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Thai (SET) Steel Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies24
- 7D-1.9%
- 3M-20.5%
- 1Y-29.9%
- YTDn/a
The Steel is pretty flat in the last 7 days, but Thai-German Products has stood out, gaining 14%. As for the longer term, the industry has declined 29% in the last year.
Industry Valuation and Performance
Has the Thai Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | ฿37.7b | ฿141.6b | -฿6,179,788,769.00 | 16.6x | -6.1x | 0.3x |
| Mon, 30 Dec 2024 | ฿39.6b | ฿141.4b | -฿6,524,410,769.00 | 22.7x | -6.1x | 0.3x |
| Wed, 27 Nov 2024 | ฿43.2b | ฿140.7b | -฿6,510,329,617.00 | 23.1x | -6.6x | 0.3x |
| Fri, 25 Oct 2024 | ฿46.3b | ฿148.0b | -฿2,330,958,497.00 | 15.3x | -19.9x | 0.3x |
| Sun, 22 Sep 2024 | ฿47.0b | ฿148.1b | -฿2,228,235,745.00 | 16x | -21.1x | 0.3x |
| Tue, 20 Aug 2024 | ฿42.2b | ฿148.1b | -฿2,228,235,750.00 | 14.4x | -18.9x | 0.3x |
| Thu, 18 Jul 2024 | ฿46.3b | ฿153.5b | -฿1,610,802,594.00 | 16.3x | -28.7x | 0.3x |
| Sat, 15 Jun 2024 | ฿47.5b | ฿153.5b | -฿1,612,531,594.00 | 16.5x | -29.5x | 0.3x |
| Mon, 13 May 2024 | ฿50.7b | ฿154.9b | -฿812,478,019.00 | 19.2x | -62.4x | 0.3x |
| Wed, 10 Apr 2024 | ฿50.1b | ฿158.5b | -฿555,219,190.00 | 14.3x | -90.3x | 0.3x |
| Fri, 08 Mar 2024 | ฿50.0b | ฿159.1b | ฿136.7m | 14.5x | 365.4x | 0.3x |
| Sun, 04 Feb 2024 | ฿52.6b | ฿162.0b | -฿4,830,895,017.00 | 12.4x | -10.9x | 0.3x |
| Tue, 02 Jan 2024 | ฿52.6b | ฿163.4b | -฿4,821,463,017.00 | 12.7x | -10.9x | 0.3x |
| Thu, 30 Nov 2023 | ฿52.2b | ฿163.4b | -฿4,831,462,017.00 | 12.8x | -10.8x | 0.3x |
| Sat, 28 Oct 2023 | ฿50.6b | ฿164.4b | -฿6,574,344,362.00 | 21.4x | -7.7x | 0.3x |
| Mon, 25 Sep 2023 | ฿57.6b | ฿165.9b | -฿6,435,843,600.00 | 21.7x | -9x | 0.3x |
| Wed, 23 Aug 2023 | ฿54.5b | ฿166.0b | -฿6,435,843,602.00 | 21.6x | -8.5x | 0.3x |
| Fri, 21 Jul 2023 | ฿55.9b | ฿171.8b | -฿5,196,956,029.00 | 18.1x | -10.8x | 0.3x |
| Sun, 18 Jun 2023 | ฿60.4b | ฿174.3b | -฿4,662,776,029.00 | 15.7x | -13x | 0.3x |
| Tue, 16 May 2023 | ฿63.0b | ฿179.7b | -฿2,880,614,785.00 | 15.8x | -21.9x | 0.4x |
| Thu, 13 Apr 2023 | ฿67.2b | ฿182.5b | -฿2,226,617,745.00 | 19.6x | -30.2x | 0.4x |
| Sat, 11 Mar 2023 | ฿69.3b | ฿186.9b | ฿3.5b | 13.8x | 20x | 0.4x |
| Mon, 06 Feb 2023 | ฿78.0b | ฿187.1b | ฿5.3b | 11.7x | 14.8x | 0.4x |
| Wed, 04 Jan 2023 | ฿72.9b | ฿188.3b | ฿5.9b | 10x | 12.3x | 0.4x |
| Fri, 02 Dec 2022 | ฿71.1b | ฿188.4b | ฿6.2b | 10.5x | 11.6x | 0.4x |
| Sun, 30 Oct 2022 | ฿74.7b | ฿191.0b | ฿11.1b | 7.6x | 6.7x | 0.4x |
| Tue, 27 Sep 2022 | ฿80.1b | ฿191.3b | ฿12.0b | 7.8x | 6.7x | 0.4x |
| Thu, 25 Aug 2022 | ฿77.3b | ฿191.3b | ฿12.0b | 7.8x | 6.5x | 0.4x |
| Sat, 23 Jul 2022 | ฿76.5b | ฿188.0b | ฿15.2b | 6.9x | 5x | 0.4x |
| Mon, 20 Jun 2022 | ฿85.8b | ฿188.0b | ฿15.2b | 7.4x | 5.6x | 0.5x |
| Wed, 18 May 2022 | ฿89.8b | ฿186.7b | ฿14.2b | 7.7x | 6.3x | 0.5x |
| Fri, 15 Apr 2022 | ฿103.1b | ฿177.1b | ฿15.4b | 6.9x | 6.7x | 0.6x |
| Sun, 13 Mar 2022 | ฿110.1b | ฿177.1b | ฿15.4b | 7.4x | 7.2x | 0.6x |
| Tue, 08 Feb 2022 | ฿99.9b | ฿163.2b | ฿13.1b | 6.8x | 7.6x | 0.6x |
Price to Earnings Ratio
7.6x
Current Industry PE
- Investors are pessimistic on the Thai Steel 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 0.37x.
Past Earnings Growth
- Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 4.6% per year, which is driving profits down.
Industry Comparison
How does Thai Steel compare with similar industries?
| TH Market | -2.95% | |
| Materials | -1.85% | |
| Metals and Mining | -1.69% | |
| Steel | -1.90% | |
| Diversified Metals and Mining | 6.58% | |
| Copper | 0% | 0 |
| Gold | 0% | 0 |
| Precious Metals and Minerals | 0% | 0 |
| Silver | 0% | 0 |
| Aluminum | -0.63% | |
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 | |
|---|---|---|---|---|---|
| TGPRO Thai-German Products | ฿0.08 | 14.3% +฿47.2m | -46.7% | PS0.3x | |
| SSSC Siam Steel Service Center | ฿2.06 | 1.0% +฿12.8m | -30.4% | PE6.9x | |
| TYCN Tycoons Worldwide Group (Thailand) | ฿1.85 | 1.1% +฿11.9m | -28.8% | PS0.3x | |
| BSBM Bangsaphan Barmill | ฿0.72 | 1.4% +฿11.2m | 2.9% | PS1.8x | |
| AMC Asia Metal | ฿1.97 | 1.0% +฿9.6m | -39.6% | PE3.7x |