Have your own idea? Try our Stock Screener
- 7D2.5%
- 3M17.5%
- 1Y-11.5%
- YTD19.0%
In the last week, the IT industry is up 2.5%, with SVOA up 18%. During this same period, the Sky ICT underperformed, falling 7.7%. However, the industry is down 12% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 03 Mar 2026 | ฿49.5b | ฿65.4b | ฿3.3b | 12.6x | 14.9x | 0.8x |
| Thu, 29 Jan 2026 | ฿41.7b | ฿65.3b | ฿3.4b | 10.5x | 12.3x | 0.6x |
| Sat, 27 Dec 2025 | ฿41.1b | ฿65.3b | ฿3.4b | 10.2x | 12.2x | 0.6x |
| Mon, 24 Nov 2025 | ฿41.9b | ฿64.2b | ฿3.3b | 10.1x | 12.6x | 0.7x |
| Wed, 22 Oct 2025 | ฿43.3b | ฿64.2b | ฿3.5b | 10.8x | 12.4x | 0.7x |
| Fri, 19 Sep 2025 | ฿47.2b | ฿64.2b | ฿3.5b | 11.2x | 13.5x | 0.7x |
| Sun, 17 Aug 2025 | ฿45.4b | ฿64.2b | ฿3.5b | 11.4x | 13x | 0.7x |
| Tue, 15 Jul 2025 | ฿44.0b | ฿64.6b | ฿3.6b | 9.9x | 12.2x | 0.7x |
| Thu, 12 Jun 2025 | ฿45.2b | ฿64.6b | ฿3.6b | 10.4x | 12.5x | 0.7x |
| Sat, 10 May 2025 | ฿47.6b | ฿63.1b | ฿3.7b | 11.2x | 13x | 0.8x |
| Mon, 07 Apr 2025 | ฿51.4b | ฿63.2b | ฿3.7b | 10.2x | 14x | 0.8x |
| Wed, 05 Mar 2025 | ฿53.9b | ฿63.1b | ฿3.6b | 9.7x | 14.9x | 0.9x |
| Fri, 31 Jan 2025 | ฿59.7b | ฿60.3b | ฿3.2b | 11.2x | 18.9x | 1x |
| Sun, 29 Dec 2024 | ฿58.3b | ฿60.3b | ฿3.2b | 10.2x | 18.4x | 1x |
| Tue, 26 Nov 2024 | ฿59.9b | ฿60.3b | ฿3.2b | 10.9x | 18.9x | 1x |
| Thu, 24 Oct 2024 | ฿61.0b | ฿59.2b | ฿3.2b | 11.2x | 19.3x | 1x |
| Sat, 21 Sep 2024 | ฿62.5b | ฿59.2b | ฿3.2b | 11.7x | 19.8x | 1.1x |
| Mon, 19 Aug 2024 | ฿51.7b | ฿59.2b | ฿3.2b | 11x | 16.4x | 0.9x |
| Wed, 17 Jul 2024 | ฿55.0b | ฿57.5b | ฿3.0b | 11.2x | 18.5x | 1x |
| Fri, 14 Jun 2024 | ฿106.0b | ฿60.0b | ฿3.1b | 11.9x | 33.9x | 1.8x |
| Sun, 12 May 2024 | ฿107.1b | ฿58.3b | ฿3.4b | 15x | 31.8x | 1.8x |
| Tue, 09 Apr 2024 | ฿106.5b | ฿57.8b | ฿3.3b | 14.3x | 32.1x | 1.8x |
| Thu, 07 Mar 2024 | ฿121.9b | ฿56.3b | ฿3.2b | 13.4x | 38x | 2.2x |
| Sat, 03 Feb 2024 | ฿123.7b | ฿53.7b | ฿3.1b | 12x | 39.5x | 2.3x |
| Mon, 01 Jan 2024 | ฿128.6b | ฿53.7b | ฿3.1b | 12.2x | 41.1x | 2.4x |
| Wed, 29 Nov 2023 | ฿109.1b | ฿53.7b | ฿3.1b | 12.1x | 34.8x | 2x |
| Fri, 27 Oct 2023 | ฿91.7b | ฿51.4b | ฿2.9b | 12.9x | 31.4x | 1.8x |
| Sun, 24 Sep 2023 | ฿102.1b | ฿51.0b | ฿2.8b | 14.1x | 35.9x | 2x |
| Tue, 22 Aug 2023 | ฿98.1b | ฿49.9b | ฿2.8b | 14.1x | 35.2x | 2x |
| Thu, 20 Jul 2023 | ฿93.3b | ฿47.7b | ฿2.8b | 14.6x | 33.8x | 2x |
| Sat, 17 Jun 2023 | ฿91.9b | ฿47.7b | ฿2.8b | 14.6x | 33.3x | 1.9x |
| Mon, 15 May 2023 | ฿93.8b | ฿45.6b | ฿2.5b | 15.4x | 37.9x | 2.1x |
| Wed, 12 Apr 2023 | ฿97.0b | ฿40.3b | ฿2.2b | 16.2x | 43.2x | 2.4x |
| Fri, 10 Mar 2023 | ฿131.9b | ฿46.0b | ฿3.5b | 21.3x | 37.7x | 2.9x |
Price to Earnings Ratio
37.7x
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 14.9x which is lower than its 3-year average PE of 24.5x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.76x.
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 13% 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 | 3.27% | |
| Tech | 17.83% | |
| IT | 2.46% | |
| Data Processing Services | 4.05% | |
| Internet Services and Infrastructure | 3.65% | |
| IT Consulting | 2.33% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Internet Services and Infrastructure industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.6x.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings decline of 28% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 9.1% 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 | |
|---|---|---|---|---|---|
| SVOA SVOA | ฿1.67 | 18.4% +฿246.2m | 59.0% | PE7.3x | |
| GABLE G-Able | ฿3.98 | 4.7% +฿126.0m | 22.8% | PE9.1x | |
| INSET Infraset | ฿2.62 | 1.6% +฿32.1m | 22.4% | PE59.6x | |
| VCOM Vintcom Technology | ฿3.46 | 3.0% +฿30.7m | 36.2% | PE9.2x | |
| ICN Information and Communication Networks | ฿1.83 | 2.2% +฿26.9m | -12.0% | PE12.1x |