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- 7D-6.3%
- 3M-4.4%
- 1Y-1.2%
- YTD-9.3%
Over the last 7 days, the Software industry has dropped 18%, driven by Netbay declining 9.0%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 9.6% annually.
Industry Valuation and Performance
Has the Thai Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Mar 2026 | ฿5.0b | ฿1.9b | ฿113.9m | 14.4x | 44.2x | 2.7x |
| Tue, 03 Feb 2026 | ฿5.5b | ฿1.8b | ฿161.4m | 15.5x | 34x | 3x |
| Thu, 01 Jan 2026 | ฿5.6b | ฿1.8b | ฿161.4m | 15.5x | 34.5x | 3x |
| Sat, 29 Nov 2025 | ฿5.4b | ฿1.8b | ฿161.4m | 14.7x | 33.2x | 2.9x |
| Mon, 27 Oct 2025 | ฿5.4b | ฿1.8b | ฿373.5m | 14.6x | 14.5x | 3x |
| Wed, 24 Sep 2025 | ฿6.0b | ฿1.8b | ฿373.5m | 15.7x | 16x | 3.3x |
| Fri, 22 Aug 2025 | ฿6.1b | ฿1.8b | ฿373.5m | 16x | 16.4x | 3.4x |
| Sun, 20 Jul 2025 | ฿5.9b | ฿1.7b | ฿317.1m | 20.3x | 18.5x | 3.4x |
| Tue, 17 Jun 2025 | ฿6.9b | ฿2.0b | ฿63.4m | 19x | 108.4x | 3.4x |
| Thu, 15 May 2025 | ฿7.5b | ฿1.9b | ฿72.5m | 21.2x | 102.9x | 3.9x |
| Sat, 12 Apr 2025 | ฿7.0b | ฿1.9b | ฿46.9m | 22.4x | 148.3x | 3.8x |
| Mon, 10 Mar 2025 | ฿6.9b | ฿1.9b | ฿46.9m | 21.7x | 147.5x | 3.7x |
| Wed, 05 Feb 2025 | ฿6.4b | ฿1.8b | -฿33,600,519.00 | 14.4x | -190.1x | 3.5x |
| Fri, 03 Jan 2025 | ฿7.3b | ฿1.8b | -฿33,600,519.00 | 17.4x | -218.4x | 4x |
| Sun, 01 Dec 2024 | ฿6.8b | ฿1.8b | -฿33,600,519.00 | 15.3x | -202.9x | 3.7x |
| Tue, 29 Oct 2024 | ฿7.2b | ฿1.8b | -฿74,817,742.00 | 17.3x | -95.6x | 4x |
| Thu, 26 Sep 2024 | ฿9.4b | ฿1.8b | -฿74,817,742.00 | 18.7x | -125.2x | 5.3x |
| Sat, 24 Aug 2024 | ฿9.0b | ฿1.8b | -฿74,817,742.00 | 17.3x | -120.1x | 5x |
| Mon, 22 Jul 2024 | ฿8.9b | ฿1.7b | -฿194,104,900.00 | 16x | -45.9x | 5.1x |
| Wed, 19 Jun 2024 | ฿8.2b | ฿1.7b | -฿194,104,900.00 | 19.2x | -42.4x | 4.7x |
| Fri, 17 May 2024 | ฿8.4b | ฿1.8b | -฿173,514,290.00 | 24.3x | -48.1x | 4.7x |
| Sun, 14 Apr 2024 | ฿10.1b | ฿1.8b | -฿208,335,090.00 | 28.4x | -48.6x | 5.7x |
| Tue, 12 Mar 2024 | ฿10.0b | ฿1.8b | -฿208,335,090.00 | 26x | -48.1x | 5.6x |
| Thu, 08 Feb 2024 | ฿8.6b | ฿1.7b | ฿312.5m | 25x | 27.6x | 5x |
| Sat, 06 Jan 2024 | ฿8.8b | ฿1.7b | ฿312.5m | 24.4x | 28.1x | 5.1x |
| Mon, 04 Dec 2023 | ฿7.5b | ฿1.7b | ฿312.5m | 22.7x | 24.1x | 4.4x |
| Wed, 01 Nov 2023 | ฿7.7b | ฿1.6b | ฿272.5m | 23.2x | 28.1x | 4.7x |
| Fri, 29 Sep 2023 | ฿8.7b | ฿1.6b | ฿272.5m | 31.2x | 31.9x | 5.4x |
| Sun, 27 Aug 2023 | ฿9.3b | ฿1.6b | ฿272.5m | 35.1x | 34.2x | 5.8x |
| Tue, 25 Jul 2023 | ฿9.8b | ฿1.5b | ฿281.3m | 36.1x | 34.7x | 6.5x |
| Thu, 22 Jun 2023 | ฿10.9b | ฿1.5b | ฿281.3m | 37.5x | 38.7x | 7.2x |
| Sat, 20 May 2023 | ฿8.1b | ฿1.1b | ฿225.8m | 38.1x | 36x | 7.4x |
| Mon, 17 Apr 2023 | ฿21.6b | ฿2.0b | ฿413.8m | 58.3x | 52.3x | 10.6x |
| Wed, 15 Mar 2023 | ฿21.5b | ฿2.0b | ฿413.8m | 56x | 52.1x | 10.6x |
Price to Earnings Ratio
52.1x
Current Industry PE
- Investors are optimistic on the Thai Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 44.5x which is higher than its 3-year average PE of -0.55x.
- The 3-year average PS ratio of 4.9x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Software industry have declined 34% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 | -7.73% | |
| Tech | -8.58% | |
| Software | -6.28% | |
| Systems Software | 1.56% | |
| Application Software | -6.88% | |
Industry PE
- Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 26.9x.
- Analysts are expecting annual earnings growth of 9.6%, which is lower than the prior year's growth of 21.6% per year.
- Investors are most pessimistic about the Systems Software industry, which is trading below its 3-year average of 49.1x.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 9.6% over the next 5 years.
- However this is lower than its past earnings growth rate of 22% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 9.6% 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 | |
|---|---|---|---|---|---|
| TBN TBN Corporation | ฿3.90 | 1.6% +฿6.0m | -33.3% | PE19.7x | |
| COMAN Comanche International | ฿0.49 | 4.3% +฿3.3m | -10.9% | PS0.5x |