Thai (SET) Diversified REITs Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies4
- 7D0.4%
- 3M-5.2%
- 1Y-35.9%
- YTDn/a
The Diversified REITs is pretty flat in the last 7 days, but Sri panwa Hospitality Real Estate Investment Trust has stood out, gaining 5.8%. As for the longer term, the industry has declined 36% in the last year.
Industry Valuation and Performance
Has the Thai Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | ฿5.9b | ฿1.5b | ฿158.1m | 17.5x | 37.4x | 4.1x |
| Sat, 23 Mar 2024 | ฿6.0b | ฿1.5b | ฿158.1m | 17.5x | 38.2x | 4.1x |
| Mon, 19 Feb 2024 | ฿6.2b | ฿1.4b | ฿217.6m | 9.7x | 28.3x | 4.3x |
| Wed, 17 Jan 2024 | ฿6.3b | ฿1.4b | ฿217.6m | 9.8x | 29.1x | 4.4x |
| Fri, 15 Dec 2023 | ฿6.2b | ฿1.4b | ฿217.6m | 10.4x | 28.5x | 4.3x |
| Sun, 12 Nov 2023 | ฿6.3b | ฿1.4b | ฿320.0m | 8.1x | 19.7x | 4.4x |
| Tue, 10 Oct 2023 | ฿6.5b | ฿1.4b | ฿320.0m | 8.5x | 20.3x | 4.5x |
| Thu, 07 Sep 2023 | ฿7.0b | ฿1.4b | ฿320.0m | 9.5x | 21.9x | 4.9x |
| Sat, 05 Aug 2023 | ฿8.0b | ฿1.4b | ฿430.3m | 9.5x | 18.6x | 5.6x |
| Mon, 03 Jul 2023 | ฿8.6b | ฿1.4b | ฿430.3m | 9.9x | 19.9x | 6x |
| Wed, 31 May 2023 | ฿9.1b | ฿1.4b | ฿430.3m | 11x | 21.1x | 6.4x |
| Fri, 28 Apr 2023 | ฿9.1b | ฿1.4b | ฿972.1m | 10.2x | 9.4x | 6.5x |
| Sun, 26 Mar 2023 | ฿9.3b | ฿1.4b | ฿972.1m | 10.1x | 9.6x | 6.7x |
| Tue, 21 Feb 2023 | ฿9.8b | ฿1.0b | ฿737.0m | 9.2x | 13.2x | 9.5x |
| Thu, 19 Jan 2023 | ฿10.1b | ฿1.0b | ฿737.0m | 9.8x | 13.6x | 9.8x |
| Sat, 17 Dec 2022 | ฿9.9b | ฿1.0b | ฿737.0m | 9.4x | 13.5x | 9.6x |
| Mon, 14 Nov 2022 | ฿9.9b | ฿1.0b | ฿399.2m | 9.2x | 24.9x | 9.7x |
| Wed, 12 Oct 2022 | ฿9.8b | ฿1.0b | ฿399.2m | 9.1x | 24.5x | 9.6x |
| Fri, 09 Sep 2022 | ฿9.9b | ฿1.0b | ฿399.2m | 9.1x | 24.8x | 9.7x |
| Sun, 07 Aug 2022 | ฿10.2b | ฿1.0b | ฿296.4m | 11.8x | 34.3x | 10.2x |
| Tue, 05 Jul 2022 | ฿10.1b | ฿1.0b | ฿296.4m | 11.4x | 34x | 10.1x |
| Thu, 02 Jun 2022 | ฿10.3b | ฿1.0b | ฿296.4m | 11.6x | 34.6x | 10.2x |
| Sat, 30 Apr 2022 | ฿10.2b | ฿999.6m | ฿318.3m | 11.3x | 32.1x | 10.2x |
| Mon, 28 Mar 2022 | ฿10.3b | ฿999.6m | ฿318.3m | 11.8x | 32.5x | 10.3x |
| Wed, 23 Feb 2022 | ฿10.3b | ฿1.0b | ฿169.2m | 13.3x | 61.1x | 10.3x |
| Fri, 21 Jan 2022 | ฿10.5b | ฿1.0b | -฿2,358,712.00 | 13.4x | -4456.4x | 10.4x |
| Sun, 19 Dec 2021 | ฿10.5b | ฿1.0b | -฿2,358,712.00 | 13.1x | -4455.9x | 10.4x |
| Tue, 16 Nov 2021 | ฿7.7b | ฿1.0b | ฿377.3m | 13.6x | 20.5x | 7.7x |
| Thu, 14 Oct 2021 | ฿7.5b | ฿1.0b | ฿403.9m | 12.9x | 18.6x | 7.4x |
| Sat, 11 Sep 2021 | ฿7.5b | ฿1.0b | ฿403.9m | 13.2x | 18.5x | 7.4x |
| Mon, 09 Aug 2021 | ฿7.1b | ฿1.0b | ฿403.9m | 12.4x | 17.7x | 7.1x |
| Sun, 02 May 2021 | ฿7.0b | ฿1.0b | ฿433.5m | 11.9x | 16.1x | 6.8x |
Price to Earnings Ratio
16.1x
Current Industry PE
- Investors are optimistic on the Thai Diversified REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.3x which is higher than its 3-year average PE of -334x.
- The 3-year average PS ratio of 7.6x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Diversified REITs industry have declined 29% per year over the last three years.
- Meanwhile revenues for these companies have grown 13% 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, which has decreased profits.
Industry Comparison
How does Thai Diversified REITs compare with similar industries?
| TH Market | -0.42% | |
| Real Estate | -0.79% | |
| REITS | 0.37% | |
| Diversified REITs | 0.37% | |
| Office REITs | 0.55% | |
| Healthcare REITs | 0% | |
| Industrial REITs | -0.085% | |
| Retail REITs | -0.50% | |
| Specialized REITs | -0.74% | |
| Hotel and Resort REITs | -1.74% | |
| Residential REITs | -3.37% | |
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 | |
|---|---|---|---|---|---|
| SRIPANWA Sri panwa Hospitality Real Estate Investment Trust | ฿4.72 | 4.9% +฿61.4m | -12.6% | PB0.4x | |
| KTBSTMR KTBST Mixed Freehold and Leasehold Real Estate Investment Trust | ฿6.55 | 0.8% +฿15.1m | -26.4% | PB0.6x |