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Thai (SET) Packaging Industry Analysis

UpdatedJun 21, 2025
DataAggregated Company Financials
Companies24
  • 7D-4.5%
  • 3M-1.0%
  • 1Y-42.7%
  • YTD-16.2%

Over the last 7 days, the Packaging industry has dropped 4.5%, driven by a pullback from SCG Packaging of 6.5%. Overall the industry is down 43% in 12 months. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Jun 2025฿120.7b฿234.2b฿8.2b8.5x14.7x0.5x
Tue, 20 May 2025฿124.8b฿234.5b฿8.6b8.6x14.6x0.5x
Thu, 17 Apr 2025฿109.3b฿235.7b฿9.6b8.5x11.4x0.5x
Sat, 15 Mar 2025฿126.7b฿235.7b฿9.6b8.4x13.2x0.5x
Mon, 10 Feb 2025฿123.7b฿234.5b฿9.7b8.9x12.8x0.5x
Wed, 08 Jan 2025฿142.0b฿235.1b฿10.9b9.1x13x0.6x
Fri, 06 Dec 2024฿154.9b฿235.1b฿10.9b9.3x14.1x0.7x
Sun, 03 Nov 2024฿176.7b฿233.2b฿10.9b10.8x16.2x0.8x
Tue, 01 Oct 2024฿192.7b฿231.4b฿11.7b11x16.5x0.8x
Thu, 29 Aug 2024฿173.7b฿231.4b฿11.7b11x14.9x0.8x
Sat, 27 Jul 2024฿187.9b฿229.8b฿11.0b11x17.2x0.8x
Mon, 24 Jun 2024฿209.4b฿227.8b฿11.0b11.2x19.1x0.9x
Wed, 22 May 2024฿209.0b฿227.9b฿11.0b11.7x19x0.9x
Fri, 19 Apr 2024฿199.5b฿227.0b฿9.6b13.5x20.8x0.9x
Sun, 17 Mar 2024฿191.6b฿227.0b฿9.6b14.3x20x0.8x
Tue, 13 Feb 2024฿202.7b฿228.5b฿9.0b14.9x22.6x0.9x
Thu, 11 Jan 2024฿216.8b฿230.1b฿8.2b14.6x26.4x0.9x
Sat, 09 Dec 2023฿231.0b฿230.1b฿8.2b15.1x28.1x1x
Mon, 06 Nov 2023฿225.6b฿234.9b฿9.0b12.3x25.1x1x
Wed, 04 Oct 2023฿234.5b฿241.2b฿9.5b12.8x24.7x1x
Fri, 01 Sep 2023฿249.6b฿241.2b฿9.5b13.5x26.3x1x
Sun, 30 Jul 2023฿246.3b฿246.3b฿11.1b12.6x22.1x1x
Tue, 27 Jun 2023฿227.8b฿252.1b฿11.5b12.4x19.8x0.9x
Thu, 25 May 2023฿255.1b฿252.3b฿11.5b12.3x22.1x1x
Sat, 22 Apr 2023฿260.6b฿258.5b฿13.8b12.5x18.9x1x
Mon, 20 Mar 2023฿280.0b฿258.5b฿13.8b12.6x20.3x1.1x
Wed, 15 Feb 2023฿309.5b฿260.3b฿17.5b12.5x17.7x1.2x
Fri, 13 Jan 2023฿337.9b฿260.3b฿17.5b12.5x19.3x1.3x
Sun, 11 Dec 2022฿342.7b฿262.6b฿17.3b12.8x19.8x1.3x
Tue, 08 Nov 2022฿335.2b฿257.4b฿17.1b13.7x19.6x1.3x
Thu, 06 Oct 2022฿317.3b฿251.4b฿17.0b13.4x18.6x1.3x
Sat, 03 Sep 2022฿332.5b฿251.4b฿17.0b15.3x19.5x1.3x
Mon, 01 Aug 2022฿315.9b฿244.8b฿16.4b14x19.3x1.3x
Wed, 29 Jun 2022฿339.7b฿236.7b฿16.8b13.7x20.2x1.4x
Price to Earnings Ratio

20.2x


Total Market Cap: ฿339.7bTotal Earnings: ฿16.8bTotal Revenue: ฿236.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Packaging Industry Price to Earnings3Y Average 19.2x202320242025
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 14.7x which is lower than its 3-year average PE of 19.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.95x.
Past Earnings Growth
  • The earnings for companies in the Packaging industry have declined 21% per year over the last three years.
  • 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-4.93%
Materials-5.50%
Packaging-4.49%
Metal and Glass Containers-0.60%
Paper Packaging-5.57%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry even though it's trading below its 3-year average PE ratio of 22.0x.
    • Analysts are expecting annual earnings growth of 17.8%, which is higher than its past year's earnings growth of 6.5% per year.
  • Investors are most pessimistic about the Metal and Glass Containers industry, which is trading below its 3-year average of 11.4x.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 6.5% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 6.1% 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
CSC Crown Seal฿46.004.5%
+฿104.0m
3.4%PE8.4x
SITHAI Srithai Superware฿1.080.9%
+฿26.4m
-18.2%PE12.6x
ALUCON Alucon฿173.000.3%
+฿21.6m
0.3%PE9.7x

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