Narrative Update • May 19
Have your own idea? Try our Stock Screener
- 7D0.9%
- 3M10.7%
- 1Y24.8%
- YTD28.1%
Last week, the Packaging industry hasn't moved much but Polyplex (Thailand) is up 12% in that time. The past year has been better, since the industry has gained 25% in that time. Earnings are forecast to grow by 8.7% annually.
Industry Valuation and Performance
Has the Thai Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 May 2026 | ฿161.4b | ฿221.4b | ฿9.0b | 9.3x | 17.9x | 0.7x |
| Sat, 25 Apr 2026 | ฿147.4b | ฿225.8b | ฿8.1b | 9.2x | 18.1x | 0.7x |
| Mon, 23 Mar 2026 | ฿134.3b | ฿222.7b | ฿8.0b | 9.4x | 16.8x | 0.6x |
| Wed, 18 Feb 2026 | ฿141.9b | ฿223.7b | ฿7.8b | 9.9x | 18.3x | 0.6x |
| Fri, 16 Jan 2026 | ฿140.5b | ฿225.8b | ฿6.8b | 9.2x | 20.8x | 0.6x |
| Sun, 14 Dec 2025 | ฿119.7b | ฿225.8b | ฿6.8b | 9.2x | 17.7x | 0.5x |
| Tue, 11 Nov 2025 | ฿128.3b | ฿227.7b | ฿7.3b | 9.4x | 17.7x | 0.6x |
| Thu, 09 Oct 2025 | ฿131.9b | ฿235.6b | ฿8.7b | 9.3x | 15.2x | 0.6x |
| Sat, 06 Sep 2025 | ฿131.4b | ฿235.6b | ฿8.7b | 9.4x | 15.2x | 0.6x |
| Mon, 04 Aug 2025 | ฿130.5b | ฿229.8b | ฿7.7b | 8.6x | 17x | 0.6x |
| Wed, 02 Jul 2025 | ฿126.4b | ฿234.2b | ฿8.2b | 8.5x | 15.4x | 0.5x |
| Fri, 30 May 2025 | ฿127.3b | ฿234.3b | ฿8.2b | 8.6x | 15.5x | 0.5x |
| Sun, 27 Apr 2025 | ฿114.5b | ฿235.7b | ฿9.6b | 8.5x | 12x | 0.5x |
| Tue, 25 Mar 2025 | ฿121.9b | ฿235.7b | ฿9.6b | 8.4x | 12.7x | 0.5x |
| Thu, 20 Feb 2025 | ฿124.4b | ฿235.3b | ฿10.0b | 8.3x | 12.4x | 0.5x |
| Sat, 18 Jan 2025 | ฿128.2b | ฿235.1b | ฿10.9b | 9x | 11.7x | 0.5x |
| Mon, 16 Dec 2024 | ฿152.0b | ฿235.1b | ฿10.9b | 9.4x | 13.9x | 0.6x |
| Wed, 13 Nov 2024 | ฿164.3b | ฿233.6b | ฿10.9b | 10.4x | 15x | 0.7x |
| Fri, 11 Oct 2024 | ฿187.3b | ฿231.4b | ฿11.7b | 10.9x | 16x | 0.8x |
| Sun, 08 Sep 2024 | ฿186.3b | ฿231.4b | ฿11.7b | 10.8x | 15.9x | 0.8x |
| Tue, 06 Aug 2024 | ฿176.9b | ฿229.8b | ฿11.0b | 11x | 16.2x | 0.8x |
| Thu, 04 Jul 2024 | ฿206.9b | ฿227.8b | ฿11.0b | 11.5x | 18.8x | 0.9x |
| Sat, 01 Jun 2024 | ฿209.1b | ฿227.8b | ฿11.0b | 11.3x | 19.1x | 0.9x |
| Mon, 29 Apr 2024 | ฿201.6b | ฿227.2b | ฿10.1b | 13.6x | 20x | 0.9x |
| Wed, 27 Mar 2024 | ฿189.4b | ฿227.0b | ฿9.6b | 13.4x | 19.8x | 0.8x |
| Fri, 23 Feb 2024 | ฿195.1b | ฿103.4b | ฿6.5b | 15.4x | 30.2x | 1.9x |
| Sun, 21 Jan 2024 | ฿203.7b | ฿230.1b | ฿8.2b | 14.7x | 24.8x | 0.9x |
| Tue, 19 Dec 2023 | ฿222.7b | ฿230.1b | ฿8.2b | 14.6x | 27.1x | 1x |
| Thu, 16 Nov 2023 | ฿227.4b | ฿244.6b | ฿8.7b | 15.4x | 26.1x | 0.9x |
| Sat, 14 Oct 2023 | ฿220.5b | ฿241.2b | ฿9.5b | 12.6x | 23.3x | 0.9x |
| Mon, 11 Sep 2023 | ฿243.0b | ฿241.2b | ฿9.5b | 14.3x | 25.6x | 1x |
| Wed, 09 Aug 2023 | ฿242.5b | ฿245.8b | ฿11.1b | 12.6x | 21.8x | 1x |
| Fri, 07 Jul 2023 | ฿224.4b | ฿252.1b | ฿11.5b | 12.5x | 19.5x | 0.9x |
| Sun, 04 Jun 2023 | ฿244.7b | ฿252.1b | ฿11.5b | 12.4x | 21.2x | 1x |
Price to Earnings Ratio
21.2x
Current Industry PE
- Investors are relatively neutral on the Thai Packaging industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 18.3x.
- The industry is trading close to its 3-year average PS ratio of 0.74x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have declined 7.8% per year over the last three years,
- Revenues have also declined 4.2% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Thai Materials industry?
| TH Market | 2.81% | |
| Materials | -0.063% | |
| Packaging | 0.90% | |
| Paper Packaging | 0.98% | |
| Metal and Glass Containers | 0.56% | |
Industry PE
- Investors are most optimistic about the Paper Packaging industry, which is trading close to its 3-year average PE ratio of 22.0x.
- Analysts are expecting annual earnings growth of 8.7%, which is higher than its past year's earnings growth of 2.0% per year.
- Investors are most pessimistic about the Metal and Glass Containers industry, which is trading close to its 3-year average of 10.8x.
Forecasted Growth
- Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 8.7% over the next 5 years.
- This is better than its past earnings growth rate of 2.0% per year.
- In contrast, the Paper Packaging industry is expected to see its earnings grow by 8.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PTL Polyplex (Thailand) | ฿10.00 | 11.7% +฿945.0m | -3.8% | PS0.4x | |
| SCGP SCG Packaging | ฿23.90 | 0.8% +฿858.6m | 41.4% | PE21.7x | |
| UTP United Paper | ฿8.05 | 4.5% +฿227.5m | 3.9% | PE9.5x | |
| AJ A.J. Plast | ฿3.24 | 13.3% +฿226.7m | 29.6% | PS0.3x | |
| ALUCON Alucon | ฿242.00 | 2.1% +฿216.0m | 41.1% | PE9.7x |