over the last week. Unfortunately though, the industry is down 24% over the past 12 months. Looking forward, earnings are forecast to grow by 44% annually.

Sector Valuation and Performance

Has the Thai Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Nov 2023฿1.2t฿2.3t฿33.8b14.3x36.1x0.5x
Sat, 28 Oct 2023฿1.2t฿2.4t฿28.4b14.1x41.2x0.5x
Mon, 25 Sep 2023฿1.3t฿2.4t฿29.3b15.3x44x0.5x
Wed, 23 Aug 2023฿1.3t฿2.4t฿28.9b15.4x44.4x0.5x
Fri, 21 Jul 2023฿1.3t฿2.6t฿64.3b15x20.6x0.5x
Sun, 18 Jun 2023฿1.4t฿2.6t฿64.8b16.1x21.3x0.5x
Tue, 16 May 2023฿1.4t฿2.6t฿69.7b15.9x20.2x0.5x
Thu, 13 Apr 2023฿1.4t฿2.7t฿79.3b15.7x18x0.5x
Sat, 11 Mar 2023฿1.5t฿2.7t฿85.8b15.5x17.8x0.6x
Mon, 06 Feb 2023฿1.6t฿2.7t฿117.5b15.4x13.7x0.6x
Wed, 04 Jan 2023฿1.6t฿2.7t฿126.4b14.7x12.7x0.6x
Fri, 02 Dec 2022฿1.6t฿2.7t฿126.4b15x12.8x0.6x
Sun, 30 Oct 2022฿1.5t฿2.6t฿149.4b13.5x10.3x0.6x
Tue, 27 Sep 2022฿1.6t฿2.5t฿153.9b14.1x10.1x0.6x
Thu, 25 Aug 2022฿1.6t฿2.5t฿154.6b14.3x10.6x0.6x
Sat, 23 Jul 2022฿1.6t฿2.3t฿176.3b12.9x9.1x0.7x
Mon, 20 Jun 2022฿1.6t฿2.3t฿176.1b13.4x9.1x0.7x
Wed, 18 May 2022฿1.6t฿2.3t฿175.2b12.5x9.4x0.7x
Fri, 15 Apr 2022฿1.7t฿2.2t฿188.9b12.7x9.1x0.8x
Sun, 13 Mar 2022฿1.8t฿2.2t฿188.9b13.1x9.3x0.8x
Tue, 08 Feb 2022฿1.9t฿2.0t฿181.2b13.4x10.3x0.9x
Thu, 06 Jan 2022฿1.9t฿2.0t฿179.6b13.1x10.5x1x
Sat, 04 Dec 2021฿1.8t฿2.0t฿179.4b12.5x9.9x0.9x
Mon, 01 Nov 2021฿1.9t฿1.9t฿160.8b13.3x11.6x1x
Wed, 29 Sep 2021฿1.9t฿1.8t฿162.4b12.9x11.6x1x
Fri, 27 Aug 2021฿1.9t฿1.9t฿163.0b12.7x11.8x1x
Sat, 03 Jul 2021฿1.9t฿1.9t฿162.9b13x11.4x1x
Tue, 06 Apr 2021฿1.8t฿1.7t฿111.6b13.2x15.7x1x
Fri, 08 Jan 2021฿1.6t฿1.6t฿70.3b12.2x22.3x1x
Price to Earnings Ratio

25x


Total Market Cap: ฿1.5tTotal Earnings: ฿60.6bTotal Revenue: ฿1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Materials Sector Price to Earnings3Y Average 16.8x202120222023
Current Industry PE
  • Investors are optimistic on the Thai Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.3x which is higher than its 3-year average PE of 16.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.77x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 18% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% 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 Materials sector?

TH Market-1.82%
Materials-0.87%
Packaging1.38%
Paper and Forestry Products0%
Metals and Mining-0.82%
Chemicals-1.06%
Basic Materials-1.78%
Industry PE
  • Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio of 21.8x.
    • Analysts are expecting annual earnings growth of 22.6%, which is higher than its past year's earnings decline of 23.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 93% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 9.8% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SCGP SCG Packaging฿38.752.0%
+฿3.2b
-29.9%PE37.1x
PTTGC PTT Global Chemical฿38.500.7%
+฿1.1b
-19.8%PS0.3x
SPG Siam Pan Group฿16.4011.6%
+฿586.5m
-2.4%PE17.5x
PTL Polyplex (Thailand)฿11.102.8%
+฿270.0m
-54.9%PE119.4x
NFC NFC฿3.248.0%
+฿261.1m
-47.3%PE28x
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TOA

฿20.70

TOA Paint (Thailand)

7D

-5.0%

1Y

-38.7%

IVL

฿25.25

Indorama Ventures

7D

-2.9%

1Y

-40.6%

PTTGC

฿38.50

PTT Global Chemical

7D

0.7%

1Y

-19.8%

BGC

฿8.20

BG Container Glass

7D

-4.7%

1Y

-17.6%

EPG

฿7.35

Eastern Polymer Group

7D

-2.0%

1Y

-27.9%

NFC

฿3.24

NFC

7D

8.0%

1Y

-47.3%

TASCO

฿16.90

Tipco Asphalt

7D

-4.5%

1Y

-7.1%

TPIPL

฿1.37

TPI Polene

7D

-2.1%

1Y

-28.3%

TMT

฿6.15

TMT Steel

7D

-3.9%

1Y

-12.1%

PTL

฿11.10

Polyplex (Thailand)

7D

2.8%

1Y

-54.9%

UTP

฿11.30

United Paper

7D

2.7%

1Y

-32.3%

ZIGA

฿2.36

Ziga Innovation

7D

7.3%

1Y

-35.5%

SPG

฿16.40

Siam Pan Group

7D

11.6%

1Y

-2.4%

GJS

฿0.23

G J Steel

7D

4.5%

1Y

-32.4%

SCC

฿290.00

Siam Cement

7D

-1.7%

1Y

-13.7%

SCGP

฿38.75

SCG Packaging

7D

2.0%

1Y

-29.9%