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Thai (SET) Packaging Industry Analysis

UpdatedAug 14, 2025
DataAggregated Company Financials
Companies23
  • 7D-2.6%
  • 3M4.6%
  • 1Y-18.9%
  • YTD-8.4%

Over the last 7 days, the Packaging industry has dropped 2.6%, driven by a pullback from SCG Packaging of 4.3%. On the other hand Sahamitr Pressure Container is actually up 8.2%. However, the industry is down 19% over the past year. Looking forward, earnings are forecast to grow by 7.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 14 Aug 2025฿131.1b฿234.4b฿9.4b9x13.9x0.6x
Sat, 12 Jul 2025฿124.4b฿234.2b฿8.2b8.5x15.1x0.5x
Mon, 09 Jun 2025฿124.3b฿234.2b฿8.2b8.6x15.1x0.5x
Wed, 07 May 2025฿115.6b฿233.9b฿8.7b8.5x13.2x0.5x
Fri, 04 Apr 2025฿110.6b฿235.7b฿9.6b8.4x11.6x0.5x
Sun, 02 Mar 2025฿114.3b฿234.7b฿10.0b9.1x11.4x0.5x
Tue, 28 Jan 2025฿129.2b฿235.1b฿10.9b9.1x11.8x0.5x
Thu, 26 Dec 2024฿146.7b฿235.1b฿10.9b9.1x13.4x0.6x
Sat, 23 Nov 2024฿166.9b฿235.1b฿11.0b9.8x15.2x0.7x
Mon, 21 Oct 2024฿181.8b฿231.4b฿11.7b10.8x15.6x0.8x
Wed, 18 Sep 2024฿185.1b฿231.4b฿11.7b11x15.8x0.8x
Fri, 16 Aug 2024฿161.4b฿231.7b฿11.7b10.2x13.8x0.7x
Sun, 14 Jul 2024฿198.9b฿227.8b฿11.0b11.4x18.1x0.9x
Tue, 11 Jun 2024฿210.4b฿227.8b฿11.0b11.2x19.2x0.9x
Thu, 09 May 2024฿203.5b฿227.3b฿10.1b13.6x20.1x0.9x
Sat, 06 Apr 2024฿191.2b฿227.0b฿9.6b13.6x20x0.8x
Mon, 04 Mar 2024฿184.2b฿227.0b฿9.6b13x19.2x0.8x
Wed, 31 Jan 2024฿204.2b฿228.5b฿9.0b14.7x22.7x0.9x
Fri, 29 Dec 2023฿221.4b฿230.1b฿8.2b14.7x27x1x
Sun, 26 Nov 2023฿230.0b฿230.1b฿8.2b15.3x28x1x
Tue, 24 Oct 2023฿213.6b฿241.2b฿9.5b12.6x22.5x0.9x
Thu, 21 Sep 2023฿239.8b฿241.2b฿9.5b14.4x25.3x1x
Sat, 19 Aug 2023฿229.3b฿241.2b฿9.5b12.8x24.2x1x
Mon, 17 Jul 2023฿243.6b฿252.1b฿11.5b12.5x21.2x1x
Wed, 14 Jun 2023฿246.0b฿252.1b฿11.5b12.7x21.4x1x
Fri, 12 May 2023฿269.3b฿255.4b฿13.2b11.9x20.4x1.1x
Sun, 09 Apr 2023฿275.9b฿258.5b฿13.8b12.2x20.1x1.1x
Tue, 07 Mar 2023฿313.9b฿257.5b฿13.8b12.6x22.8x1.2x
Thu, 02 Feb 2023฿323.6b฿260.3b฿17.5b12.8x18.5x1.2x
Sat, 31 Dec 2022฿338.1b฿260.3b฿17.5b12.3x19.3x1.3x
Mon, 28 Nov 2022฿331.8b฿262.6b฿17.3b12.4x19.2x1.3x
Wed, 26 Oct 2022฿327.7b฿251.4b฿17.0b13x19.3x1.3x
Fri, 23 Sep 2022฿336.4b฿251.4b฿17.0b15x19.8x1.3x
Sun, 21 Aug 2022฿349.1b฿251.4b฿17.0b15.7x20.5x1.4x
Price to Earnings Ratio

20.5x


Total Market Cap: ฿349.1bTotal Earnings: ฿17.0bTotal Revenue: ฿251.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Packaging Industry Price to Earnings3Y Average 19x202320242025
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 13.9x which is lower than its 3-year average PE of 19.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the Packaging industry have declined 18% per year over the last three years,
  • Revenues have also declined 2.3% 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 Market0.58%
Materials-1.24%
Packaging-2.62%
Metal and Glass Containers2.19%
Paper Packaging-3.88%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry even though it's trading below its 3-year average PE ratio of 21.9x.
    • Analysts are expecting annual earnings growth of 7.4%, which is lower than the prior year's growth of 9.0% per year.
  • Investors are most pessimistic about the Metal and Glass Containers industry, which is trading below its 3-year average of 11.3x.
Forecasted Growth
  • Analysts are most optimistic on the Metal and Glass Containers industry, expecting annual earnings growth of 9.8% over the next 5 years.
  • This is better than its past earnings decline of 0.07% per year.
  • In contrast, the Paper Packaging industry is expected to see its earnings grow by 7.4% 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
SMPC Sahamitr Pressure Container฿9.258.2%
+฿374.9m
-3.6%PE8.3x
SFLEX Starflex฿3.025.6%
+฿120.4m
-16.1%PE8x
BGC BG Container Glass฿5.103.2%
+฿111.1m
-17.7%PE14.3x
UTP United Paper฿7.752.0%
+฿97.5m
-28.2%PE8.7x
ALUCON Alucon฿177.501.1%
+฿86.4m
1.4%PE10x

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