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Thai (SET) Hotel and Resort REITs Industry Analysis
UpdatedDec 24, 2024
DataAggregated Company Financials
Companies8
- 7D-1.5%
- 3M-3.0%
- 1Y4.9%
- YTDn/a
In the last week, the Hotel and Resort REITs industry is up 1.1%, with Dusit Thani Freehold and Leasehold Real Estate Investment Trust leading the way, up 1.0%. This means that the industry has gained 8.6% over the past year. As for the next few years, earnings are forecast to decline by 5.2% per annum.
Industry Valuation and Performance
Has the Thai Hotel and Resort REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 24 Dec 2024 | ฿25.3b | ฿3.6b | ฿2.7b | 10.7x | 9.4x | 7x |
| Thu, 21 Nov 2024 | ฿25.1b | ฿3.6b | ฿2.7b | 10.7x | 9.3x | 7x |
| Sat, 19 Oct 2024 | ฿25.5b | ฿3.3b | ฿2.8b | 9.9x | 9.1x | 7.7x |
| Mon, 16 Sep 2024 | ฿25.1b | ฿3.3b | ฿2.8b | 9.8x | 9x | 7.5x |
| Wed, 14 Aug 2024 | ฿23.2b | ฿3.0b | ฿2.8b | 7.9x | 8.4x | 7.8x |
| Fri, 12 Jul 2024 | ฿22.4b | ฿3.0b | ฿2.8b | 7.6x | 8.1x | 7.5x |
| Sun, 09 Jun 2024 | ฿24.1b | ฿2.8b | ฿2.7b | 8.3x | 8.9x | 8.7x |
| Tue, 07 May 2024 | ฿26.6b | ฿3.0b | ฿2.6b | 9.6x | 10.4x | 8.9x |
| Thu, 04 Apr 2024 | ฿27.4b | ฿3.0b | ฿2.6b | 9.5x | 10.7x | 9.2x |
| Sat, 02 Mar 2024 | ฿28.5b | ฿3.3b | ฿2.6b | 9.7x | 11.1x | 8.8x |
| Mon, 29 Jan 2024 | ฿29.5b | ฿3.2b | ฿1.1b | 10.8x | 26.5x | 9.2x |
| Wed, 27 Dec 2023 | ฿29.1b | ฿3.2b | ฿1.1b | 10.7x | 26.8x | 9x |
| Fri, 24 Nov 2023 | ฿28.1b | ฿3.2b | ฿1.1b | 10.2x | 25.9x | 8.7x |
| Sun, 22 Oct 2023 | ฿22.0b | ฿3.1b | ฿1.3b | 9.3x | 17.5x | 7x |
| Tue, 19 Sep 2023 | ฿23.3b | ฿3.1b | ฿1.3b | 9.8x | 18.5x | 7.4x |
| Thu, 17 Aug 2023 | ฿24.5b | ฿3.0b | ฿2.5b | 9.9x | 9.6x | 8x |
| Sat, 15 Jul 2023 | ฿24.4b | ฿2.8b | ฿2.0b | 9.8x | 12.1x | 8.6x |
| Mon, 12 Jun 2023 | ฿24.6b | ฿2.8b | ฿2.0b | 10.1x | 12.2x | 8.6x |
| Wed, 10 May 2023 | ฿24.5b | ฿2.4b | ฿1.6b | 10.5x | 14.9x | 10.2x |
| Fri, 07 Apr 2023 | ฿24.5b | ฿2.4b | ฿1.7b | 10.5x | 14.8x | 10.1x |
| Sun, 05 Mar 2023 | ฿25.9b | ฿2.0b | ฿1.4b | 11.4x | 18.3x | 12.7x |
| Tue, 31 Jan 2023 | ฿25.4b | ฿2.1b | ฿1.4b | 13.1x | 18.1x | 12.3x |
| Thu, 29 Dec 2022 | ฿24.6b | ฿2.1b | ฿1.4b | 12.9x | 17.5x | 11.9x |
| Sat, 26 Nov 2022 | ฿23.3b | ฿1.7b | ฿1.2b | 10.9x | 20x | 13.3x |
| Mon, 24 Oct 2022 | ฿23.1b | ฿1.5b | ฿616.5m | 10.1x | 37.5x | 15.9x |
| Wed, 21 Sep 2022 | ฿23.2b | ฿1.5b | ฿616.5m | 9.9x | 37.7x | 16x |
| Fri, 19 Aug 2022 | ฿22.8b | ฿1.4b | ฿337.7m | 13.7x | 67.5x | 16x |
| Sun, 17 Jul 2022 | ฿21.9b | ฿1.3b | -฿29,235,809.00 | 14.2x | -748.3x | 16.7x |
| Tue, 14 Jun 2022 | ฿22.3b | ฿1.3b | -฿29,235,809.00 | 14.5x | -763x | 17x |
| Thu, 12 May 2022 | ฿21.7b | ฿1.3b | ฿52.1m | 14.8x | 416.6x | 16.4x |
| Sat, 09 Apr 2022 | ฿21.4b | ฿1.3b | ฿52.1m | 14.9x | 411.1x | 16.2x |
| Mon, 07 Mar 2022 | ฿21.1b | ฿1.4b | ฿241.9m | 15.1x | 87.1x | 15.4x |
| Wed, 02 Feb 2022 | ฿21.1b | ฿1.3b | -฿140,077,267.00 | 15.1x | -150.8x | 16.6x |
| Fri, 31 Dec 2021 | ฿21.2b | ฿1.3b | -฿140,077,267.00 | 14.7x | -151.5x | 16.7x |
Price to Earnings Ratio
-151.5x
Current Industry PE
- Investors are pessimistic on the Thai Hotel and Resort 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 9.5x which is higher than its 3-year average PE of -35.8x.
- The 3-year average PS ratio of 11.3x is higher than the industry's current PS ratio of 7.1x.
Past Earnings Growth
- Total earnings for the Hotel and Resort REITs industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 41% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Thai Hotel and Resort REITs compare with similar industries?
| TH Market | -2.29% | |
| Real Estate | -2.28% | |
| REITS | -1.33% | |
| Hotel and Resort REITs | -1.51% | |
| Office REITs | 0.32% | |
| Healthcare REITs | 0% | |
| Diversified REITs | -1.33% | |
| Specialized REITs | -1.94% | |
| Residential REITs | -2.69% | |
| Industrial REITs | -2.91% | |
| Retail REITs | -4.79% | |
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 | |
|---|---|---|---|---|---|
| DREIT Dusit Thani Freehold and Leasehold Real Estate Investment Trust | ฿5.20 | 2.0% +฿71.2m | 6.1% | PB0.6x | |
| GROREIT Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition | ฿8.85 | 1.7% +฿47.3m | 1.7% | PB0.8x |