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Thai (SET) REITS Industry Analysis
UpdatedJun 03, 2025
DataAggregated Company Financials
Companies5
- 7D-0.8%
- 3M-5.3%
- 1Y-4.4%
- YTD-8.2%
Over the last 7 days, the REITS industry has remained flat. Unfortunately though, the industry is down 4.4% over the past 12 months.
Industry Valuation and Performance
Has the Thai REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Jun 2025 | ฿6.5b | ฿1.5b | ฿694.7m | 7.5x | 9.4x | 4.5x |
| Thu, 01 May 2025 | ฿6.6b | ฿1.5b | ฿673.0m | 7.6x | 9.9x | 4.5x |
| Sat, 29 Mar 2025 | ฿7.0b | ฿1.5b | ฿673.0m | 7.9x | 10.4x | 4.7x |
| Mon, 24 Feb 2025 | ฿6.8b | ฿1.5b | ฿681.1m | 7.7x | 10x | 4.6x |
| Wed, 22 Jan 2025 | ฿6.1b | ฿1.5b | ฿681.1m | 7.8x | 9x | 4.2x |
| Fri, 20 Dec 2024 | ฿6.3b | ฿1.5b | ฿681.1m | 7.9x | 9.2x | 4.2x |
| Sun, 17 Nov 2024 | ฿6.6b | ฿1.5b | ฿510.7m | 7.7x | 12.9x | 4.5x |
| Tue, 15 Oct 2024 | ฿6.5b | ฿1.5b | ฿471.3m | 8.9x | 13.9x | 4.5x |
| Thu, 12 Sep 2024 | ฿6.2b | ฿1.5b | ฿471.3m | 8.8x | 13.1x | 4.2x |
| Sat, 10 Aug 2024 | ฿6.1b | ฿1.5b | ฿641.3m | 15.2x | 9.5x | 4.2x |
| Mon, 08 Jul 2024 | ฿5.8b | ฿1.5b | ฿641.3m | 14.8x | 9.1x | 4x |
| Wed, 05 Jun 2024 | ฿6.0b | ฿1.5b | ฿648.0m | 14.1x | 9.3x | 4.1x |
| Fri, 03 May 2024 | ฿6.0b | ฿1.5b | ฿158.1m | 17.8x | 38.1x | 4.1x |
| Sun, 31 Mar 2024 | ฿6.0b | ฿1.5b | ฿158.1m | 17.5x | 37.9x | 4.1x |
| Tue, 27 Feb 2024 | ฿6.1b | ฿1.4b | ฿217.6m | 9.7x | 27.9x | 4.2x |
| Thu, 25 Jan 2024 | ฿6.3b | ฿1.4b | ฿217.6m | 9.7x | 28.8x | 4.3x |
| Sat, 23 Dec 2023 | ฿6.2b | ฿1.4b | ฿217.6m | 10.5x | 28.5x | 4.3x |
| Mon, 20 Nov 2023 | ฿6.2b | ฿1.4b | ฿217.6m | 10.2x | 28.4x | 4.3x |
| Wed, 18 Oct 2023 | ฿6.5b | ฿1.4b | ฿320.0m | 8.3x | 20.2x | 4.5x |
| Fri, 15 Sep 2023 | ฿7.0b | ฿1.4b | ฿320.0m | 9.3x | 21.8x | 4.8x |
| Sun, 13 Aug 2023 | ฿7.7b | ฿1.4b | ฿318.6m | 9.9x | 24.3x | 5.4x |
| Tue, 11 Jul 2023 | ฿8.6b | ฿1.4b | ฿430.3m | 9.7x | 19.9x | 6x |
| Thu, 08 Jun 2023 | ฿9.1b | ฿1.4b | ฿430.3m | 10.9x | 21.2x | 6.4x |
| Sat, 06 May 2023 | ฿9.2b | ฿1.4b | ฿972.1m | 10.3x | 9.5x | 6.6x |
| Mon, 03 Apr 2023 | ฿9.4b | ฿1.4b | ฿972.1m | 10.2x | 9.7x | 6.7x |
| Wed, 01 Mar 2023 | ฿327.3b | ฿34.2b | ฿16.2b | 13.2x | 20.3x | 9.6x |
| Fri, 27 Jan 2023 | ฿338.1b | ฿33.5b | ฿17.5b | 13.1x | 19.3x | 10.1x |
| Sun, 25 Dec 2022 | ฿314.1b | ฿33.4b | ฿18.8b | 12.7x | 16.7x | 9.4x |
| Tue, 22 Nov 2022 | ฿307.5b | ฿33.1b | ฿18.4b | 12.7x | 16.7x | 9.3x |
| Thu, 20 Oct 2022 | ฿308.3b | ฿30.9b | ฿16.4b | 12.7x | 18.8x | 10x |
| Sat, 17 Sep 2022 | ฿308.3b | ฿30.8b | ฿16.2b | 13.4x | 19x | 10x |
| Mon, 15 Aug 2022 | ฿312.5b | ฿30.7b | ฿15.3b | 13.4x | 20.4x | 10.2x |
| Wed, 13 Jul 2022 | ฿306.1b | ฿29.3b | ฿13.8b | 13.8x | 22.2x | 10.4x |
| Fri, 10 Jun 2022 | ฿310.6b | ฿29.3b | ฿13.8b | 14.2x | 22.6x | 10.6x |
Price to Earnings Ratio
22.6x
Current Industry PE
- Investors are pessimistic on the Thai REITs 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 9.4x which is lower than its 3-year average PE of 18.1x.
- The 3-year average PS ratio of 6.1x is higher than the industry's current PS ratio of 4.5x.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 63% per year over the last three years,
- Revenues have also declined 63% 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 Real Estate industry?
| TH Market | -1.39% | |
| Real Estate | 0.02% | |
| REITS | -0.82% | |
| Residential REITs | 2.69% | |
| Specialized REITs | 2.04% | |
| Industrial REITs | 1.03% | |
| Office REITs | 0.025% | |
| Retail REITs | -0.56% | |
| Hotel and Resort REITs | -0.80% | |
| Diversified REITs | -0.82% | |
Industry PE
- Investors are most optimistic about the Residential REITs industry which is trading above its 3-year average PE ratio of 5.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Hotel and Resort REITs industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Retail REITs industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Hotel and Resort REITs industry is expected to see its earnings decline by 10% 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 | |
|---|---|---|---|---|---|
| No data available | |||||