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Thai (SET) Software Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies5
  • 7D-4.6%
  • 3M-9.5%
  • 1Y-41.2%
  • YTD-42.6%

Over the last 7 days, the Software industry has dropped 4.6%, driven by declines from every company within the industry. Overall the industry is down 41% in 12 months. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the Thai Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024฿7.3b฿1.8b-฿33,600,519.0017.3x-215.9x4x
Tue, 19 Nov 2024฿7.0b฿1.8b-฿37,132,326.0017.1x-187.4x3.8x
Thu, 17 Oct 2024฿7.6b฿1.8b-฿74,817,742.0018.5x-101.3x4.3x
Sat, 14 Sep 2024฿7.9b฿1.8b-฿74,817,742.0019.5x-105.8x4.4x
Mon, 12 Aug 2024฿6.4b฿1.8b-฿81,766,542.0014.3x-77.8x3.6x
Wed, 10 Jul 2024฿7.9b฿1.7b-฿194,104,900.0018.7x-40.8x4.6x
Fri, 07 Jun 2024฿8.5b฿1.8b-฿160,700,700.0020.6x-53.1x4.7x
Sun, 05 May 2024฿9.7b฿1.8b-฿208,335,090.0026.6x-46.5x5.4x
Tue, 02 Apr 2024฿10.3b฿1.8b-฿208,335,090.0028.6x-49.3x5.7x
Thu, 29 Feb 2024฿8.2b฿1.7b฿304.7m25.6x27x4.8x
Sat, 27 Jan 2024฿8.5b฿1.7b฿312.5m24.9x27.3x5x
Mon, 25 Dec 2023฿8.7b฿1.7b฿312.5m24.3x27.7x5x
Wed, 22 Nov 2023฿7.7b฿1.7b฿312.5m23.7x24.8x4.5x
Fri, 20 Oct 2023฿8.1b฿1.6b฿272.5m28.2x29.6x5x
Sun, 17 Sep 2023฿9.2b฿1.6b฿272.5m34.4x33.7x5.7x
Tue, 15 Aug 2023฿9.5b฿1.6b฿275.1m35x34.4x5.9x
Thu, 13 Jul 2023฿10.1b฿1.5b฿281.3m39.7x35.9x6.7x
Sat, 10 Jun 2023฿9.3b฿1.1b฿225.8m47x41.1x8.4x
Mon, 08 May 2023฿11.0b฿972.8m฿232.9m55.8x47.4x11.3x
Wed, 05 Apr 2023฿21.6b฿2.0b฿413.8m56.9x52.1x10.6x
Fri, 03 Mar 2023฿23.3b฿2.0b฿237.8m69.7x98.1x11.6x
Sun, 29 Jan 2023฿20.7b฿1.6b฿201.1m55.2x102.8x13x
Tue, 27 Dec 2022฿18.3b฿1.6b฿201.1m48x91x11.5x
Thu, 24 Nov 2022฿19.7b฿1.6b฿201.1m49.4x97.9x12.4x
Sat, 22 Oct 2022฿19.8b฿1.4b฿254.7m65.7x77.6x13.6x
Mon, 19 Sep 2022฿20.1b฿1.4b฿254.7m67.9x78.9x13.9x
Wed, 17 Aug 2022฿19.3b฿1.4b฿244.7m46.7x78.9x13.9x
Fri, 15 Jul 2022฿17.8b฿1.4b฿247.8m42.2x71.9x12.9x
Sun, 12 Jun 2022฿23.0b฿1.4b฿247.8m51.2x92.8x16.6x
Tue, 10 May 2022฿18.1b฿1.4b฿409.4m43x44.2x13.3x
Thu, 07 Apr 2022฿19.8b฿1.4b฿409.4m43x48.4x14.6x
Sat, 05 Mar 2022฿19.1b฿1.4b฿409.4m47.7x46.7x14.1x
Mon, 31 Jan 2022฿19.1b฿1.4b฿454.2m35.1x42.1x14x
Wed, 29 Dec 2021฿17.0b฿1.4b฿454.2m28.4x37.4x12.4x
Price to Earnings Ratio

37.4x


Total Market Cap: ฿17.0bTotal Earnings: ฿454.2mTotal Revenue: ฿1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Software Industry Price to Earnings3Y Average 18x202220232024
Current Industry PE
  • Investors are pessimistic on the Thai Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 9.0x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 10% 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 Tech industry?

TH Market-4.66%
Tech-1.66%
Software-4.57%
Systems Software0%
Application Software-5.06%
Industry PE
  • Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 20.3x.
    • Analysts are expecting annual earnings growth of 39.6%, which is higher than its past year's earnings decline of 19.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 40% over the next 5 years.
  • This is better than its past earnings decline of 20% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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