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Thai (SET) Industrial REITs Industry Analysis

UpdatedAug 14, 2026
DataAggregated Company Financials
Companies10
  • 7D-0.2%
  • 3M8.5%
  • 1Y27.1%
  • YTDn/a

Over the last 7 days, the Industrial REITs industry has dropped 1.1%, driven by a pullback from WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust of 1.8%. In the past year, the industry has gained 26%. As for the next few years, earnings are expected to grow by 4.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Aug 2026฿114.9b฿12.5b฿7.9b13.3x14.5x9.2x
Sun, 12 Jul 2026฿111.8b฿12.3b฿7.9b12.5x14.1x9.1x
Tue, 09 Jun 2026฿106.0b฿12.3b฿7.9b11.7x13.4x8.6x
Thu, 07 May 2026฿106.5b฿12.1b฿8.0b11.4x13.2x8.8x
Sat, 04 Apr 2026฿99.7b฿12.1b฿8.0b11.2x12.4x8.2x
Mon, 02 Mar 2026฿106.0b฿12.1b฿7.9b11.2x13.5x8.7x
Wed, 28 Jan 2026฿101.8b฿11.9b฿7.7b11x13.2x8.6x
Fri, 26 Dec 2025฿101.4b฿11.9b฿7.7b10.9x13.1x8.5x
Sun, 23 Nov 2025฿96.2b฿11.9b฿7.7b11.4x12.5x8.1x
Tue, 21 Oct 2025฿94.1b฿11.6b฿7.1b11.9x13.2x8.1x
Thu, 18 Sep 2025฿94.9b฿11.6b฿7.1b11.9x13.4x8.2x
Sat, 16 Aug 2025฿90.1b฿11.6b฿7.1b11.6x12.7x7.8x
Mon, 14 Jul 2025฿83.9b฿11.5b฿6.8b11.9x12.2x7.3x
Wed, 11 Jun 2025฿84.7b฿11.5b฿6.8b11x12.4x7.3x
Fri, 09 May 2025฿83.8b฿11.4b฿6.5b12.3x13x7.3x
Sun, 06 Apr 2025฿90.4b฿11.4b฿6.4b12.3x14.1x8x
Tue, 04 Mar 2025฿92.9b฿11.4b฿6.4b12.6x14.5x8.2x
Thu, 30 Jan 2025฿93.6b฿11.2b฿6.8b12.6x13.8x8.4x
Sat, 28 Dec 2024฿93.9b฿11.2b฿6.8b12.8x13.9x8.4x
Mon, 25 Nov 2024฿92.3b฿11.2b฿7.0b12.2x13.1x8.3x
Wed, 23 Oct 2024฿95.0b฿11.1b฿7.0b12.8x13.6x8.6x
Fri, 20 Sep 2024฿96.0b฿11.1b฿7.0b12.8x13.8x8.7x
Sun, 18 Aug 2024฿91.5b฿11.1b฿7.0b12.5x13.1x8.3x
Tue, 16 Jul 2024฿85.0b฿10.9b฿6.6b11.3x12.9x7.8x
Thu, 13 Jun 2024฿84.9b฿11.2b฿6.8b11.7x12.5x7.6x
Sat, 11 May 2024฿88.0b฿11.1b฿6.7b12.1x13.2x7.9x
Mon, 08 Apr 2024฿91.5b฿11.1b฿6.8b12.3x13.5x8.3x
Wed, 06 Mar 2024฿91.6b฿234.8b-฿136,111,545,423.0012.7x-0.7x0.4x
Fri, 02 Feb 2024฿93.1b฿10.7b฿7.7b12x12.1x8.7x
Sun, 31 Dec 2023฿95.8b฿10.7b฿7.7b12.1x12.5x9x
Tue, 28 Nov 2023฿88.4b฿10.7b฿7.7b11.7x11.5x8.3x
Thu, 26 Oct 2023฿84.5b฿10.5b฿7.4b11.4x11.4x8x
Sat, 23 Sep 2023฿91.9b฿10.5b฿7.4b12.6x12.4x8.7x
Mon, 21 Aug 2023฿95.4b฿10.5b฿7.4b13.1x12.8x9.1x
Price to Earnings Ratio

12.8x


Total Market Cap: ฿95.4bTotal Earnings: ฿7.4bTotal Revenue: ฿10.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Industrial REITs Industry Price to Earnings3Y Average 12.9x202420252026
Current Industry PE
  • Investors are optimistic on the Thai Industrial REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.3x which is higher than its 3-year average PE of 12.9x.
  • The 3-year average PS ratio of 8.2x is lower than the industry's current PS ratio of 9.1x.
Past Earnings Growth
  • The earnings for companies in the Industrial REITs industry have grown 2.6% per year over the last three years.
  • Revenues for these companies have grown 6.1% 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-0.011%
Real Estate-1.06%
REITS-0.15%
Industrial REITs-0.20%
Hotel and Resort REITs1.23%
Residential REITs0.95%
Office REITs0.78%
Retail REITs0.59%
Specialized REITs0.48%
Diversified REITs-0.15%
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
FTREIT Frasers Property Thailand Industrial Freehold & Leasehold REIT฿12.901.6%
+฿656.7m
31.6%PB1.1x
M-STOR MFC-Strategic Storage Fund฿7.654.1%
+฿18.2m
6.3%PB0.7x

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