Thai (SET) Industrial REITs Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies11
- 7D-0.2%
- 3M-3.4%
- 1Y-12.2%
- YTDn/a
In the last week, Industrial REITs has been flat. Unfortunately though, the industry is down 13% over the past 12 months. Looking forward, earnings are forecast to grow by 6.2% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | ฿91.3b | ฿11.1b | ฿6.8b | 12.2x | 13.5x | 8.3x |
| Thu, 14 Mar 2024 | ฿92.5b | ฿11.1b | ฿6.8b | 12.7x | 13.7x | 8.4x |
| Sat, 10 Feb 2024 | ฿92.2b | ฿10.7b | ฿7.6b | 12x | 12.1x | 8.6x |
| Mon, 08 Jan 2024 | ฿96.4b | ฿10.7b | ฿7.7b | 12.1x | 12.6x | 9x |
| Wed, 06 Dec 2023 | ฿86.9b | ฿10.7b | ฿7.7b | 11.4x | 11.3x | 8.1x |
| Fri, 03 Nov 2023 | ฿84.8b | ฿10.5b | ฿7.4b | 11.5x | 11.4x | 8.1x |
| Sun, 01 Oct 2023 | ฿91.0b | ฿10.5b | ฿7.4b | 12.5x | 12.2x | 8.7x |
| Tue, 29 Aug 2023 | ฿94.5b | ฿10.5b | ฿7.4b | 13x | 12.7x | 9x |
| Thu, 27 Jul 2023 | ฿96.0b | ฿10.3b | ฿7.2b | 13.4x | 13.3x | 9.3x |
| Sat, 24 Jun 2023 | ฿95.5b | ฿10.3b | ฿7.2b | 13.5x | 13.2x | 9.3x |
| Mon, 22 May 2023 | ฿98.4b | ฿10.3b | ฿7.2b | 13.2x | 13.6x | 9.6x |
| Wed, 19 Apr 2023 | ฿97.2b | ฿10.1b | ฿7.1b | 12.4x | 13.7x | 9.6x |
| Fri, 17 Mar 2023 | ฿94.9b | ฿10.1b | ฿6.9b | 12.7x | 13.8x | 9.4x |
| Sun, 12 Feb 2023 | ฿101.7b | ฿9.9b | ฿6.4b | 13.2x | 16x | 10.3x |
| Tue, 10 Jan 2023 | ฿92.3b | ฿9.9b | ฿6.4b | 12.9x | 14.5x | 9.4x |
| Thu, 08 Dec 2022 | ฿88.3b | ฿9.9b | ฿6.4b | 12.5x | 13.9x | 9x |
| Sat, 05 Nov 2022 | ฿86.7b | ฿9.7b | ฿6.2b | 12.4x | 13.9x | 9x |
| Mon, 03 Oct 2022 | ฿87.1b | ฿9.7b | ฿6.2b | 12.6x | 14x | 9x |
| Wed, 31 Aug 2022 | ฿93.4b | ฿9.7b | ฿6.2b | 13.3x | 15x | 9.7x |
| Fri, 29 Jul 2022 | ฿88.5b | ฿9.4b | ฿6.3b | 13x | 14.2x | 9.4x |
| Sun, 26 Jun 2022 | ฿87.2b | ฿9.4b | ฿6.3b | 13.7x | 13.9x | 9.3x |
| Tue, 24 May 2022 | ฿91.4b | ฿9.4b | ฿6.3b | 14.3x | 14.6x | 9.7x |
| Thu, 21 Apr 2022 | ฿98.2b | ฿9.2b | ฿6.2b | 14.7x | 15.8x | 10.7x |
| Sat, 19 Mar 2022 | ฿97.2b | ฿9.2b | ฿6.2b | 14.9x | 15.6x | 10.6x |
| Mon, 14 Feb 2022 | ฿100.4b | ฿9.1b | ฿6.6b | 14.9x | 15.1x | 11.1x |
| Wed, 12 Jan 2022 | ฿101.2b | ฿9.0b | ฿6.7b | 15x | 15.1x | 11.3x |
| Fri, 10 Dec 2021 | ฿106.1b | ฿9.0b | ฿6.7b | 15.4x | 15.8x | 11.8x |
| Sun, 07 Nov 2021 | ฿104.5b | ฿8.8b | ฿5.7b | 14.8x | 18.3x | 11.9x |
| Tue, 05 Oct 2021 | ฿101.7b | ฿8.8b | ฿5.7b | 14.6x | 17.8x | 11.6x |
| Thu, 02 Sep 2021 | ฿106.2b | ฿8.8b | ฿5.7b | 15x | 18.6x | 12.1x |
| Sat, 31 Jul 2021 | ฿104.5b | ฿8.8b | ฿5.7b | 12.9x | 18.3x | 11.9x |
| Tue, 04 May 2021 | ฿101.3b | ฿8.7b | ฿5.7b | 12.7x | 17.7x | 11.7x |
Price to Earnings Ratio
17.7x
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 14.6x.
- The 3-year average PS ratio of 9.9x is higher than the industry's current PS ratio of 8.3x.
Past Earnings Growth
- The earnings for companies in the Industrial REITs industry have grown 5.6% per year over the last three years.
- Revenues for these companies have grown 8.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Thai Industrial REITs compare with similar industries?
| TH Market | 1.52% | |
| Real Estate | 0.95% | |
| REITS | 2.02% | |
| Industrial REITs | -0.24% | |
| Diversified REITs | 2.02% | |
| Residential REITs | 1.20% | |
| Retail REITs | 0.35% | |
| Office REITs | 0.039% | |
| Healthcare REITs | 0% | |
| Hotel and Resort REITs | -0.88% | |
| Specialized REITs | -0.90% | |
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 | |
|---|---|---|---|---|---|
| WHART WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust | ฿9.55 | 0.5% +฿173.4m | -14.7% | PB0.9x | |
| PROSPECT Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust | ฿8.50 | 1.2% +฿37.5m | -7.6% | PB0.9x | |
| AIMCG AIM Commercial Growth Freehold And Leasehold Real Estate Investment Trust | ฿3.06 | 0.7% +฿5.8m | -42.3% | PB0.3x |