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Thai (SET) Industrial REITs Industry Analysis

UpdatedJun 22, 2024
DataAggregated Company Financials
Companies10
  • 7D-2.0%
  • 3M-13.9%
  • 1Y-21.2%
  • YTD-17.2%

Over the last 7 days, the Industrial REITs industry has dropped 3.7%, driven by a pullback from Ticon Freehold and Leasehold Real Estate Investment Trust of 2.4%. Overall the industry is down 22% in 12 months. Earnings are forecast to grow by 7.6% annually.

Industry Valuation and Performance

Has the Thai Industrial REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Jun 2024฿78.5b฿10.9b฿6.6b11.1x12x7.2x
Mon, 20 May 2024฿87.7b฿11.1b฿6.7b12.1x13x7.9x
Wed, 17 Apr 2024฿91.3b฿11.1b฿6.8b12.2x13.5x8.3x
Fri, 15 Mar 2024฿92.7b฿11.1b฿6.8b12.6x13.7x8.4x
Sun, 11 Feb 2024฿92.2b฿10.7b฿7.6b12x12.1x8.6x
Tue, 09 Jan 2024฿96.9b฿10.7b฿7.7b12.2x12.6x9.1x
Thu, 07 Dec 2023฿86.7b฿10.7b฿7.7b11.4x11.3x8.1x
Sat, 04 Nov 2023฿85.5b฿10.5b฿7.4b11.7x11.5x8.1x
Mon, 02 Oct 2023฿91.0b฿10.5b฿7.4b12.5x12.2x8.7x
Wed, 30 Aug 2023฿95.0b฿10.5b฿7.4b13x12.8x9x
Fri, 28 Jul 2023฿96.0b฿10.3b฿7.2b13.4x13.3x9.3x
Sun, 25 Jun 2023฿95.5b฿10.3b฿7.2b13.5x13.2x9.3x
Tue, 23 May 2023฿98.4b฿10.3b฿7.2b13.2x13.6x9.6x
Thu, 20 Apr 2023฿97.8b฿10.1b฿7.1b12.6x13.8x9.7x
Price to Earnings Ratio

14.4x


Total Market Cap: ฿99.3bTotal Earnings: ฿6.9bTotal Revenue: ฿10.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Industrial REITs Industry Price to Earnings3Y Average 12.5xAprilJulyOctober2024April
Current Industry PE
  • Investors are relatively neutral on the Thai Industrial REITs 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 12.5x.
  • The 3-year average PS ratio of 8.5x is higher than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • The earnings for companies in the Industrial REITs industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Thai Real Estate industry?

TH Market-0.021%
Real Estate-1.10%
Industrial REITs-2.01%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
HYDROGEN Hydrogen Freehold and Leasehold Real Estate Investment Trust฿8.853.5%
+฿62.3m
-11.5%PB1x
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