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Thai (SET) Retail REITs Industry Analysis

UpdatedFeb 15, 2025
DataAggregated Company Financials
Companies7
  • 7D1.1%
  • 3M-2.7%
  • 1Y-1.9%
  • YTD-1.5%

Over the last 7 days, the Retail REITs industry has risen 1.1%, driven by gains from CPN Retail Growth Leasehold REIT of 1.7%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025฿91.6b฿13.7b฿6.2b12x14.8x6.7x
Tue, 14 Jan 2025฿91.4b฿13.7b฿6.2b12x14.8x6.6x
Thu, 12 Dec 2024฿95.8b฿13.7b฿6.2b12.8x15.5x7x
Sat, 09 Nov 2024฿94.0b฿13.8b฿6.6b11.1x14.3x6.8x
Mon, 07 Oct 2024฿99.4b฿13.8b฿6.6b11.6x15.1x7.2x
Wed, 04 Sep 2024฿92.6b฿13.8b฿6.6b11.2x14.1x6.7x
Fri, 02 Aug 2024฿87.9b฿13.7b฿7.6b11.4x11.6x6.4x
Sun, 30 Jun 2024฿82.3b฿13.7b฿7.6b10.5x10.8x6x
Tue, 28 May 2024฿86.0b฿13.7b฿7.6b11.1x11.3x6.3x
Thu, 25 Apr 2024฿78.2b฿13.5b฿7.4b8.7x10.6x5.8x
Sat, 23 Mar 2024฿78.6b฿13.5b฿7.4b8.7x10.6x5.8x
Mon, 19 Feb 2024฿79.5b฿13.2b฿6.8b10.4x11.7x6x
Wed, 17 Jan 2024฿81.4b฿13.2b฿6.8b10.4x11.9x6.2x
Fri, 15 Dec 2023฿80.0b฿13.1b฿5.5b10.2x14.5x6.1x
Sun, 12 Nov 2023฿74.8b฿12.8b฿4.2b12.3x17.9x5.9x
Tue, 10 Oct 2023฿75.3b฿12.7b฿4.2b12.7x18.1x5.9x
Thu, 07 Sep 2023฿80.9b฿12.7b฿4.2b13.3x19.5x6.3x
Sat, 05 Aug 2023฿82.0b฿12.3b฿4.4b14.3x18.6x6.7x
Mon, 03 Jul 2023฿82.4b฿12.3b฿4.4b14.6x18.9x6.7x
Wed, 31 May 2023฿88.6b฿12.3b฿4.4b14.9x20.3x7.2x
Fri, 28 Apr 2023฿87.6b฿11.8b฿4.1b15x21.3x7.4x
Price to Earnings Ratio

24x


Total Market Cap: ฿89.6bTotal Earnings: ฿3.7bTotal Revenue: ฿11.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Retail REITs Industry Price to Earnings3Y Average 15.3xJulyOctober2024AprilJulyOctober2025
Current Industry PE
  • Investors are relatively neutral on the Thai Retail 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 15.3x.
  • The industry is trading close to its 3-year average PS ratio of 6.5x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 5.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Thai Real Estate industry?

TH Market-0.76%
Real Estate-1.31%
Retail REITs1.08%
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
CPNREIT CPN Retail Growth Leasehold REIT฿12.101.7%
+฿724.2m
7.1%PB1x
AXTRART Axtra Future City Freehold And Leasehold Real Estate Investment Trust฿10.800.9%
+฿233.7m
-16.9%PB0.9x
LHSC LH Shopping Centers Leasehold Real Estate Investment Trust฿11.500.9%
+฿77.8m
19.2%PB1.4x
MJLF Major Cineplex Lifestyle Leasehold Property Fund฿4.180.5%
+฿6.6m
11.2%PB0.4x
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Latest News

TTLPF

฿13.80

Talaad Thai Leasehold Property Fund

7D

-0.7%

1Y

-22.9%

CPNREIT

฿12.10

CPN Retail Growth Leasehold REIT

7D

1.7%

1Y

7.1%

ALLY

฿5.05

Ally Freehold And Leasehold Real Estate Investment Trust

7D

-1.0%

1Y

-6.5%

MJLF

฿4.18

Major Cineplex Lifestyle Leasehold Property Fund

7D

0.5%

1Y

11.2%