Narrative Update • May 22
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- 7D2.2%
- 3M19.6%
- 1Y28.3%
- YTD16.5%
The Basic Materials is pretty flat in the last 7 days, but Siam Cement has stood out, gaining 3.1%. As for the the longer term, the industry is up 25% over the past 12 months. As for the next few years, earnings are forecast to decline by 1.2% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 06 Jun 2026 | ฿375.3b | ฿631.5b | ฿27.0b | 12.7x | 13.9x | 0.6x |
| Mon, 04 May 2026 | ฿380.9b | ฿631.7b | ฿26.6b | 11.9x | 14.3x | 0.6x |
| Wed, 01 Apr 2026 | ฿338.4b | ฿632.8b | ฿21.4b | 11.9x | 15.8x | 0.5x |
| Fri, 27 Feb 2026 | ฿367.4b | ฿633.4b | ฿21.5b | 12.9x | 17.1x | 0.6x |
| Sun, 25 Jan 2026 | ฿345.8b | ฿640.1b | ฿27.2b | 9x | 12.7x | 0.5x |
| Tue, 23 Dec 2025 | ฿315.1b | ฿640.1b | ฿27.2b | 9x | 11.6x | 0.5x |
| Thu, 20 Nov 2025 | ฿310.9b | ฿640.1b | ฿27.2b | 8.7x | 11.4x | 0.5x |
| Sat, 18 Oct 2025 | ฿333.7b | ฿647.8b | ฿28.5b | 9.8x | 11.7x | 0.5x |
| Mon, 15 Sep 2025 | ฿372.9b | ฿647.8b | ฿28.5b | 11x | 13.1x | 0.6x |
| Wed, 13 Aug 2025 | ฿343.9b | ฿646.9b | ฿28.2b | 11.6x | 12.2x | 0.5x |
| Fri, 11 Jul 2025 | ฿299.1b | ฿646.9b | ฿14.7b | 8.3x | 20.4x | 0.5x |
| Sun, 08 Jun 2025 | ฿292.4b | ฿646.9b | ฿14.7b | 8.5x | 19.9x | 0.5x |
| Tue, 06 May 2025 | ฿294.3b | ฿642.1b | ฿14.6b | 8.4x | 20.1x | 0.5x |
| Thu, 03 Apr 2025 | ฿282.8b | ฿641.9b | ฿16.0b | 8.7x | 17.7x | 0.4x |
| Sat, 01 Mar 2025 | ฿263.2b | ฿644.2b | ฿15.8b | 9x | 16.7x | 0.4x |
| Mon, 27 Jan 2025 | ฿301.4b | ฿628.2b | ฿13.0b | 9.8x | 23.1x | 0.5x |
| Wed, 25 Dec 2024 | ฿322.7b | ฿628.2b | ฿13.0b | 9.9x | 24.8x | 0.5x |
| Fri, 22 Nov 2024 | ฿353.8b | ฿628.0b | ฿13.0b | 10.4x | 27.3x | 0.6x |
| Sun, 20 Oct 2024 | ฿378.5b | ฿626.8b | ฿15.8b | 9.1x | 23.9x | 0.6x |
| Tue, 17 Sep 2024 | ฿420.3b | ฿626.8b | ฿15.8b | 10x | 26.5x | 0.7x |
| Thu, 15 Aug 2024 | ฿342.9b | ฿627.0b | ฿15.8b | 8.8x | 21.6x | 0.5x |
| Sat, 13 Jul 2024 | ฿385.6b | ฿630.3b | ฿21.4b | 9.5x | 18x | 0.6x |
| Mon, 10 Jun 2024 | ฿396.3b | ฿630.3b | ฿21.4b | 10.2x | 18.5x | 0.6x |
| Wed, 08 May 2024 | ฿417.2b | ฿635.4b | ฿22.4b | 10.8x | 18.7x | 0.7x |
| Fri, 05 Apr 2024 | ฿419.7b | ฿640.9b | ฿36.0b | 10.5x | 11.7x | 0.7x |
| Sun, 03 Mar 2024 | ฿442.6b | ฿640.7b | ฿36.0b | 11.4x | 12.3x | 0.7x |
| Tue, 30 Jan 2024 | ฿443.6b | ฿647.6b | ฿35.8b | 12x | 12.4x | 0.7x |
| Thu, 28 Dec 2023 | ฿478.0b | ฿649.1b | ฿37.1b | 11.3x | 12.9x | 0.7x |
| Sat, 25 Nov 2023 | ฿467.9b | ฿649.1b | ฿37.1b | 11x | 12.6x | 0.7x |
| Mon, 23 Oct 2023 | ฿459.7b | ฿669.4b | ฿38.0b | 12.2x | 12.1x | 0.7x |
| Wed, 20 Sep 2023 | ฿487.5b | ฿669.4b | ฿38.0b | 14.2x | 12.8x | 0.7x |
| Fri, 18 Aug 2023 | ฿501.6b | ฿669.4b | ฿38.0b | 13.4x | 13.2x | 0.7x |
| Sun, 16 Jul 2023 | ฿515.5b | ฿699.2b | ฿41.5b | 15x | 12.4x | 0.7x |
| Tue, 13 Jun 2023 | ฿523.4b | ฿699.2b | ฿41.5b | 17.1x | 12.6x | 0.7x |
Price to Earnings Ratio
12.6x
Current Industry PE
- Investors are pessimistic on the Thai Basic Materials 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 13.6x which is lower than its 3-year average PE of 16.5x.
- The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 13% per year over the last three years,
- Revenues have also declined 3.3% 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 | 0.90% | |
| Materials | 2.50% | |
| Basic Materials | 2.21% | |
| Construction Materials | 2.21% | |
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 | ฿234.00 | 3.1% +฿8.4b | 44.0% | PE14.6x | |
| GEL General Engineering | ฿0.03 | 50.0% +฿86.1m | -40.0% | PS0.1x | |
| CCP Chonburi Concrete Product | ฿0.27 | 3.8% +฿27.7m | 42.1% | PE9.8x | |
| STECH Siam Technic Concrete | ฿1.05 | 1.9% +฿14.5m | 0% | PE4.9x | |
| SMART Smart Concrete | ฿0.54 | 1.9% +฿10.4m | -6.9% | PE23.8x |