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Thai (SET) Packaging Industry Analysis

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies23
  • 7D-1.3%
  • 3M7.8%
  • 1Y-14.8%
  • YTD-7.5%

Over the last 7 days, the Packaging industry has dropped 1.1%, driven by SCG Packaging declining 0.7%. The industry has fallen 14% in the last year. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024฿206.4b฿227.8b฿11.0b11.2x18.8x0.9x
Thu, 16 May 2024฿196.2b฿227.6b฿10.7b11.3x18.4x0.9x
Sat, 13 Apr 2024฿202.8b฿227.0b฿9.6b13.9x21.2x0.9x
Mon, 11 Mar 2024฿186.1b฿227.0b฿9.6b14.3x19.4x0.8x
Wed, 07 Feb 2024฿203.7b฿228.5b฿9.0b14.8x22.7x0.9x
Fri, 05 Jan 2024฿223.8b฿230.1b฿8.2b14.7x27.3x1x
Sun, 03 Dec 2023฿233.9b฿230.1b฿8.2b15.3x28.5x1x
Tue, 31 Oct 2023฿219.6b฿234.9b฿9.0b12.4x24.5x0.9x
Thu, 28 Sep 2023฿240.9b฿241.2b฿9.5b13.7x25.4x1x
Sat, 26 Aug 2023฿240.8b฿241.2b฿9.5b12.9x25.4x1x
Mon, 24 Jul 2023฿240.5b฿252.1b฿11.5b12.6x20.9x1x
Wed, 21 Jun 2023฿244.5b฿252.1b฿11.5b12.4x21.2x1x
Fri, 19 May 2023฿262.5b฿253.2b฿12.4b12.2x21.1x1x
Sun, 16 Apr 2023฿274.1b฿258.5b฿13.8b12.4x19.9x1.1x
Tue, 14 Mar 2023฿302.1b฿258.2b฿13.8b12.5x21.8x1.2x
Thu, 09 Feb 2023฿324.2b฿260.3b฿17.5b12.6x18.6x1.2x
Sat, 07 Jan 2023฿347.6b฿260.3b฿17.5b12.3x19.9x1.3x
Mon, 05 Dec 2022฿338.0b฿262.6b฿17.3b12.9x19.5x1.3x
Wed, 02 Nov 2022฿326.9b฿257.4b฿17.1b13.1x19.1x1.3x
Fri, 30 Sep 2022฿319.7b฿251.4b฿17.0b13.6x18.8x1.3x
Sun, 28 Aug 2022฿342.6b฿251.4b฿17.0b15.6x20.1x1.4x
Tue, 26 Jul 2022฿326.3b฿236.7b฿16.8b13.8x19.4x1.4x
Thu, 23 Jun 2022฿324.7b฿236.2b฿16.7b13.7x19.5x1.4x
Sat, 21 May 2022฿334.1b฿233.8b฿16.4b13.8x20.3x1.4x
Mon, 18 Apr 2022฿340.4b฿219.5b฿16.6b15.9x20.5x1.6x
Wed, 16 Mar 2022฿344.9b฿219.5b฿16.6b15.3x20.8x1.6x
Fri, 11 Feb 2022฿367.5b฿212.5b฿16.2b14.6x22.7x1.7x
Sun, 09 Jan 2022฿376.9b฿201.0b฿15.6b13.2x24.2x1.9x
Tue, 07 Dec 2021฿365.7b฿201.0b฿15.6b13x23.5x1.8x
Thu, 04 Nov 2021฿367.1b฿197.6b฿15.3b13.8x24x1.9x
Sat, 02 Oct 2021฿362.1b฿188.9b฿14.8b14.7x24.4x1.9x
Mon, 30 Aug 2021฿395.2b฿188.9b฿14.8b14.5x26.6x2.1x
Tue, 06 Jul 2021฿371.5b฿188.9b฿14.8b15.7x25x2x
Price to Earnings Ratio

25x


Total Market Cap: ฿371.5bTotal Earnings: ฿14.8bTotal Revenue: ฿188.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Packaging Industry Price to Earnings3Y Average 22.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Thai Packaging 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 18.9x which is lower than its 3-year average PE of 22.1x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the Packaging industry have declined 9.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.4% per year.
  • This means that although more sales are being generated, 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-1.70%
Materials-3.12%
Packaging-1.29%
Paper Packaging-1.29%
Metal and Glass Containers-1.34%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry even though it's trading below its 3-year average PE ratio of 25.0x.
    • Analysts are expecting annual earnings growth of 13.1%, which is lower than the prior year's growth of 19.7% per year.
  • Investors are most pessimistic about the Metal and Glass Containers industry, which is trading below its 3-year average of 12.7x.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 20% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 12% 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
PTL Polyplex (Thailand)฿11.601.8%
+฿180.0m
-16.5%PE34.7x
SITHAI Srithai Superware฿1.322.3%
+฿80.2m
2.3%PE8.7x
PJW Panjawattana Plastic฿2.702.3%
+฿37.2m
-37.2%PE10.6x
NEP NEP Realty and Industry฿0.205.3%
+฿23.3m
n/aPS3.7x
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Latest News

PTL

฿11.60

Polyplex (Thailand)

7D

1.8%

1Y

-16.5%

PJW

฿2.70

Panjawattana Plastic

7D

2.3%

1Y

-37.2%

NEP

฿0.20

NEP Realty and Industry

7D

5.3%

1Y

n/a

BGC

฿6.55

BG Container Glass

7D

-2.2%

1Y

-32.1%

AJ

฿5.60

A.J. Plast

7D

-5.9%

1Y

-42.0%

THIP

฿27.25

Thantawan Industry

7D

-1.8%

1Y

-2.7%

STP

฿13.50

Sahathai Printing & Packaging

7D

-3.6%

1Y

38.5%

TPAC

฿13.90

Thai Plaspac

7D

-3.5%

1Y

-17.3%

SITHAI

฿1.32

Srithai Superware

7D

2.3%

1Y

2.3%

SMPC

฿9.00

Sahamitr Pressure Container

7D

-4.3%

1Y

-18.9%

TPBI

฿4.00

TPBI

7D

-2.4%

1Y

7.0%

SCGP

฿33.00

SCG Packaging

7D

-1.5%

1Y

-15.4%