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Thai (SET) Steel Industry Analysis

UpdatedApr 15, 2024
DataAggregated Company Financials
Companies24
  • 7D1.7%
  • 3M-8.3%
  • 1Y-25.0%
  • YTDn/a

In the last week, the Steel industry is up 1.7%, with Tata Steel (Thailand) up 4.2%. During this same period, the TMT Steel underperformed, falling 5.2%. In the past year, the industry is down 25%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Apr 2024฿50.7b฿158.5b-฿555,219,190.0014.3x-91.4x0.3x
Wed, 13 Mar 2024฿49.9b฿158.6b฿136.7m14.5x365.1x0.3x
Fri, 09 Feb 2024฿52.4b฿162.0b-฿4,830,895,017.0012.3x-10.8x0.3x
Sun, 07 Jan 2024฿54.5b฿163.4b-฿4,821,463,017.0013x-11.3x0.3x
Tue, 05 Dec 2023฿52.0b฿163.4b-฿4,831,462,017.0012.9x-10.8x0.3x
Thu, 02 Nov 2023฿50.6b฿164.4b-฿6,574,344,362.0021x-7.7x0.3x
Sat, 30 Sep 2023฿55.8b฿165.9b-฿6,435,843,600.0021.5x-8.7x0.3x
Mon, 28 Aug 2023฿56.8b฿165.9b-฿6,435,843,600.0021.7x-8.8x0.3x
Wed, 26 Jul 2023฿56.2b฿171.8b-฿5,196,956,029.0018.1x-10.8x0.3x
Fri, 23 Jun 2023฿58.4b฿174.3b-฿4,662,776,029.0015.6x-12.5x0.3x
Sun, 21 May 2023฿60.7b฿172.9b-฿4,622,123,387.0014.6x-13.1x0.4x
Tue, 18 Apr 2023฿67.4b฿182.5b-฿2,226,617,745.0018.9x-30.3x0.4x
Thu, 16 Mar 2023฿66.5b฿182.5b-฿2,222,928,745.0019.6x-29.9x0.4x
Sat, 11 Feb 2023฿76.3b฿187.1b฿5.3b11.5x14.5x0.4x
Mon, 09 Jan 2023฿72.9b฿188.3b฿5.9b10.1x12.3x0.4x
Wed, 07 Dec 2022฿70.3b฿188.3b฿6.0b10x11.8x0.4x
Fri, 04 Nov 2022฿75.6b฿191.0b฿11.1b7.5x6.8x0.4x
Sun, 02 Oct 2022฿77.0b฿191.3b฿12.0b7.6x6.4x0.4x
Tue, 30 Aug 2022฿76.8b฿191.3b฿12.0b7.7x6.4x0.4x
Thu, 28 Jul 2022฿77.7b฿188.8b฿15.0b7.1x5.2x0.4x
Sat, 25 Jun 2022฿84.2b฿188.0b฿15.2b7.5x5.5x0.4x
Mon, 23 May 2022฿90.1b฿189.2b฿15.2b7.5x5.9x0.5x
Wed, 20 Apr 2022฿106.2b฿177.1b฿15.4b6.9x6.9x0.6x
Fri, 18 Mar 2022฿108.4b฿177.1b฿15.4b7.2x7x0.6x
Sun, 13 Feb 2022฿102.2b฿163.2b฿13.1b6.8x7.8x0.6x
Tue, 11 Jan 2022฿102.5b฿161.0b฿12.4b6.5x8.2x0.6x
Thu, 09 Dec 2021฿98.0b฿161.0b฿12.4b6.1x7.9x0.6x
Sat, 06 Nov 2021฿94.4b฿150.4b฿9.3b8x10.2x0.6x
Mon, 04 Oct 2021฿97.1b฿147.4b฿8.5b8.8x11.4x0.7x
Wed, 01 Sep 2021฿102.5b฿174.5b฿9.2b7.8x11.2x0.6x
Thu, 08 Jul 2021฿97.6b฿174.5b฿9.2b7.1x10.7x0.6x
Price to Earnings Ratio

25.3x


Total Market Cap: ฿110.3bTotal Earnings: ฿4.4bTotal Revenue: ฿154.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Steel Industry Price to Earnings3Y Average -9.3x202220232024
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 0.46x.
Past Earnings Growth
  • Total earnings for the Steel 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 Comparison

How does Thai Steel compare with similar industries?

TH Market1.52%
Materials2.59%
Metals and Mining1.73%
Steel1.71%
Diversified Metals and Mining2.68%
Aluminum1.53%
Copper0%
Gold0%
Precious Metals and Minerals0%
Silver0%
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?

CompanyLast Price7D1YValuation
TSTH Tata Steel (Thailand)฿0.754.2%
+฿252.6m
-31.2%PE1124.7x
MCS M.C.S. Steel฿7.055.2%
+฿167.0m
-23.8%PE20.4x
CEN Capital Engineering Network฿2.4010.1%
+฿163.9m
-22.6%PS1.5x
CHOW Chow Steel Industries฿2.885.1%
+฿112.0m
0%PE5.6x
TGPRO Thai-German Products฿0.1318.2%
+฿94.4m
-40.9%PS0.4x
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Latest News

MCS

฿7.05

M.C.S. Steel

7D

5.2%

1Y

-23.8%

INOX

฿0.49

POSCO-Thainox

7D

2.1%

1Y

-41.0%

TMT

฿5.45

TMT Steel

7D

-5.2%

1Y

-28.8%

RWI

฿0.55

Rayong Wire Industries

7D

-1.8%

1Y

-33.7%

TSTH

฿0.75

Tata Steel (Thailand)

7D

4.2%

1Y

-31.2%

2S

฿3.04

2S Metal

7D

-0.7%

1Y

-2.6%

CITY

฿2.22

City Steel

7D

-0.9%

1Y

2.8%

CHOW

฿2.88

Chow Steel Industries

7D

5.1%

1Y

0%

STPI

฿3.30

STP&I

7D

1.2%

1Y

-19.5%

TGPRO

฿0.13

Thai-German Products

7D

18.2%

1Y

-40.9%

SSSC

฿3.02

Siam Steel Service Center

7D

-1.9%

1Y

-0.7%

KCM

฿0.39

K.C. Metalsheet

7D

-2.5%

1Y

-35.0%

PAP

฿2.32

Pacific Pipe

7D

-0.9%

1Y

-27.5%

ZIGA

฿2.72

Ziga Innovation

7D

4.6%

1Y

-15.5%