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Thai (SET) Telecom Sector Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies46
- 7D-5.7%
- 3M0.6%
- 1Y31.6%
- YTD29.4%
Over the last 7 days, the Telecom industry has dropped 5.7%, driven by declines in True Corporation and Advanced Info Service of 10% and 4.5%, respectively. In contrast, VGI has gained 7.5%. Over the past 12 months, the industry was up 32%. Looking forward, earnings are forecast to grow by 35% annually.
Sector Valuation and Performance
Has the Thai Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | ฿1.7t | ฿561.1b | ฿51.4b | 22.6x | 33.8x | 3.1x |
| Tue, 19 Nov 2024 | ฿1.8t | ฿563.5b | ฿49.9b | 18.7x | 36.7x | 3.2x |
| Thu, 17 Oct 2024 | ฿1.9t | ฿556.3b | ฿49.1b | 20x | 38.2x | 3.4x |
| Sat, 14 Sep 2024 | ฿1.7t | ฿556.0b | ฿49.1b | 20.2x | 34.5x | 3x |
| Mon, 12 Aug 2024 | ฿1.6t | ฿555.5b | ฿48.8b | 17.8x | 32.5x | 2.9x |
| Wed, 10 Jul 2024 | ฿1.4t | ฿546.6b | ฿46.9b | 20x | 30.8x | 2.6x |
| Fri, 07 Jun 2024 | ฿1.3t | ฿544.6b | ฿47.0b | 21.1x | 28.3x | 2.4x |
| Sun, 05 May 2024 | ฿1.3t | ฿542.4b | ฿45.6b | 22.2x | 29.3x | 2.5x |
| Tue, 02 Apr 2024 | ฿1.3t | ฿502.0b | ฿47.9b | 21.6x | 27.4x | 2.6x |
| Thu, 29 Feb 2024 | ฿1.3t | ฿502.1b | ฿48.2b | 22.1x | 26.5x | 2.5x |
| Sat, 27 Jan 2024 | ฿1.6t | ฿641.8b | ฿16.6b | 22.2x | 95.1x | 2.5x |
| Mon, 25 Dec 2023 | ฿1.6t | ฿641.8b | ฿16.6b | 23.2x | 94.3x | 2.4x |
| Wed, 22 Nov 2023 | ฿1.6t | ฿641.8b | ฿16.7b | 21.8x | 95x | 2.5x |
| Fri, 20 Oct 2023 | ฿1.6t | ฿618.7b | ฿7.0b | 29.4x | 236x | 2.7x |
| Sun, 17 Sep 2023 | ฿1.7t | ฿618.7b | ฿7.0b | 35.8x | 241.5x | 2.7x |
| Tue, 15 Aug 2023 | ฿1.7t | ฿618.3b | ฿8.4b | 26.3x | 198.6x | 2.7x |
| Thu, 13 Jul 2023 | ฿1.6t | ฿603.2b | ฿8.9b | 28.6x | 182.9x | 2.7x |
| Sat, 10 Jun 2023 | ฿1.7t | ฿603.2b | ฿8.8b | 32.8x | 190.3x | 2.8x |
| Mon, 08 May 2023 | ฿1.7t | ฿617.7b | ฿6.9b | 32.2x | 246.3x | 2.7x |
| Wed, 05 Apr 2023 | ฿1.7t | ฿617.7b | ฿6.9b | 31.9x | 249x | 2.8x |
| Fri, 03 Mar 2023 | ฿1.4t | ฿480.4b | ฿25.7b | 32.7x | 54.7x | 2.9x |
| Sun, 29 Jan 2023 | ฿1.4t | ฿494.2b | ฿37.9b | 30.7x | 37.3x | 2.9x |
| Tue, 27 Dec 2022 | ฿1.3t | ฿494.2b | ฿37.9b | 27.1x | 35.6x | 2.7x |
| Thu, 24 Nov 2022 | ฿1.3t | ฿493.7b | ฿38.0b | 28.3x | 35.4x | 2.7x |
| Sat, 22 Oct 2022 | ฿1.3t | ฿484.8b | ฿42.8b | 30.3x | 31.3x | 2.8x |
| Mon, 19 Sep 2022 | ฿1.4t | ฿484.8b | ฿42.8b | 33.7x | 32.4x | 2.9x |
| Wed, 17 Aug 2022 | ฿1.4t | ฿483.4b | ฿41.8b | 32x | 33.7x | 2.9x |
| Fri, 15 Jul 2022 | ฿1.4t | ฿478.7b | ฿42.0b | 29.9x | 32.9x | 2.9x |
| Sun, 12 Jun 2022 | ฿1.4t | ฿478.7b | ฿42.0b | 32.4x | 34.2x | 3x |
| Tue, 10 May 2022 | ฿1.4t | ฿478.2b | ฿43.6b | 32.7x | 32.2x | 2.9x |
| Thu, 07 Apr 2022 | ฿1.6t | ฿478.6b | ฿43.7b | 35.2x | 35.8x | 3.3x |
| Sat, 05 Mar 2022 | ฿1.5t | ฿478.9b | ฿43.7b | 32.8x | 35.3x | 3.2x |
| Mon, 31 Jan 2022 | ฿1.5t | ฿469.6b | ฿42.6b | 36.1x | 35.2x | 3.2x |
| Wed, 29 Dec 2021 | ฿1.5t | ฿468.9b | ฿42.7b | 32.2x | 35.2x | 3.2x |
Price to Earnings Ratio
35.2x
Current Industry PE
- Investors are pessimistic on the Thai Communication 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 33.8x which is lower than its 3-year average PE of 81.5x.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 6.4% per year over the last three years.
- Revenues for these companies have grown 6.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Thai Telecom sector?
| TH Market | -4.66% | |
| Telecom | -5.71% | |
| Media | 0.18% | |
| Interactive Media and Services | 0% | |
| Entertainment | -2.36% | |
| Wireless Telecom | -4.67% | |
| Telecom Services and Carriers | -9.89% | |
Industry PE
- Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 104.0%, which is higher than its past year's earnings decline of 22.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 104% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 8.9% 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 | |
|---|---|---|---|---|---|
| VGI VGI | ฿3.14 | 7.5% +฿2.5b | 68.8% | PS6.8x | |
| ROCTEC Roctec Global | ฿1.03 | 10.8% +฿811.8m | 74.6% | PE29x | |
| ONEE ONE Enterprise | ฿4.42 | 3.3% +฿333.4m | 18.8% | PE21.3x | |
| PICO Pico (Thailand) | ฿3.84 | 6.1% +฿47.4m | -22.9% | PE28.1x | |
| READY Readyplanet | ฿5.55 | 6.7% +฿42.0m | -40.5% | PE16.9x |