Thai (SET) Specialized REITs Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies5
- 7D-1.0%
- 3M-4.7%
- 1Y-12.4%
- YTD-6.1%
The Specialized REITs industry has stayed flat over the last week. Unfortunately though, the industry is down 11% over the past 12 months. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Thai Specialized REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | ฿31.9b | ฿3.1b | ฿1.1b | 18.6x | 28.8x | 10.4x |
| Sat, 23 Mar 2024 | ฿31.1b | ฿3.1b | ฿1.1b | 19.2x | 28.1x | 10.1x |
| Mon, 19 Feb 2024 | ฿31.4b | ฿3.1b | ฿1.3b | 19.2x | 24.1x | 10.2x |
| Wed, 17 Jan 2024 | ฿32.1b | ฿3.0b | ฿1.6b | 19.6x | 19.9x | 10.7x |
| Fri, 15 Dec 2023 | ฿31.3b | ฿3.0b | ฿1.6b | 19.3x | 19.4x | 10.4x |
| Sun, 12 Nov 2023 | ฿30.5b | ฿3.0b | ฿1.3b | 19.4x | 23.1x | 10.1x |
| Tue, 10 Oct 2023 | ฿31.3b | ฿3.1b | ฿1.4b | 18.9x | 22.4x | 10.2x |
| Thu, 07 Sep 2023 | ฿33.2b | ฿3.1b | ฿1.4b | 19.5x | 23.7x | 10.8x |
| Sat, 05 Aug 2023 | ฿33.9b | ฿3.0b | ฿1.4b | 20x | 24.8x | 11.2x |
| Mon, 03 Jul 2023 | ฿33.7b | ฿3.0b | ฿1.4b | 19.7x | 24.7x | 11.2x |
| Wed, 31 May 2023 | ฿34.4b | ฿3.0b | ฿1.4b | 20.3x | 25.2x | 11.5x |
| Fri, 28 Apr 2023 | ฿34.8b | ฿2.8b | ฿1.2b | 18.9x | 29.2x | 12.5x |
Price to Earnings Ratio
28.9x
Current Industry PE
- Investors are optimistic on the Thai Specialized REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 29.4x which is higher than its 3-year average PE of 24.2x.
- The industry is trading close to its 3-year average PS ratio of 10.9x.
Past Earnings Growth
- The earnings for companies in the Specialized REITs industry have declined 2.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.2% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Thai Real Estate industry?
| TH Market | -0.42% | |
| Real Estate | -0.79% | |
| Specialized REITs | -0.96% | |
| Self-Storage REITs | 0% | |
| Timber REITs | 0% | |
| Telecom Tower REITs | 0% | |
| Data Center REITs | -2.33% | |
Industry PE
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| URBNPF Urbana Property Fund (leasehold) | ฿0.39 | 5.4% +฿1.4m | -79.3% | PB0.09x |