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Thai (SET) Chemicals Industry Analysis

UpdatedDec 06, 2022
DataAggregated Company Financials
Companies34
  • 7D-0.7%
  • 3M2.5%
  • 1Y-5.9%
  • YTD-9.9%

Over the last 7 days, the Chemicals industry has remained flat. Unfortunately though, the industry is down 5.9% over the past 12 months. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

Has the Thai Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Dec 2022฿653.4b฿1.5t฿58.6b17.4x11.2x0.4x
Thu, 03 Nov 2022฿635.0b฿1.4t฿77.7b16.9x8.2x0.5x
Sat, 01 Oct 2022฿602.7b฿1.4t฿77.0b17.1x7.8x0.4x
Mon, 29 Aug 2022฿661.8b฿1.4t฿77.0b18.5x8.6x0.5x
Wed, 27 Jul 2022฿624.7b฿1.2t฿88.7b16.9x7x0.5x
Fri, 24 Jun 2022฿656.4b฿1.2t฿88.7b16.8x7.4x0.5x
Sun, 22 May 2022฿663.4b฿1.2t฿88.7b14.5x7.5x0.6x
Tue, 19 Apr 2022฿673.0b฿1.1t฿88.2b14x7.6x0.6x
Thu, 17 Mar 2022฿714.4b฿1.1t฿95.4b14.2x7.5x0.6x
Sat, 12 Feb 2022฿802.2b฿1.0t฿92.2b15.8x8.7x0.8x
Mon, 10 Jan 2022฿781.5b฿1.0t฿92.2b16.5x8.5x0.8x
Wed, 08 Dec 2021฿735.0b฿1.0t฿92.0b16.1x8x0.7x
Fri, 05 Nov 2021฿768.4b฿906.5b฿76.0b14.7x10.1x0.8x
Sun, 03 Oct 2021฿786.0b฿905.8b฿76.0b14.2x10.3x0.9x
Tue, 31 Aug 2021฿786.5b฿905.8b฿76.0b13.8x10.4x0.9x
Wed, 07 Jul 2021฿736.0b฿905.8b฿76.0b13.8x9.7x0.8x
Sat, 10 Apr 2021฿756.1b฿811.9b฿37.8b15x20x0.9x
Fri, 01 Jan 2021฿672.0b฿791.1b฿12.6b16.3x53.4x0.8x
Mon, 05 Oct 2020฿476.5b฿778.2b฿3.7b9.6x127.8x0.6x
Thu, 09 Jul 2020฿539.3b฿810.3b฿5.3b9.7x101.2x0.7x
Wed, 01 Apr 2020฿404.2b฿873.0b฿9.5b11.3x42.4x0.5x
Sat, 04 Jan 2020฿646.8b฿897.4b฿25.7b18.2x25.2x0.7x
Price to Earnings Ratio

25.2x


Total Market Cap: ฿646.8bTotal Earnings: ฿25.7bTotal Revenue: ฿897.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Chemicals Industry Price to Earnings3Y Average 37.5x20212022
Current Industry PE
  • Investors are pessimistic on the Thai Chemicals 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 11.2x which is lower than its 3-year average PE of 37.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 32% per year over the last three years.
  • Revenues for these companies have grown 19% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

TH Market1.54%
Materials-0.12%
Chemicals-0.75%
Fertilizers and Agricultural Chemicals0.87%
Diversified Chemicals0%
Industrial Gases0%
Specialty Chemicals-0.49%
Commodity Chemicals-0.82%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings decline of 2.1%, which is less than its past year's earnings decline of 15.4%.
  • Investors are most pessimistic about the Commodity Chemicals industry, which is trading below its 3-year average of 51.3x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 24% over the next 5 years.
  • However this is lower than its past earnings growth rate of 32% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings decline by 2.1% 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
GGC Global Green Chemicals฿15.101.3%
+฿204.7m
33.6%PE17.3x
BCT Birla Carbon (Thailand)฿60.250.4%
+฿75.0m
25.5%PE3.8x
UP Union Plastic฿22.506.6%
+฿35.0m
-7.0%PE20.2x
EASON Eason & Co฿1.303.2%
+฿22.7m
-18.8%PE28.7x
TMW Thai Mitsuwa฿37.001.4%
+฿20.0m
-1.3%PE11.7x
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Latest News

DPAINT

฿10.30

Delta Paint

7D

-6.4%

1Y

15.1%

TMW

฿37.00

Thai Mitsuwa

7D

1.4%

1Y

-1.3%

BCT

฿60.25

Birla Carbon (Thailand)

7D

0.4%

1Y

25.5%

TOA

฿32.50

TOA Paint (Thailand)

7D

-3.0%

1Y

0%

UP

฿22.50

Union Plastic

7D

6.6%

1Y

-7.0%

IVL

฿40.75

Indorama Ventures

7D

-2.4%

1Y

1.2%

POLY

฿13.60

Polynet

7D

-9.3%

1Y

n/a

TFI

฿0.15

Thai Film Industries

7D

-6.3%

1Y

-37.5%

PRAPAT

฿1.57

Peerapat Technology

7D

1.9%

1Y

4.7%

PATO

฿10.60

Pato Chemical Industry

7D

1.0%

1Y

-11.7%

NFC

฿5.95

NFC

7D

-5.6%

1Y

56.6%

GGC

฿15.10

Global Green Chemicals

7D

1.3%

1Y

33.6%

EASON

฿1.30

Eason & Co

7D

3.2%

1Y

-18.8%

COLOR

฿1.65

Salee Colour

7D

1.2%

1Y

-17.5%

PTTGC

฿46.00

PTT Global Chemical

7D

-4.7%

1Y

-21.4%