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Thai (SET) Industrial REITs Industry Analysis

UpdatedAug 20, 2025
DataAggregated Company Financials
Companies10
  • 7D-0.1%
  • 3M-0.5%
  • 1Y-8.0%
  • YTDn/a

Over the last 7 days, the Industrial REITs industry has remained flat, although notably Ticon Freehold and Leasehold Real Estate Investment Trust gained 3.2%. As for the longer term, the industry has declined 7.8% in the last year. Looking forward, earnings are forecast to grow by 3.8% annually.

Industry Valuation and Performance

Has the Thai Industrial REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Aug 2025฿88.7b฿11.6b฿7.1b11.6x12.5x7.6x
Sat, 19 Jul 2025฿86.9b฿11.5b฿6.8b11.8x12.7x7.5x
Mon, 16 Jun 2025฿84.1b฿11.5b฿6.8b10.9x12.3x7.3x
Wed, 14 May 2025฿87.9b฿11.5b฿6.7b11.6x13x7.7x
Fri, 11 Apr 2025฿85.1b฿11.4b฿6.4b12.3x13.3x7.5x
Sun, 09 Mar 2025฿92.2b฿11.4b฿6.4b12.7x14.4x8.1x
Tue, 04 Feb 2025฿93.8b฿11.2b฿6.8b13.8x13.8x8.4x
Thu, 02 Jan 2025฿95.0b฿11.2b฿6.8b12.7x14x8.5x
Sat, 30 Nov 2024฿92.1b฿11.2b฿7.0b11.9x13.1x8.2x
Mon, 28 Oct 2024฿94.4b฿11.1b฿7.0b12.9x13.5x8.5x
Wed, 25 Sep 2024฿96.5b฿11.1b฿7.0b13.1x13.8x8.7x
Fri, 23 Aug 2024฿90.7b฿11.1b฿7.0b12.4x13x8.2x
Sun, 21 Jul 2024฿87.7b฿10.9b฿6.6b11.7x13.3x8x
Tue, 18 Jun 2024฿78.8b฿10.9b฿6.6b11.5x12x7.2x
Thu, 16 May 2024฿88.1b฿11.2b฿6.8b11.4x13x7.9x
Sat, 13 Apr 2024฿91.3b฿11.1b฿6.8b12.2x13.5x8.3x
Mon, 11 Mar 2024฿91.4b฿11.1b฿6.8b12.7x13.5x8.3x
Wed, 07 Feb 2024฿93.4b฿10.7b฿7.7b12x12.2x8.7x
Fri, 05 Jan 2024฿95.9b฿10.7b฿7.7b12.2x12.5x9x
Sun, 03 Dec 2023฿87.3b฿10.7b฿7.7b11.5x11.4x8.2x
Tue, 31 Oct 2023฿83.9b฿10.5b฿7.4b11.4x11.3x8x
Thu, 28 Sep 2023฿90.8b฿10.5b฿7.4b12.4x12.2x8.6x
Sat, 26 Aug 2023฿94.0b฿10.5b฿7.4b12.9x12.6x8.9x
Mon, 24 Jul 2023฿96.4b฿10.3b฿7.2b13.5x13.3x9.4x
Wed, 21 Jun 2023฿97.2b฿10.3b฿7.2b13.7x13.4x9.4x
Fri, 19 May 2023฿98.1b฿10.3b฿7.1b13.2x13.8x9.5x
Sun, 16 Apr 2023฿99.3b฿10.1b฿7.1b12.8x14x9.8x
Tue, 14 Mar 2023฿96.4b฿10.1b฿6.9b12.8x14x9.6x
Thu, 09 Feb 2023฿102.4b฿9.9b฿6.4b13.3x16.1x10.4x
Sat, 07 Jan 2023฿92.1b฿9.9b฿6.4b13x14.5x9.3x
Mon, 05 Dec 2022฿88.2b฿9.9b฿6.4b12.6x13.9x9x
Wed, 02 Nov 2022฿86.0b฿9.7b฿6.2b12.3x13.8x8.9x
Fri, 30 Sep 2022฿87.7b฿9.7b฿6.2b12.6x14.1x9.1x
Sun, 28 Aug 2022฿93.3b฿9.7b฿6.2b13.3x15x9.6x
Price to Earnings Ratio

15x


Total Market Cap: ฿93.3bTotal Earnings: ฿6.2bTotal Revenue: ฿9.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Industrial REITs Industry Price to Earnings3Y Average 13.2x202320242025
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 13.3x.
  • The 3-year average PS ratio of 8.5x is higher than the industry's current PS ratio of 7.7x.
Past Earnings Growth
  • The earnings for companies in the Industrial REITs industry have grown 4.5% per year over the last three years.
  • Revenues for these companies have grown 6.3% 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-1.85%
Real Estate-0.45%
REITS-0.48%
Industrial REITs-0.14%
Specialized REITs1.14%
Residential REITs0.77%
Office REITs-0.36%
Diversified REITs-0.48%
Hotel and Resort REITs-1.16%
Retail REITs-1.65%
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?

CompanyLast Price7D1YValuation
AMATAR Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust฿6.300.8%
+฿17.9m
0.8%PB0.6x
M-STOR MFC-Strategic Storage Fund฿7.301.4%
+฿6.1m
2.8%PB0.7x