Thai (SET) Basic Materials Industry Analysis

Industry Valuation and Performance

Has the Thai Basic Materials Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 21 Jul 2026	฿406.2b	฿631.4b	฿27.0b	12x	15x	0.6x
Thu, 18 Jun 2026	฿391.0b	฿631.5b	฿27.0b	12.8x	14.5x	0.6x
Sat, 16 May 2026	฿363.4b	฿631.3b	฿27.0b	11.6x	13.5x	0.6x
Mon, 13 Apr 2026	฿347.2b	฿632.8b	฿21.4b	11.9x	16.2x	0.5x
Wed, 11 Mar 2026	฿295.4b	฿632.8b	฿21.4b	12x	13.8x	0.5x
Fri, 06 Feb 2026	฿346.9b	฿635.7b	฿24.0b	9x	14.5x	0.5x
Sun, 04 Jan 2026	฿311.2b	฿640.1b	฿27.2b	9x	11.5x	0.5x
Tue, 02 Dec 2025	฿319.5b	฿640.1b	฿27.2b	8.8x	11.8x	0.5x
Thu, 30 Oct 2025	฿340.5b	฿647.8b	฿28.5b	9.9x	12x	0.5x
Sat, 27 Sep 2025	฿368.8b	฿647.8b	฿28.5b	10.7x	13x	0.6x
Mon, 25 Aug 2025	฿365.2b	฿647.8b	฿28.5b	10.6x	12.8x	0.6x
Wed, 23 Jul 2025	฿328.3b	฿646.9b	฿14.7b	8.5x	22.4x	0.5x
Fri, 20 Jun 2025	฿280.0b	฿646.9b	฿14.7b	7.9x	19.1x	0.4x
Sun, 18 May 2025	฿301.1b	฿647.0b	฿14.7b	8.6x	20.5x	0.5x
Tue, 15 Apr 2025	฿271.2b	฿641.9b	฿16.0b	8.1x	17x	0.4x
Thu, 13 Mar 2025	฿293.1b	฿641.9b	฿16.0b	8.7x	18.4x	0.5x
Sat, 08 Feb 2025	฿289.3b	฿637.8b	฿13.5b	9.2x	21.4x	0.5x
Mon, 06 Jan 2025	฿315.7b	฿628.2b	฿13.0b	9.6x	24.2x	0.5x
Wed, 04 Dec 2024	฿341.7b	฿628.2b	฿13.0b	10.3x	26.2x	0.5x
Fri, 01 Nov 2024	฿366.2b	฿629.4b	฿14.1b	8.5x	25.9x	0.6x
Sun, 29 Sep 2024	฿413.1b	฿626.8b	฿15.8b	9.6x	26.1x	0.7x
Tue, 27 Aug 2024	฿384.0b	฿626.8b	฿15.8b	8.8x	24.2x	0.6x
Thu, 25 Jul 2024	฿376.6b	฿630.3b	฿21.4b	9.2x	17.6x	0.6x
Sat, 22 Jun 2024	฿379.2b	฿630.3b	฿21.4b	9.1x	17.7x	0.6x
Mon, 20 May 2024	฿418.6b	฿630.2b	฿21.4b	10.6x	19.6x	0.7x
Wed, 17 Apr 2024	฿428.2b	฿640.9b	฿36.0b	10.7x	11.9x	0.7x
Fri, 15 Mar 2024	฿444.0b	฿640.9b	฿36.0b	10.8x	12.3x	0.7x
Sun, 11 Feb 2024	฿437.8b	฿644.9b	฿37.7b	12.2x	11.6x	0.7x
Tue, 09 Jan 2024	฿478.1b	฿649.1b	฿37.1b	12.6x	12.9x	0.7x
Thu, 07 Dec 2023	฿465.8b	฿649.1b	฿37.1b	11.3x	12.5x	0.7x
Sat, 04 Nov 2023	฿468.0b	฿652.7b	฿38.0b	12.7x	12.3x	0.7x
Mon, 02 Oct 2023	฿478.4b	฿669.4b	฿38.0b	13.3x	12.6x	0.7x
Wed, 30 Aug 2023	฿503.9b	฿669.4b	฿38.0b	13.9x	13.2x	0.8x
Fri, 28 Jul 2023	฿509.1b	฿671.3b	฿39.7b	15.4x	12.8x	0.8x

Current Industry PE

Investors are relatively neutral on the Thai Basic Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 16.5x.

The industry is trading close to its 3-year average PS ratio of 0.58x.

Past Earnings Growth

The earnings for companies in the Basic Materials industry have declined 12% per year over the last three years,
Revenues have also declined 2.0% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Thai Materials industry?


TH Market	1.08%
Materials	4.09%
Basic Materials	2.56%
Construction Materials	2.56%

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
SCC Siam Cement	฿255.00	2.0% +฿6.0b	32.5%	PE15.9x
TPIPL TPI Polene	฿0.87	7.4% +฿1.1b	1.2%	PE7.8x
TASCO Tipco Asphalt	฿14.20	2.2% +฿473.5m	-1.4%	PE19.5x
DRT Diamond Building Products	฿5.25	1.9% +฿81.2m	2.9%	PE12x
Q-CON Quality Construction Products	฿6.30	1.6% +฿40.0m	-10.0%	PE12x

New major risk - Market cap size

The company's market capitalization is less than US$10m. Market cap: ฿323.8m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (฿323.8m market cap, or US$9.98m). Minor Risk Profit margins are more than 30% lower than last year (0.9% net profit margin).

Thai (SET) Basic Materials Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

SCC: LSP Suspension And Ongoing Cash Burn Will Pressure Stretched Share Price

Now 20% overvalued after recent price rise

New minor risk - Profit margin trend

New minor risk - Profit margin trend

New minor risk - Earnings quality

First quarter 2026 earnings released: ฿0.01 loss per share (vs ฿0.01 loss in 1Q 2025)

First quarter 2026 earnings released: EPS: ฿0.35 (vs ฿0.29 in 1Q 2025)

First quarter 2026 earnings released: EPS: ฿0.01 (vs ฿0.012 in 1Q 2025)

New major risk - Market cap size

Upcoming dividend of ฿0.068 per share

Upcoming dividend of ฿0.40 per share

Full year 2025 earnings released: EPS: ฿0.20 (vs ฿0.16 in FY 2024)