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Thai (SET) Software Industry Analysis

UpdatedJul 19, 2024
DataAggregated Company Financials
Companies5
  • 7D13.5%
  • 3M-18.2%
  • 1Y-23.7%
  • YTD-28.4%

Over the last 7 days, the Software industry has dropped 28%, driven by a pullback from Netbay of 19%. On the other hand News Network Corporation is actually up 100%. The industry has fallen 41% in the last year. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Jul 2024฿9.1b฿1.7b-฿194,104,900.0015.9x-46.6x5.2x
Sun, 16 Jun 2024฿8.3b฿1.7b-฿194,104,900.0019.2x-42.9x4.8x
Tue, 14 May 2024฿9.6b฿1.8b-฿157,159,090.0025x-61x5.3x
Thu, 11 Apr 2024฿9.1b฿1.8b-฿208,335,090.0028.5x-43.7x5.1x
Sat, 09 Mar 2024฿10.0b฿1.8b-฿208,335,090.0026.2x-48.2x5.6x
Mon, 05 Feb 2024฿8.4b฿1.7b฿312.5m24.1x26.8x4.9x
Wed, 03 Jan 2024฿9.0b฿1.7b฿312.5m25x28.7x5.2x
Fri, 01 Dec 2023฿7.5b฿1.7b฿312.5m22.7x24.1x4.4x
Sun, 29 Oct 2023฿7.7b฿1.6b฿272.5m23.6x28.3x4.8x
Tue, 26 Sep 2023฿9.2b฿1.6b฿272.5m33.7x33.7x5.7x
Thu, 24 Aug 2023฿9.3b฿1.6b฿272.5m35.2x34.1x5.7x
Sat, 22 Jul 2023฿10.1b฿1.5b฿281.3m36.6x35.8x6.7x
Mon, 19 Jun 2023฿10.8b฿1.4b฿275.1m38x39.4x7.5x
Wed, 17 May 2023฿11.2b฿972.8m฿232.9m60x48.1x11.5x
Fri, 14 Apr 2023฿21.6b฿2.0b฿413.8m58.3x52.3x10.6x
Sun, 12 Mar 2023฿22.2b฿2.0b฿398.8m58.2x55.7x11.2x
Tue, 07 Feb 2023฿22.7b฿1.6b฿201.1m55.1x113.1x14.3x
Thu, 05 Jan 2023฿19.3b฿1.6b฿201.1m51.6x96.1x12.2x
Sat, 03 Dec 2022฿18.6b฿1.6b฿201.1m49x92.4x11.7x
Mon, 31 Oct 2022฿19.7b฿1.4b฿254.7m64x77.4x13.6x
Wed, 28 Sep 2022฿19.4b฿1.4b฿254.7m63.4x76.2x13.4x
Fri, 26 Aug 2022฿21.5b฿1.4b฿254.7m73.6x84.3x14.8x
Sun, 24 Jul 2022฿18.4b฿1.4b฿247.8m43.9x74.2x13.3x
Tue, 21 Jun 2022฿20.0b฿1.4b฿247.8m48.7x80.8x14.5x
Thu, 19 May 2022฿18.4b฿1.4b฿400.8m43x46x13.5x
Sat, 16 Apr 2022฿20.8b฿1.4b฿409.4m48.5x50.9x15.3x
Mon, 14 Mar 2022฿19.7b฿1.4b฿409.4m45.6x48.2x14.5x
Wed, 09 Feb 2022฿21.3b฿1.4b฿454.2m51.8x46.8x15.6x
Fri, 07 Jan 2022฿18.5b฿1.4b฿454.2mn/a40.8x13.6x
Sun, 05 Dec 2021฿16.9b฿1.4b฿454.2m29.2x37.2x12.4x
Tue, 02 Nov 2021฿16.8b฿1.4b฿476.8m30x35.2x12x
Thu, 30 Sep 2021฿17.5b฿1.4b฿476.8m33.1x36.7x12.6x
Sat, 28 Aug 2021฿14.2b฿1.4b฿476.8m30.8x29.9x10.2x
Price to Earnings Ratio

29.8x


Total Market Cap: ฿14.2bTotal Earnings: ฿476.8mTotal Revenue: ฿1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Software Industry Price to Earnings3Y Average 39.7x202220232024
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 10.0x is higher than the industry's current PS ratio of 4.1x.
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 7.5% 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-0.44%
Tech0.055%
Software13.54%
Application Software15.71%
Systems Software-4.73%
Industry PE
  • Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 30.7%, which is higher than its past year's earnings growth of 3.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings growth rate of 3.1% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 11% 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
NEWS News Network Corporation฿0.02100.0%
+฿1.8b
100.0%PS68.4x
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Latest News

TBN

฿7.00

TBN Corporation

7D

-18.1%

1Y

-65.5%

NETBAY

฿14.50

Netbay

7D

-19.0%

1Y

-31.0%

NEWS

฿0.02

News Network Corporation

7D

100.0%

1Y

100.0%

COMAN

฿3.28

Comanche International

7D

-4.7%

1Y

-38.1%