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- 7D1.4%
- 3M1.8%
- 1Y-5.1%
- YTD9.0%
Over the last 7 days, the IT industry has risen 1.4%, and SVOA contributed the most with a gain of 17%. During this same period, the MFEC underperformed, falling 7.4%. However, the industry is down 5.1% over the past year. Earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Thai IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 13 May 2026 | ฿45.3b | ฿65.7b | ฿3.0b | 10.6x | 15.2x | 0.7x |
| Fri, 10 Apr 2026 | ฿45.3b | ฿65.7b | ฿3.1b | 11.5x | 14.8x | 0.7x |
| Sun, 08 Mar 2026 | ฿45.7b | ฿65.9b | ฿3.1b | 11.8x | 14.9x | 0.7x |
| Tue, 03 Feb 2026 | ฿41.4b | ฿65.3b | ฿3.4b | 10.5x | 12.2x | 0.6x |
| Thu, 01 Jan 2026 | ฿41.6b | ฿65.3b | ฿3.4b | 10.3x | 12.3x | 0.6x |
| Sat, 29 Nov 2025 | ฿42.2b | ฿64.2b | ฿3.3b | 10x | 12.7x | 0.7x |
| Mon, 27 Oct 2025 | ฿43.6b | ฿64.2b | ฿3.5b | 10.9x | 12.5x | 0.7x |
| Wed, 24 Sep 2025 | ฿46.1b | ฿64.2b | ฿3.5b | 11.1x | 13.2x | 0.7x |
| Fri, 22 Aug 2025 | ฿46.9b | ฿64.2b | ฿3.5b | 11.1x | 13.4x | 0.7x |
| Sun, 20 Jul 2025 | ฿45.8b | ฿64.6b | ฿3.6b | 9.9x | 12.7x | 0.7x |
| Tue, 17 Jun 2025 | ฿44.3b | ฿64.6b | ฿3.6b | 10.3x | 12.3x | 0.7x |
| Thu, 15 May 2025 | ฿47.6b | ฿62.9b | ฿3.6b | 11.1x | 13.3x | 0.8x |
| Sat, 12 Apr 2025 | ฿48.9b | ฿63.2b | ฿3.7b | 9.6x | 13.3x | 0.8x |
| Mon, 10 Mar 2025 | ฿56.4b | ฿63.2b | ฿3.7b | 9.7x | 15.3x | 0.9x |
| Wed, 05 Feb 2025 | ฿57.4b | ฿60.3b | ฿3.2b | 11.3x | 18.1x | 1x |
| Fri, 03 Jan 2025 | ฿58.6b | ฿60.3b | ฿3.2b | 10.1x | 18.5x | 1x |
| Sun, 01 Dec 2024 | ฿60.2b | ฿60.3b | ฿3.2b | 10.4x | 19x | 1x |
| Tue, 29 Oct 2024 | ฿60.8b | ฿59.2b | ฿3.2b | 11.1x | 19.2x | 1x |
| Thu, 26 Sep 2024 | ฿62.0b | ฿59.2b | ฿3.2b | 11.6x | 19.6x | 1x |
| Sat, 24 Aug 2024 | ฿57.5b | ฿59.2b | ฿3.2b | 11.2x | 18.2x | 1x |
| Mon, 22 Jul 2024 | ฿52.0b | ฿57.5b | ฿3.0b | 11.1x | 17.5x | 0.9x |
| Wed, 19 Jun 2024 | ฿97.7b | ฿60.0b | ฿3.1b | 11.7x | 31.3x | 1.6x |
| Fri, 17 May 2024 | ฿115.0b | ฿57.7b | ฿2.9b | 15.7x | 39.6x | 2x |
| Sun, 14 Apr 2024 | ฿112.1b | ฿57.8b | ฿3.3b | 14.4x | 33.7x | 1.9x |
| Tue, 12 Mar 2024 | ฿126.7b | ฿57.8b | ฿3.3b | 14.1x | 38.2x | 2.2x |
| Thu, 08 Feb 2024 | ฿123.1b | ฿53.7b | ฿3.1b | 12x | 39.3x | 2.3x |
| Sat, 06 Jan 2024 | ฿131.5b | ฿53.7b | ฿3.1b | 12.7x | 42x | 2.4x |
| Mon, 04 Dec 2023 | ฿108.3b | ฿53.7b | ฿3.1b | 11.9x | 34.6x | 2x |
| Wed, 01 Nov 2023 | ฿89.4b | ฿51.4b | ฿2.9b | 12.6x | 30.6x | 1.7x |
| Fri, 29 Sep 2023 | ฿98.6b | ฿51.0b | ฿2.8b | 13.7x | 34.7x | 1.9x |
| Sun, 27 Aug 2023 | ฿102.2b | ฿49.9b | ฿2.8b | 14x | 36.7x | 2x |
| Tue, 25 Jul 2023 | ฿91.3b | ฿47.7b | ฿2.8b | 14.3x | 33.1x | 1.9x |
| Thu, 22 Jun 2023 | ฿94.4b | ฿47.7b | ฿2.8b | 14.5x | 34.2x | 2x |
| Sat, 20 May 2023 | ฿88.2b | ฿48.6b | ฿2.9b | 15.1x | 30.7x | 1.8x |
Price to Earnings Ratio
30.7x
Current Industry PE
- Investors are pessimistic on the Thai IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.2x which is lower than its 3-year average PE of 22.8x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.69x.
Past Earnings Growth
- The earnings for companies in the IT industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 11% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Thai Tech industry?
| TH Market | -0.30% | |
| Tech | -3.12% | |
| IT | 1.42% | |
| Internet Services and Infrastructure | 8.38% | |
| Data Processing Services | 2.56% | |
| IT Consulting | 0.63% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 27.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 24.2x.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 49% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| INET Internet Thailand | ฿4.24 | 14.0% +฿310.3m | -11.3% | PE10.5x | |
| SVOA SVOA | ฿1.72 | 8.9% +฿132.6m | 36.5% | PE7.5x | |
| INSET Infraset | ฿3.12 | 3.3% +฿80.5m | 65.1% | PE71.1x | |
| ICN Information and Communication Networks | ฿1.99 | 5.9% +฿73.9m | -1.5% | PE13.1x | |
| GABLE G-Able | ฿3.82 | 2.7% +฿70.0m | 17.9% | PE8.7x |