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Thai (SET) Industrial REITs Industry Analysis
UpdatedFeb 05, 2025
DataAggregated Company Financials
Companies10
- 7D-0.6%
- 3M-1.0%
- 1Y0.4%
- YTDn/a
Over the last 7 days, the Industrial REITs industry has dropped 1.2%, driven by WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust declining 1.0%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 7.5% 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 |
|---|---|---|---|---|---|---|
| Wed, 05 Feb 2025 | ฿94.1b | ฿11.2b | ฿6.8b | 13.8x | 13.9x | 8.4x |
| Fri, 03 Jan 2025 | ฿93.9b | ฿11.2b | ฿6.8b | 12.7x | 13.9x | 8.4x |
| Sun, 01 Dec 2024 | ฿92.1b | ฿11.2b | ฿6.8b | 12.9x | 13.6x | 8.2x |
| Tue, 29 Oct 2024 | ฿94.9b | ฿11.1b | ฿7.0b | 13x | 13.6x | 8.6x |
| Thu, 26 Sep 2024 | ฿96.5b | ฿11.1b | ฿7.0b | 13.1x | 13.8x | 8.7x |
| Sat, 24 Aug 2024 | ฿91.1b | ฿11.1b | ฿7.0b | 12.5x | 13x | 8.2x |
| Mon, 22 Jul 2024 | ฿87.7b | ฿10.9b | ฿6.6b | 11.7x | 13.3x | 8x |
| Wed, 19 Jun 2024 | ฿78.7b | ฿10.9b | ฿6.6b | 11.5x | 12x | 7.2x |
| Fri, 17 May 2024 | ฿87.8b | ฿11.2b | ฿6.8b | 11.5x | 12.9x | 7.9x |
| Sun, 14 Apr 2024 | ฿91.3b | ฿11.1b | ฿6.8b | 12.2x | 13.5x | 8.3x |
| Tue, 12 Mar 2024 | ฿91.6b | ฿11.1b | ฿6.8b | 12.7x | 13.6x | 8.3x |
| Thu, 08 Feb 2024 | ฿92.5b | ฿10.7b | ฿7.7b | 11.8x | 12.1x | 8.7x |
| Sat, 06 Jan 2024 | ฿96.4b | ฿10.7b | ฿7.7b | 12.1x | 12.6x | 9x |
| Mon, 04 Dec 2023 | ฿87.3b | ฿10.7b | ฿7.7b | 11.5x | 11.4x | 8.2x |
| Wed, 01 Nov 2023 | ฿84.3b | ฿10.5b | ฿7.4b | 11.4x | 11.3x | 8x |
| Fri, 29 Sep 2023 | ฿90.5b | ฿10.5b | ฿7.4b | 12.4x | 12.2x | 8.6x |
| Sun, 27 Aug 2023 | ฿94.0b | ฿10.5b | ฿7.4b | 12.9x | 12.6x | 8.9x |
| Tue, 25 Jul 2023 | ฿96.3b | ฿10.3b | ฿7.2b | 13.4x | 13.3x | 9.4x |
| Thu, 22 Jun 2023 | ฿97.0b | ฿10.3b | ฿7.2b | 13.6x | 13.4x | 9.4x |
| Sat, 20 May 2023 | ฿98.4b | ฿10.3b | ฿7.2b | 13.2x | 13.6x | 9.6x |
| Mon, 17 Apr 2023 | ฿99.3b | ฿10.1b | ฿7.1b | 12.8x | 14x | 9.8x |
| Wed, 15 Mar 2023 | ฿94.4b | ฿10.1b | ฿6.9b | 12.6x | 13.7x | 9.4x |
| Fri, 10 Feb 2023 | ฿102.1b | ฿9.9b | ฿6.4b | 13.2x | 16x | 10.4x |
| Sun, 08 Jan 2023 | ฿92.1b | ฿9.9b | ฿6.4b | 13x | 14.5x | 9.3x |
| Tue, 06 Dec 2022 | ฿88.2b | ฿9.9b | ฿6.4b | 12.6x | 13.9x | 9x |
| Thu, 03 Nov 2022 | ฿86.3b | ฿9.7b | ฿6.2b | 12.5x | 13.9x | 8.9x |
| Sat, 01 Oct 2022 | ฿87.1b | ฿9.7b | ฿6.2b | 12.6x | 14x | 9x |
| Mon, 29 Aug 2022 | ฿93.3b | ฿9.7b | ฿6.2b | 13.3x | 15x | 9.6x |
| Wed, 27 Jul 2022 | ฿88.5b | ฿9.4b | ฿6.3b | 13x | 14.1x | 9.4x |
| Fri, 24 Jun 2022 | ฿85.8b | ฿9.4b | ฿6.3b | 13.5x | 13.7x | 9.2x |
| Sun, 22 May 2022 | ฿92.1b | ฿9.4b | ฿6.2b | 14.4x | 14.7x | 9.8x |
| Tue, 19 Apr 2022 | ฿97.6b | ฿9.2b | ฿6.2b | 14.8x | 15.7x | 10.6x |
| Thu, 17 Mar 2022 | ฿98.8b | ฿9.2b | ฿6.2b | 14.9x | 15.9x | 10.7x |
| Sat, 12 Feb 2022 | ฿100.4b | ฿9.1b | ฿6.6b | 14.9x | 15.1x | 11.1x |
Price to Earnings Ratio
15.1x
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 13.5x.
- The industry is trading close to its 3-year average PS ratio of 9.0x.
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 7.4% 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 Comparison
How does Thai Industrial REITs compare with similar industries?
| TH Market | -3.37% | |
| Real Estate | -2.57% | |
| REITS | -1.43% | |
| Industrial REITs | -0.59% | |
| Healthcare REITs | 0% | 0 |
| Office REITs | -0.65% | |
| Hotel and Resort REITs | -1.29% | |
| Diversified REITs | -1.43% | |
| Residential REITs | -2.26% | |
| Specialized REITs | -2.55% | |
| Retail REITs | -3.69% | |
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 | ฿10.20 | 2.0% +฿656.7m | 1.0% | PB0.9x | |
| HPF Hemaraj Industrial Property and Leasehold Fund | ฿4.88 | 0.8% +฿18.8m | 4.7% | PB0.5x | |
| M-STOR MFC-Strategic Storage Fund | ฿7.35 | 2.1% +฿9.1m | 9.7% | PB0.7x |