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Thai (SET) Metals and Mining Industry Analysis
UpdatedSep 05, 2024
DataAggregated Company Financials
Companies27
- 7D-0.2%
- 3M-8.3%
- 1Y-25.8%
- YTD-17.2%
Over the last 7 days, the Metals and Mining industry has dropped 1.4%, driven by a pullback from Tata Steel (Thailand) of 9.2%. In contrast, POSCO-Thainox has gained 6.0%. However, the industry is down 27% over the past year.
Industry Valuation and Performance
Has the Thai Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 05 Sep 2024 | ฿46.1b | ฿157.2b | -฿2,120,242,488.00 | 14.5x | -21.7x | 0.3x |
| Sat, 03 Aug 2024 | ฿44.9b | ฿163.6b | -฿1,466,395,337.00 | 13x | -30.6x | 0.3x |
| Mon, 01 Jul 2024 | ฿49.4b | ฿163.0b | -฿1,506,813,337.00 | 13.2x | -32.8x | 0.3x |
| Wed, 29 May 2024 | ฿52.4b | ฿163.0b | -฿1,624,396,527.00 | 15.3x | -32.3x | 0.3x |
| Fri, 26 Apr 2024 | ฿52.7b | ฿167.4b | -฿387,984,975.00 | 10.9x | -135.9x | 0.3x |
| Sun, 24 Mar 2024 | ฿54.4b | ฿167.9b | -฿478,585,933.00 | 10.7x | -113.6x | 0.3x |
| Tue, 20 Feb 2024 | ฿54.6b | ฿169.2b | -฿4,091,599,762.00 | 10.6x | -13.3x | 0.3x |
| Thu, 18 Jan 2024 | ฿56.6b | ฿171.4b | -฿4,861,647,043.00 | 10.2x | -11.6x | 0.3x |
| Sat, 16 Dec 2023 | ฿53.7b | ฿172.9b | -฿4,862,214,043.00 | 10.1x | -11x | 0.3x |
| Mon, 13 Nov 2023 | ฿53.2b | ฿173.9b | -฿5,693,576,167.00 | 10.3x | -9.3x | 0.3x |
| Wed, 11 Oct 2023 | ฿55.8b | ฿175.4b | -฿6,369,492,154.00 | 18.5x | -8.8x | 0.3x |
| Fri, 08 Sep 2023 | ฿61.6b | ฿175.4b | -฿6,367,621,392.00 | 19.6x | -9.7x | 0.4x |
| Sun, 06 Aug 2023 | ฿57.9b | ฿181.2b | -฿5,101,903,821.00 | 14.9x | -11.3x | 0.3x |
| Tue, 04 Jul 2023 | ฿58.6b | ฿183.7b | -฿4,567,723,821.00 | 11.7x | -12.8x | 0.3x |
| Thu, 01 Jun 2023 | ฿63.0b | ฿183.8b | -฿4,551,984,821.00 | 13.5x | -13.8x | 0.3x |
| Sat, 29 Apr 2023 | ฿66.2b | ฿190.9b | -฿2,092,947,577.00 | 16.1x | -31.6x | 0.3x |
| Mon, 27 Mar 2023 | ฿70.7b | ฿192.2b | -฿1,951,969,537.00 | 17.4x | -36.2x | 0.4x |
| Wed, 22 Feb 2023 | ฿78.7b | ฿196.8b | ฿5.5b | 12.6x | 14.4x | 0.4x |
| Fri, 20 Jan 2023 | ฿81.3b | ฿198.0b | ฿6.2b | 10.3x | 13.1x | 0.4x |
| Sun, 18 Dec 2022 | ฿74.5b | ฿198.0b | ฿6.2b | 9.9x | 12x | 0.4x |
| Tue, 15 Nov 2022 | ฿75.8b | ฿198.9b | ฿9.5b | 10x | 8x | 0.4x |
| Thu, 13 Oct 2022 | ฿78.4b | ฿200.5b | ฿12.3b | 7.6x | 6.4x | 0.4x |
| Sat, 10 Sep 2022 | ฿81.9b | ฿200.6b | ฿12.3b | 7.8x | 6.6x | 0.4x |
| Mon, 08 Aug 2022 | ฿85.3b | ฿198.2b | ฿16.2b | 7.1x | 5.3x | 0.4x |
| Wed, 06 Jul 2022 | ฿85.5b | ฿197.2b | ฿16.4b | 7.2x | 5.2x | 0.4x |
| Fri, 03 Jun 2022 | ฿102.4b | ฿197.2b | ฿16.4b | 8.3x | 6.2x | 0.5x |
| Sun, 01 May 2022 | ฿106.7b | ฿186.9b | ฿16.5b | 6.7x | 6.5x | 0.6x |
| Tue, 29 Mar 2022 | ฿113.4b | ฿185.4b | ฿16.6b | 7.4x | 6.8x | 0.6x |
| Thu, 24 Feb 2022 | ฿115.2b | ฿175.3b | ฿14.0b | 7.6x | 8.2x | 0.7x |
| Sat, 22 Jan 2022 | ฿109.3b | ฿171.3b | ฿13.8b | 7.4x | 7.9x | 0.6x |
| Mon, 20 Dec 2021 | ฿106.5b | ฿168.7b | ฿13.2b | 6.6x | 8x | 0.6x |
| Wed, 17 Nov 2021 | ฿102.6b | ฿163.5b | ฿11.7b | 7x | 8.8x | 0.6x |
| Fri, 15 Oct 2021 | ฿105.5b | ฿154.6b | ฿9.0b | 8.1x | 11.8x | 0.7x |
| Sun, 12 Sep 2021 | ฿105.1b | ฿154.6b | ฿9.0b | 7.6x | 11.7x | 0.7x |
Price to Earnings Ratio
11.7x
Current Industry PE
- Investors are pessimistic on the Thai Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
- Total earnings for the Metals and Mining industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 industry?
| TH Market | 0.015% | |
| Materials | 1.56% | |
| Metals and Mining | -0.22% | |
| Aluminum | 35.82% | |
| Diversified Metals and Mining | 2.35% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Steel | -0.88% | |
Industry PE
- Investors are most optimistic about the Aluminum industry, which is trading close to its 3-year average PE ratio of 18.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VARO Varopakorn | ฿6.10 | 66.7% +฿243.8m | 3.4% | PS0.2x | |
| INOX POSCO-Thainox | ฿0.55 | 5.8% +฿233.9m | -23.6% | PE53.5x | |
| STPI STP&I | ฿3.44 | 3.0% +฿160.1m | -13.6% | PE15.9x | |
| CHOW Chow Steel Industries | ฿2.64 | 2.3% +฿48.0m | 76.0% | PE3.9x | |
| TYCN Tycoons Worldwide Group (Thailand) | ฿2.28 | 3.6% +฿47.7m | -14.3% | PS0.3x |