Thai (SET) IT Industry Analysis
- 7D0.3%
- 3M83.2%
- 1Y419.3%
- YTD15.1%
Over the last 7 days, the IT industry has dropped 1.5%, driven by a pullback from Beryl 8 Plus of 17%. This takes the industry's 12 month performance to a gain of 418%.
Industry Valuation and Performance
Has the Thai IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 21 Jan 2022 | ฿208.2b | ฿43.7b | ฿3.1b | 24.6x |
| Sun, 19 Dec 2021 | ฿167.1b | ฿43.7b | ฿3.1b | 21.9x |
| Tue, 16 Nov 2021 | ฿131.4b | ฿43.8b | ฿2.9b | 24.9x |
| Thu, 14 Oct 2021 | ฿99.1b | ฿44.7b | ฿2.8b | 22x |
| Sat, 11 Sep 2021 | ฿96.6b | ฿44.4b | ฿2.8b | 19.8x |
| Mon, 09 Aug 2021 | ฿87.3b | ฿45.0b | ฿2.4b | 17.4x |
| Sun, 02 May 2021 | ฿50.3b | ฿40.5b | ฿1.3b | 18.2x |
| Wed, 03 Feb 2021 | ฿34.5b | ฿39.0b | ฿1.3b | 14.4x |
| Sat, 07 Nov 2020 | ฿32.2b | ฿37.3b | ฿1.0b | 13.4x |
| Fri, 31 Jul 2020 | ฿30.8b | ฿36.6b | ฿1.0b | 10.6x |
| Mon, 04 May 2020 | ฿26.0b | ฿36.9b | ฿1.8b | 9.6x |
| Thu, 06 Feb 2020 | ฿26.7b | ฿37.0b | ฿1.9b | 8.9x |
| Sun, 10 Nov 2019 | ฿27.0b | ฿34.9b | ฿1.7b | 9.9x |
| Sat, 03 Aug 2019 | ฿27.9b | ฿30.4b | ฿1.4b | 11.9x |
| Tue, 07 May 2019 | ฿26.8b | ฿28.9b | ฿1.4b | 13x |
| Fri, 08 Feb 2019 | ฿26.4b | ฿28.2b | ฿1.4b | 14.2x |
14.2x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 24.3x which is higher than its 3-year average PE of 13.9x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the IT industry have grown 31% per year over the last three years, and revenues for these companies have grown 16% 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 IT industry?
| Internet Services and Infrastructure | 2.00% | |
| IT Consulting | -1.66% | |
| Data Processing Services | -1.81% | |
Industry PE: Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 15.9x. This is likely because analysts are expecting annual earnings growth of 34%, which is higher than its past year's earnings growth of 17% per year. Meanwhile, investors are most pessimistic about the IT Consulting industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 13.9x.
Forecasted Growth: Analysts are most optimistic on the Data Processing Services industry, expecting annual earnings growth of 34% over the next 5 years. This is better than it's past earnings growth rate of 17% per year. Meanwhile, the Internet Services and Infrastructure industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| JTS Jasmine Technology Solution | ฿178.50 | 3.8% +฿4.6b | 9,101.0% | PE757.5x | |
| DITTO Ditto (Thailand) | ฿28.25 | 2.7% +฿330.0m | n/a | PE84x | |
| VCOM Vintcom Technology | ฿8.50 | 12.6% +฿291.7m | 65.0% | PE27.2x | |
| INSET Infraset | ฿6.65 | 5.6% +฿215.6m | 99.9% | PE25x | |
| IRCP International Research Corporation | ฿2.24 | 0.9% +฿8.3m | 51.4% | PE19.7x |