Thai (SET) IT Consulting Industry Analysis

Industry Valuation and Performance

Has the Thai IT Consulting Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 22 Jul 2026	฿48.5b	฿64.5b	฿3.1b	11x	15.7x	0.8x
Fri, 19 Jun 2026	฿43.1b	฿64.5b	฿3.1b	10.4x	14x	0.7x
Sun, 17 May 2026	฿39.7b	฿61.4b	฿2.7b	10x	14.6x	0.6x
Tue, 14 Apr 2026	฿41.1b	฿61.4b	฿2.8b	11.6x	14.8x	0.7x
Thu, 12 Mar 2026	฿41.6b	฿61.6b	฿2.8b	11.7x	14.9x	0.7x
Sat, 07 Feb 2026	฿37.6b	฿61.0b	฿3.0b	10.6x	12.5x	0.6x
Mon, 05 Jan 2026	฿38.0b	฿61.0b	฿3.0b	10.3x	12.6x	0.6x
Wed, 03 Dec 2025	฿38.8b	฿61.0b	฿3.0b	10.1x	12.8x	0.6x
Fri, 31 Oct 2025	฿39.8b	฿59.6b	฿3.1b	10.9x	13x	0.7x
Sun, 28 Sep 2025	฿42.6b	฿59.5b	฿3.0b	11.2x	14x	0.7x
Tue, 26 Aug 2025	฿43.0b	฿59.5b	฿3.0b	11.1x	14.1x	0.7x
Thu, 24 Jul 2025	฿41.9b	฿59.9b	฿3.2b	9.8x	13.3x	0.7x
Sat, 21 Jun 2025	฿38.9b	฿59.9b	฿3.2b	10.2x	12.3x	0.6x
Mon, 19 May 2025	฿43.1b	฿59.9b	฿3.2b	10.6x	13.6x	0.7x
Wed, 16 Apr 2025	฿45.2b	฿58.7b	฿3.2b	9.6x	14.1x	0.8x
Fri, 14 Mar 2025	฿49.5b	฿58.7b	฿3.2b	9.5x	15.4x	0.8x
Sun, 09 Feb 2025	฿51.2b	฿56.3b	฿2.8b	10.9x	18.4x	0.9x
Tue, 07 Jan 2025	฿52.5b	฿56.3b	฿2.8b	10.2x	18.9x	0.9x
Thu, 05 Dec 2024	฿55.7b	฿56.3b	฿2.8b	10.4x	20.1x	1x
Sat, 02 Nov 2024	฿57.2b	฿55.8b	฿2.8b	11.2x	20.5x	1x
Mon, 30 Sep 2024	฿57.0b	฿55.8b	฿2.8b	11.4x	20.4x	1x
Wed, 28 Aug 2024	฿54.2b	฿55.8b	฿2.8b	10.9x	19.4x	1x
Fri, 26 Jul 2024	฿46.2b	฿53.9b	฿2.6b	10.9x	17.7x	0.9x
Sun, 23 Jun 2024	฿94.2b	฿56.3b	฿2.8b	11.4x	34.1x	1.7x
Tue, 21 May 2024	฿107.2b	฿54.0b	฿2.6b	16.1x	41.5x	2x
Thu, 18 Apr 2024	฿102.8b	฿54.0b	฿3.0b	14.2x	34.5x	1.9x
Sat, 16 Mar 2024	฿117.0b	฿54.0b	฿3.0b	14x	39.3x	2.2x
Mon, 12 Feb 2024	฿124.0b	฿50.0b	฿2.8b	12x	44.6x	2.5x
Wed, 10 Jan 2024	฿128.9b	฿50.0b	฿2.8b	12.5x	46.3x	2.6x
Fri, 08 Dec 2023	฿103.8b	฿50.0b	฿2.8b	11.7x	37.3x	2.1x
Sun, 05 Nov 2023	฿95.7b	฿47.5b	฿2.6b	13.1x	36.7x	2x
Tue, 03 Oct 2023	฿95.0b	฿47.2b	฿2.5b	13.9x	37.5x	2x
Thu, 31 Aug 2023	฿99.8b	฿46.1b	฿2.5b	14.1x	40.3x	2.2x
Sat, 29 Jul 2023	฿91.7b	฿44.1b	฿2.4b	14.9x	37.5x	2.1x

Current Industry PE

Investors are pessimistic on the Thai IT Consulting and Other Services 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 15.7x which is lower than its 3-year average PE of 22.8x.

The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.75x.

Past Earnings Growth

The earnings for companies in the IT Consulting and Other Services industry have grown 8.1% per year over the last three years.
Revenues for these companies have grown 13% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Thai IT Consulting compare with similar industries?


TH Market	1.08%
Tech	-5.33%
IT	4.96%
IT Consulting	5.39%
Internet Services and Infrastructure	1.81%
Data Processing Services	-1.50%

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?

Company	Last Price	7D	1Y	Valuation
SKY Sky ICT	฿17.70	8.6% +฿1.0b	41.6%	PE16.2x
BBIK Bluebik Group	฿23.10	6.9% +฿300.0m	18.5%	PE13.2x
PIS Pro Inside	฿5.25	11.7% +฿297.0m	54.4%	PE10.2x
BE8 Beryl 8 Plus	฿6.70	9.8% +฿158.8m	-4.3%	PS0.7x
SVOA SVOA	฿2.32	3.6% +฿75.8m	105.3%	PE8.5x

New minor risk - Share price stability

The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 6.2% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (฿2.12b market cap, or US$63.3m).

Thai (SET) IT Consulting Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

Now 20% overvalued after recent price rise

Consensus EPS estimates increase by 12%

Now 22% undervalued

Investor sentiment improves as stock rises 19%

New minor risk - Share price stability

New major risk - Revenue and earnings growth

First quarter 2026 earnings released: EPS: ฿0.17 (vs ฿0.14 in 1Q 2025)

Upcoming dividend of ฿0.12 per share

Upcoming dividend of ฿0.12 per share

Upcoming dividend of ฿0.21 per share

Full year 2025 earnings released: EPS: ฿0.42 (vs ฿0.29 in FY 2024)