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Thai (SET) Packaging Industry Analysis

UpdatedMar 24, 2023
DataAggregated Company Financials
Companies23
  • 7D-0.4%
  • 3M-13.3%
  • 1Y-15.9%
  • YTD-15.5%

Last week, the Packaging industry hasn't moved much but S. Pack & Print is up 35% in that time. Unfortunately though, the industry is down 16% over the past 12 months. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Mar 2023฿286.2b฿258.5b฿13.8b12.4x20.8x1.1x
Sun, 19 Feb 2023฿308.8b฿259.4b฿14.6b12.1x21.1x1.2x
Tue, 17 Jan 2023฿332.4b฿260.3b฿17.5b12.3x19x1.3x
Thu, 15 Dec 2022฿344.2b฿262.6b฿17.3b12.6x19.9x1.3x
Sat, 12 Nov 2022฿342.3b฿259.3b฿17.3b12.8x19.8x1.3x
Mon, 10 Oct 2022฿321.8b฿251.4b฿17.0b12.9x18.9x1.3x
Wed, 07 Sep 2022฿330.1b฿251.4b฿17.0b15.1x19.4x1.3x
Fri, 05 Aug 2022฿333.1b฿244.8b฿16.4b14.5x20.3x1.4x
Sun, 03 Jul 2022฿336.5b฿236.7b฿16.8b13.4x20x1.4x
Tue, 31 May 2022฿343.0b฿236.2b฿16.7b14.1x20.6x1.5x
Thu, 28 Apr 2022฿336.2b฿219.5b฿16.6b14.7x20.3x1.5x
Sat, 26 Mar 2022฿339.8b฿219.5b฿16.6b16.5x20.5x1.5x
Mon, 21 Feb 2022฿372.5b฿215.2b฿16.8b15.8x22.2x1.7x
Wed, 19 Jan 2022฿365.5b฿201.0b฿15.6b13.6x23.5x1.8x
Fri, 17 Dec 2021฿374.3b฿201.0b฿15.6b13.1x24.1x1.9x
Sun, 14 Nov 2021฿373.5b฿199.8b฿15.0b13.4x24.8x1.9x
Tue, 12 Oct 2021฿366.5b฿188.9b฿14.8b14.6x24.7x1.9x
Thu, 09 Sep 2021฿387.0b฿188.9b฿14.8b14.4x26.1x2x
Sat, 07 Aug 2021฿384.7b฿188.9b฿14.8b14.4x25.9x2x
Fri, 30 Apr 2021฿345.6b฿177.0b฿15.0b13.7x23x2x
Mon, 01 Feb 2021฿292.0b฿173.7b฿13.9b10.9x21x1.7x
Thu, 05 Nov 2020฿234.2b฿173.6b฿13.2b11.1x17.7x1.3x
Sun, 09 Aug 2020฿81.1b฿80.6b฿6.9b11.4x11.8x1x
Sat, 02 May 2020฿61.0b฿81.9b฿5.8b10.3x10.6x0.7x
Price to Earnings Ratio

8.4x


Total Market Cap: ฿48.1bTotal Earnings: ฿5.8bTotal Revenue: ฿81.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Packaging Industry Price to Earnings3Y Average 19.4x202120222023
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 19.4x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Packaging industry have grown 34% per year over the last three years.
  • Revenues for these companies have grown 47% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Thai Materials industry?

TH Market2.44%
Materials1.48%
Packaging-0.40%
Metal and Glass Containers0.93%
Paper Packaging-0.59%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry which is trading above its 3-year average PE ratio of 20.8x.
    • Analysts are expecting annual earnings growth of 21.3%, which is higher than its past year's earnings decline of 12.7% per year.
  • Investors are most pessimistic about the Metal and Glass Containers industry, which is trading below its 3-year average of 12.8x.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SCGP SCG Packaging฿47.002.2%
+฿4.3b		-16.8%PE34.8x
SPACK S. Pack & Print฿3.3635.5%
+฿264.0m		37.7%PE147.3x
TPAC Thai Plaspac฿15.505.4%
+฿261.2m		17.4%PE15.9x
AJ A.J. Plast฿10.703.9%
+฿176.0m		-37.4%PE159x
BGC BG Container Glass฿9.952.1%
+฿138.9m		-1.5%PE13.6x
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Latest News

STP

฿10.50

Sahathai Printing & Packaging

7D

-4.5%

1Y

n/a

TPLAS

฿2.38

Thai Plastic Industrial (1994)

7D

4.4%

1Y

-32.4%

TMD

฿22.80

Thai Metal Drum Manufacturing

7D

-0.9%

1Y

-8.8%

AJ

฿10.70

A.J. Plast

7D

3.9%

1Y

-37.4%

UTP

฿14.10

United Paper

7D

-1.4%

1Y

-13.0%

SMPC

฿12.40

Sahamitr Pressure Container

7D

1.6%

1Y

-8.8%

SCGP

฿47.00

SCG Packaging

7D

2.2%

1Y

-16.8%

THIP

฿33.25

Thantawan Industry

7D

1.5%

1Y

-14.7%

TCOAT

฿24.80

Thai Coating Industrial

7D

-7.3%

1Y

-13.7%

PJW

฿4.34

Panjawattana Plastic

7D

-0.5%

1Y

-6.2%

TPAC

฿15.50

Thai Plaspac

7D

5.4%

1Y

17.4%

SPACK

฿3.36

S. Pack & Print

7D

35.5%

1Y

37.7%

CSC

฿46.75

Crown Seal

7D

-0.5%

1Y

-1.6%

BGC

฿9.95

BG Container Glass

7D

2.1%

1Y

-1.5%

ALUCON

฿184.00

Alucon

7D

-3.7%

1Y

-5.2%