Thai (SET) Software Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies5
- 7D-6.2%
- 3M-14.6%
- 1Y-26.2%
- YTD-14.3%
Over the last 7 days, the Software industry has dropped 6.2%, driven by a pullback from BlueVenture Group of 11%. Overall the industry is down 26% in 12 months. Looking forward, earnings are forecast to grow by 16% 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 |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | ฿9.5b | ฿1.8b | -฿208,335,090.00 | 25.7x | -45.6x | 5.3x |
| Thu, 21 Mar 2024 | ฿10.0b | ฿1.8b | -฿208,335,090.00 | 26.9x | -48x | 5.6x |
| Sat, 17 Feb 2024 | ฿8.1b | ฿1.7b | ฿312.5m | 23x | 25.9x | 4.7x |
| Mon, 15 Jan 2024 | ฿8.9b | ฿1.7b | ฿312.5m | 24.9x | 28.3x | 5.2x |
| Wed, 13 Dec 2023 | ฿7.4b | ฿1.7b | ฿312.5m | 21.2x | 23.6x | 4.3x |
| Fri, 10 Nov 2023 | ฿7.4b | ฿1.6b | ฿272.5m | 24.8x | 27.2x | 4.6x |
| Sun, 08 Oct 2023 | ฿8.4b | ฿1.6b | ฿272.5m | 28x | 30.8x | 5.2x |
| Tue, 05 Sep 2023 | ฿9.5b | ฿1.6b | ฿272.5m | 37x | 35x | 5.9x |
| Thu, 03 Aug 2023 | ฿9.7b | ฿1.5b | ฿281.3m | 36.8x | 34.6x | 6.5x |
| Sat, 01 Jul 2023 | ฿10.2b | ฿1.5b | ฿281.3m | 37.5x | 36.3x | 6.8x |
| Mon, 29 May 2023 | ฿8.3b | ฿1.1b | ฿225.8m | 40.2x | 36.8x | 7.6x |
| Wed, 26 Apr 2023 | ฿20.4b | ฿2.0b | ฿413.8m | 54.1x | 49.2x | 10x |
| Fri, 24 Mar 2023 | ฿23.3b | ฿2.0b | ฿413.8m | 58x | 56.4x | 11.5x |
| Sun, 19 Feb 2023 | ฿23.5b | ฿2.0b | ฿228.5m | 68.5x | 102.7x | 11.7x |
| Tue, 17 Jan 2023 | ฿19.6b | ฿1.6b | ฿201.1m | 51.9x | 97.4x | 12.3x |
| Thu, 15 Dec 2022 | ฿18.7b | ฿1.6b | ฿201.1m | 49.4x | 93x | 11.8x |
| Sat, 12 Nov 2022 | ฿19.3b | ฿1.4b | ฿254.7m | 64.5x | 76x | 13.4x |
| Mon, 10 Oct 2022 | ฿19.1b | ฿1.4b | ฿254.7m | 62.3x | 75x | 13.2x |
| Wed, 07 Sep 2022 | ฿21.7b | ฿1.4b | ฿254.7m | 70.2x | 85.3x | 15x |
| Fri, 05 Aug 2022 | ฿19.5b | ฿1.4b | ฿247.8m | 47.3x | 78.8x | 14.1x |
| Sun, 03 Jul 2022 | ฿18.8b | ฿1.4b | ฿247.8m | 45.2x | 76.1x | 13.6x |
| Tue, 31 May 2022 | ฿18.7b | ฿1.4b | ฿247.8m | 41.8x | 75.6x | 13.5x |
| Thu, 28 Apr 2022 | ฿18.8b | ฿1.4b | ฿409.4m | 43x | 46x | 13.9x |
| Sat, 26 Mar 2022 | ฿19.6b | ฿1.4b | ฿409.4m | 46x | 47.8x | 14.4x |
| Mon, 21 Feb 2022 | ฿19.5b | ฿1.4b | ฿454.2m | 40.9x | 42.9x | 14.2x |
| Wed, 19 Jan 2022 | ฿20.4b | ฿1.4b | ฿454.2m | 35.1x | 44.9x | 14.9x |
| Fri, 17 Dec 2021 | ฿17.7b | ฿1.4b | ฿454.2m | 29.2x | 38.9x | 12.9x |
| Sun, 14 Nov 2021 | ฿17.0b | ฿1.4b | ฿477.5m | 30.6x | 35.6x | 12.2x |
| Tue, 12 Oct 2021 | ฿16.3b | ฿1.4b | ฿476.8m | 30.1x | 34.3x | 11.7x |
| Thu, 09 Sep 2021 | ฿15.3b | ฿1.4b | ฿476.8m | 31.7x | 32x | 11x |
| Sat, 07 Aug 2021 | ฿14.2b | ฿1.4b | ฿476.8m | 30.4x | 29.8x | 10.2x |
| Fri, 30 Apr 2021 | ฿14.7b | ฿1.4b | ฿425.8m | 39.1x | 34.5x | 10.7x |
Price to Earnings Ratio
34.5x
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 10.4x is higher than the industry's current PS ratio of 5.3x.
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 9.2% 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 | -4.61% | |
| Tech | -8.92% | |
| Software | -6.23% | |
| Application Software | -5.59% | |
| Systems Software | -11.02% | |
Industry PE
- Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 26.5x.
- Analysts are expecting annual earnings growth of 28.3%, which is lower than the prior year's growth of 99.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 28% over the next 5 years.
- However this is lower than its past earnings growth rate of 100% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| COMAN Comanche International | ฿3.54 | 0.6% +฿2.7m | -27.5% | PE240x |