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Thai (SET) Steel Industry Analysis
UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies24
- 7D-0.6%
- 3M-19.8%
- 1Y-33.8%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably M.C.S. Steel gained 9.2%. Unfortunately though, the industry is down 33% over the past 12 months.
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 |
|---|---|---|---|---|---|---|
| Sun, 16 Feb 2025 | ฿35.3b | ฿142.6b | -฿6,036,372,441.00 | 12.4x | -5.9x | 0.2x |
| Tue, 14 Jan 2025 | ฿37.0b | ฿141.4b | -฿6,524,410,769.00 | 20.3x | -5.7x | 0.3x |
| Thu, 12 Dec 2024 | ฿42.9b | ฿140.7b | -฿6,510,329,615.00 | 23.6x | -6.6x | 0.3x |
| Sat, 09 Nov 2024 | ฿46.3b | ฿148.0b | -฿2,425,338,199.00 | 15.2x | -19.1x | 0.3x |
| Mon, 07 Oct 2024 | ฿49.6b | ฿148.1b | -฿2,229,144,497.00 | 15.5x | -22.2x | 0.3x |
| Wed, 04 Sep 2024 | ฿44.4b | ฿148.1b | -฿2,228,235,745.00 | 14.5x | -19.9x | 0.3x |
| Fri, 02 Aug 2024 | ฿43.4b | ฿154.1b | -฿1,570,384,594.00 | 16x | -27.7x | 0.3x |
| Sun, 30 Jun 2024 | ฿47.5b | ฿153.5b | -฿1,610,802,594.00 | 16.5x | -29.5x | 0.3x |
| Tue, 28 May 2024 | ฿50.2b | ฿153.4b | -฿1,699,048,784.00 | 16.9x | -29.5x | 0.3x |
| Thu, 25 Apr 2024 | ฿50.9b | ฿157.9b | -฿464,618,232.00 | 14.1x | -109.5x | 0.3x |
| Sat, 23 Mar 2024 | ฿52.2b | ฿158.5b | -฿555,219,190.00 | 15x | -94.1x | 0.3x |
| Mon, 19 Feb 2024 | ฿52.2b | ฿159.8b | -฿4,218,635,970.00 | 14.2x | -12.4x | 0.3x |
| Wed, 17 Jan 2024 | ฿55.1b | ฿162.0b | -฿4,830,895,017.00 | 12.8x | -11.4x | 0.3x |
| Fri, 15 Dec 2023 | ฿51.3b | ฿163.4b | -฿4,831,462,017.00 | 12.8x | -10.6x | 0.3x |
| Sun, 12 Nov 2023 | ฿51.0b | ฿164.0b | -฿5,639,552,141.00 | 15.9x | -9.1x | 0.3x |
| Tue, 10 Oct 2023 | ฿53.3b | ฿165.9b | -฿6,437,714,362.00 | 21.6x | -8.3x | 0.3x |
| Thu, 07 Sep 2023 | ฿59.5b | ฿165.9b | -฿6,435,843,600.00 | 21.7x | -9.2x | 0.4x |
| Sat, 05 Aug 2023 | ฿55.8b | ฿171.8b | -฿5,196,956,029.00 | 18.1x | -10.7x | 0.3x |
| Mon, 03 Jul 2023 | ฿56.4b | ฿174.3b | -฿4,662,776,029.00 | 14.6x | -12.1x | 0.3x |
| Wed, 31 May 2023 | ฿60.1b | ฿174.3b | -฿4,647,037,029.00 | 16.1x | -12.9x | 0.3x |
| Fri, 28 Apr 2023 | ฿63.5b | ฿181.2b | -฿2,363,906,785.00 | 18.9x | -26.9x | 0.4x |
| Sun, 26 Mar 2023 | ฿67.4b | ฿182.5b | -฿2,222,928,745.00 | 19.3x | -30.3x | 0.4x |
| Tue, 21 Feb 2023 | ฿74.7b | ฿187.0b | ฿5.2b | 12.5x | 14.3x | 0.4x |
| Thu, 19 Jan 2023 | ฿78.0b | ฿188.3b | ฿5.9b | 10.4x | 13.1x | 0.4x |
| Sat, 17 Dec 2022 | ฿71.1b | ฿188.3b | ฿5.9b | 9.9x | 12x | 0.4x |
| Mon, 14 Nov 2022 | ฿74.7b | ฿191.0b | ฿11.1b | 7.5x | 6.7x | 0.4x |
| Wed, 12 Oct 2022 | ฿75.3b | ฿191.3b | ฿12.0b | 7.6x | 6.3x | 0.4x |
| Fri, 09 Sep 2022 | ฿78.1b | ฿191.3b | ฿12.0b | 7.9x | 6.5x | 0.4x |
| Sun, 07 Aug 2022 | ฿78.0b | ฿188.8b | ฿15.0b | 7x | 5.2x | 0.4x |
| Tue, 05 Jul 2022 | ฿80.9b | ฿188.0b | ฿15.2b | 7.4x | 5.3x | 0.4x |
| Thu, 02 Jun 2022 | ฿94.8b | ฿188.0b | ฿15.2b | 8.2x | 6.2x | 0.5x |
| Sat, 30 Apr 2022 | ฿99.7b | ฿178.7b | ฿15.2b | 6.7x | 6.5x | 0.6x |
| Mon, 28 Mar 2022 | ฿105.4b | ฿177.1b | ฿15.4b | 7.3x | 6.8x | 0.6x |
| Wed, 23 Feb 2022 | ฿107.8b | ฿166.9b | ฿13.3b | 6.8x | 8.1x | 0.6x |
Price to Earnings Ratio
8.1x
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 5.0% per year, which is driving profits down.
Industry Comparison
How does Thai Steel compare with similar industries?
| TH Market | -0.76% | |
| Materials | -1.14% | |
| Metals and Mining | -0.61% | |
| Steel | -0.61% | |
| Aluminum | 1.87% | |
| Copper | 0% | 0 |
| Gold | 0% | 0 |
| Precious Metals and Minerals | 0% | 0 |
| Silver | 0% | 0 |
| Diversified Metals and Mining | -2.78% | |
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 | |
|---|---|---|---|---|---|
| MCS M.C.S. Steel | ฿6.45 | 9.3% +฿262.4m | 0.8% | PE6.5x | |
| INOX POSCO-Thainox | ฿0.44 | 4.8% +฿155.9m | -22.8% | PE9.8x | |
| 2S 2S Metal | ฿2.46 | 4.2% +฿55.0m | -20.6% | PE43.1x | |
| SSSC Siam Steel Service Center | ฿2.06 | 3.5% +฿44.8m | -30.9% | PE6.9x | |
| CITY City Steel | ฿1.72 | 6.8% +฿33.0m | -20.4% | PS7.8x |