Thai (SET) Materials Sector Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies100
- 7D-0.2%
- 3M-1.5%
- 1Y-21.8%
- YTD-9.5%
Over the last 7 days, the Materials industry has remained flat, although notably Birla Carbon (Thailand) gained 3.3%. Unfortunately though, the industry is down 22% over the past 12 months. Earnings are forecast to grow by 36% annually.
Sector Valuation and Performance
Has the Thai Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | ฿1.1t | ฿2.3t | ฿31.4b | 13.9x | 35.6x | 0.5x |
| Sun, 07 Apr 2024 | ฿1.1t | ฿2.3t | ฿44.5b | 13.6x | 25.3x | 0.5x |
| Tue, 05 Mar 2024 | ฿1.1t | ฿2.3t | ฿45.0b | 14x | 24.7x | 0.5x |
| Thu, 01 Feb 2024 | ฿1.1t | ฿2.3t | ฿33.3b | 14.4x | 34.2x | 0.5x |
| Sat, 30 Dec 2023 | ฿1.2t | ฿2.3t | ฿33.8b | 13.9x | 36.9x | 0.5x |
| Mon, 27 Nov 2023 | ฿1.2t | ฿2.3t | ฿33.8b | 14.2x | 35.9x | 0.5x |
| Wed, 25 Oct 2023 | ฿1.2t | ฿2.4t | ฿29.0b | 14.1x | 40.1x | 0.5x |
| Fri, 22 Sep 2023 | ฿1.3t | ฿2.4t | ฿29.3b | 15.1x | 43.3x | 0.5x |
| Sun, 20 Aug 2023 | ฿1.3t | ฿2.4t | ฿29.0b | 15.5x | 44.3x | 0.5x |
| Tue, 18 Jul 2023 | ฿1.4t | ฿2.6t | ฿64.8b | 14.8x | 20.9x | 0.5x |
| Thu, 15 Jun 2023 | ฿1.4t | ฿2.6t | ฿64.8b | 16.2x | 21.7x | 0.5x |
| Sat, 13 May 2023 | ฿1.4t | ฿2.6t | ฿70.3b | 15.7x | 20.2x | 0.5x |
| Mon, 10 Apr 2023 | ฿1.4t | ฿2.7t | ฿79.3b | 15.6x | 18x | 0.5x |
| Wed, 08 Mar 2023 | ฿1.5t | ฿2.7t | ฿87.8b | 16x | 17.4x | 0.6x |
| Fri, 03 Feb 2023 | ฿1.6t | ฿2.7t | ฿117.5b | 15.4x | 13.7x | 0.6x |
| Sun, 01 Jan 2023 | ฿1.6t | ฿2.7t | ฿126.4b | 14.9x | 12.7x | 0.6x |
| Tue, 29 Nov 2022 | ฿1.6t | ฿2.7t | ฿126.4b | 15.2x | 12.6x | 0.6x |
| Thu, 27 Oct 2022 | ฿1.5t | ฿2.6t | ฿153.8b | 13.5x | 10x | 0.6x |
| Sat, 24 Sep 2022 | ฿1.6t | ฿2.5t | ฿153.9b | 14.3x | 10.1x | 0.6x |
| Mon, 22 Aug 2022 | ฿1.6t | ฿2.5t | ฿154.6b | 14.3x | 10.6x | 0.6x |
| Wed, 20 Jul 2022 | ฿1.6t | ฿2.3t | ฿176.3b | 12.8x | 9x | 0.7x |
| Fri, 17 Jun 2022 | ฿1.6t | ฿2.3t | ฿176.1b | 13.6x | 9.2x | 0.7x |
| Sun, 15 May 2022 | ฿1.6t | ฿2.2t | ฿167.4b | 12.6x | 9.6x | 0.7x |
| Tue, 12 Apr 2022 | ฿1.7t | ฿2.2t | ฿188.9b | 12.7x | 9.1x | 0.8x |
| Thu, 10 Mar 2022 | ฿1.7t | ฿2.2t | ฿188.9b | 13.1x | 9.1x | 0.8x |
| Sat, 05 Feb 2022 | ฿1.9t | ฿2.0t | ฿181.2b | 13.4x | 10.2x | 0.9x |
| Mon, 03 Jan 2022 | ฿1.9t | ฿2.0t | ฿179.6b | 12.8x | 10.3x | 0.9x |
| Wed, 01 Dec 2021 | ฿1.8t | ฿2.0t | ฿179.4b | 12.1x | 9.8x | 0.9x |
| Fri, 29 Oct 2021 | ฿1.9t | ฿1.8t | ฿163.7b | 13.1x | 11.4x | 1x |
| Sun, 26 Sep 2021 | ฿1.9t | ฿1.8t | ฿162.4b | 12.9x | 11.6x | 1x |
| Tue, 24 Aug 2021 | ฿1.9t | ฿1.9t | ฿163.0b | 12.8x | 11.6x | 1x |
| Wed, 30 Jun 2021 | ฿1.9t | ฿1.9t | ฿162.9b | 13x | 11.4x | 1x |
Price to Earnings Ratio
17.1x
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 35.6x which is higher than its 3-year average PE of 18.5x.
- The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
- The earnings for companies in the Materials industry have declined 34% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% 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 | 0.27% | |
| Materials | -0.19% | |
| Metals and Mining | 0.32% | |
| Paper and Forestry Products | 0% | |
| Packaging | -0.037% | |
| Chemicals | -0.14% | |
| Basic Materials | -0.40% | |
Industry PE
- Investors are most optimistic about the Packaging industry, which is trading close to its 3-year average PE ratio of 22.2x.
- Analysts are expecting annual earnings growth of 11.0%, which is higher than its past year's earnings decline of 9.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Packaging industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| BCT Birla Carbon (Thailand) | ฿70.00 | 3.3% +฿675.0m | 18.6% | PE5.6x | |
| SITHAI Srithai Superware | ฿1.38 | 11.3% +฿379.4m | -7.4% | PE10x | |
| EPG Eastern Polymer Group | ฿6.90 | 1.5% +฿280.0m | -8.0% | PE15.1x | |
| CMAN Chememan | ฿2.24 | 12.6% +฿240.0m | 1.8% | PE15.8x | |
| INOX POSCO-Thainox | ฿0.51 | 6.3% +฿233.9m | -32.9% | PS0.3x |