Thai (SET) Industrial REITs Industry Analysis
UpdatedJul 24, 2024
DataAggregated Company Financials
Companies10
- 7D2.8%
- 3M-2.6%
- 1Y-12.3%
- YTD-7.1%
Over the last 7 days, the Industrial REITs industry has risen 3.1%, driven by gains from WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust of 2.8%. In the past year, the industry is down 13%. As for the next few years, earnings are expected to grow by 5.7% per annum.
Industry Valuation and Performance
Has the Thai Industrial REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | ฿88.1b | ฿10.9b | ฿6.6b | 11.6x | 13.4x | 8.1x |
| Sat, 22 Jun 2024 | ฿78.5b | ฿10.9b | ฿6.6b | 11.1x | 12x | 7.2x |
| Mon, 20 May 2024 | ฿87.7b | ฿11.1b | ฿6.7b | 12.1x | 13x | 7.9x |
| Wed, 17 Apr 2024 | ฿91.3b | ฿11.1b | ฿6.8b | 12.2x | 13.5x | 8.3x |
| Fri, 15 Mar 2024 | ฿92.7b | ฿11.1b | ฿6.8b | 12.6x | 13.7x | 8.4x |
| Sun, 11 Feb 2024 | ฿92.2b | ฿10.7b | ฿7.6b | 12x | 12.1x | 8.6x |
| Tue, 09 Jan 2024 | ฿96.9b | ฿10.7b | ฿7.7b | 12.2x | 12.6x | 9.1x |
| Thu, 07 Dec 2023 | ฿86.7b | ฿10.7b | ฿7.7b | 11.4x | 11.3x | 8.1x |
| Sat, 04 Nov 2023 | ฿85.5b | ฿10.5b | ฿7.4b | 11.7x | 11.5x | 8.1x |
| Mon, 02 Oct 2023 | ฿91.0b | ฿10.5b | ฿7.4b | 12.5x | 12.2x | 8.7x |
| Wed, 30 Aug 2023 | ฿95.0b | ฿10.5b | ฿7.4b | 13x | 12.8x | 9x |
| Fri, 28 Jul 2023 | ฿96.0b | ฿10.3b | ฿7.2b | 13.4x | 13.3x | 9.3x |
| Sun, 25 Jun 2023 | ฿95.5b | ฿10.3b | ฿7.2b | 13.5x | 13.2x | 9.3x |
| Tue, 23 May 2023 | ฿98.4b | ฿10.3b | ฿7.2b | 13.2x | 13.6x | 9.6x |
| Thu, 20 Apr 2023 | ฿97.8b | ฿10.1b | ฿7.1b | 12.6x | 13.8x | 9.7x |
Price to Earnings Ratio
14.4x
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 industry is trading close to its 3-year average PS ratio of 8.5x.
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 | -1.59% | |
| Real Estate | -1.19% | |
| Industrial REITs | 2.83% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FTREIT Ticon Freehold and Leasehold Real Estate Investment Trust | ฿9.55 | 3.2% +฿985.0m | -13.2% | PB0.9x | |
| WHART WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust | ฿9.20 | 2.8% +฿867.2m | -13.2% | PB0.8x | |
| AIMIRT AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust | ฿11.00 | 4.8% +฿395.8m | 0.9% | PB1.2x | |
| WHAIR WHA Industrial Leasehold Real Estate Investment Trust | ฿5.90 | 4.4% +฿237.4m | -15.1% | PB0.7x |