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Thai (SET) Retail REITs Industry Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies7
  • 7D-3.1%
  • 3M0.06%
  • 1Y-2.9%
  • YTD-2.3%

Over the last 7 days, the Retail REITs industry has dropped 1.6%, driven by Axtra Future City Freehold And Leasehold Real Estate Investment Trust declining 6.0%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 14 Jan 2026฿92.1b฿12.7b฿6.6b7.6x14x7.3x
Fri, 12 Dec 2025฿90.8b฿12.7b฿6.6b7.3x13.8x7.2x
Sun, 09 Nov 2025฿92.4b฿12.3b฿6.9b9.5x13.4x7.5x
Tue, 07 Oct 2025฿92.2b฿12.3b฿6.9b9.5x13.4x7.5x
Thu, 04 Sep 2025฿87.1b฿12.3b฿6.9b9.4x12.7x7.1x
Sat, 02 Aug 2025฿87.4b฿11.9b฿5.5b9.7x15.8x7.3x
Mon, 30 Jun 2025฿85.4b฿11.9b฿5.5b9.8x15.4x7.2x
Wed, 28 May 2025฿95.0b฿11.9b฿5.5b10.6x17.2x8x
Fri, 25 Apr 2025฿93.8b฿11.6b฿5.0b11.8x18.9x8.1x
Sun, 23 Mar 2025฿95.1b฿11.1b฿4.7b11.9x20.2x8.6x
Tue, 18 Feb 2025฿91.3b฿13.8b฿6.2b11.5x14.7x6.6x
Thu, 16 Jan 2025฿91.1b฿13.7b฿6.2b11.9x14.7x6.6x
Sat, 14 Dec 2024฿65.4b฿10.8b฿4.0b12.4x16.5x6.1x
Mon, 11 Nov 2024฿94.0b฿13.8b฿6.6b11.1x14.3x6.8x
Wed, 09 Oct 2024฿104.0b฿14.7b฿7.0b13x14.9x7x
Fri, 06 Sep 2024฿94.9b฿13.8b฿6.6b11.2x14.4x6.9x
Sun, 04 Aug 2024฿87.2b฿13.7b฿7.6b11.4x11.5x6.4x
Tue, 02 Jul 2024฿81.8b฿13.7b฿7.6b10.4x10.7x6x
Thu, 30 May 2024฿85.1b฿13.7b฿7.6b10.9x11.2x6.2x
Sat, 27 Apr 2024฿78.6b฿13.5b฿7.6b8.7x10.4x5.8x
Mon, 25 Mar 2024฿78.6b฿13.5b฿7.4b8.7x10.6x5.8x
Wed, 21 Feb 2024฿78.4b฿13.2b฿6.8b10.2x11.5x6x
Fri, 19 Jan 2024฿80.5b฿13.2b฿6.8b10.3x11.8x6.1x
Sun, 17 Dec 2023฿80.4b฿13.1b฿5.5b10.3x14.5x6.1x
Tue, 14 Nov 2023฿75.1b฿12.8b฿4.2b12.4x18x5.9x
Thu, 12 Oct 2023฿75.8b฿12.8b฿4.2b12.7x18.2x5.9x
Sat, 09 Sep 2023฿81.4b฿12.7b฿4.2b13.4x19.6x6.4x
Mon, 07 Aug 2023฿82.0b฿12.3b฿4.4b14.3x18.6x6.7x
Wed, 05 Jul 2023฿81.5b฿12.3b฿4.4b14.4x18.7x6.6x
Fri, 02 Jun 2023฿88.7b฿12.3b฿4.4b14.9x20.3x7.2x
Sun, 30 Apr 2023฿87.8b฿11.8b฿4.1b15.1x21.4x7.5x
Tue, 28 Mar 2023฿89.5b฿11.7b฿3.7b15x23.9x7.7x
Price to Earnings Ratio

23.9x


Total Market Cap: ฿89.5bTotal Earnings: ฿3.7bTotal Revenue: ฿11.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Retail REITs Industry Price to Earnings3Y Average 15.4x202420252026
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 15.4x.
  • The industry is trading close to its 3-year average PS ratio of 6.8x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 2.8% 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-3.12%
Real Estate-2.40%
Retail REITs-3.13%
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
ALLY Ally Freehold And Leasehold Real Estate Investment Trust฿4.460.9%
+฿35.0m
-15.8%PB0.5x
MJLF Major Cineplex Lifestyle Leasehold Property Fund฿4.941.2%
+฿19.8m
18.8%PB0.4x