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Thai (SET) Telecom Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies44
  • 7D-2.1%
  • 3M7.0%
  • 1Y22.4%
  • YTD24.4%

Over the last 7 days, the Telecom industry has dropped 2.1%, driven by a pullback from Intouch Holdings of 5.1%. This takes the industry's 12 month performance to a gain of 22%.

Sector Valuation and Performance

Has the Thai Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Fri, 03 Dec 2021฿1.4t฿468.8b฿42.7b30.4x
Sun, 31 Oct 2021฿1.3t฿464.5b฿40.3b34.6x
Tue, 28 Sep 2021฿1.3t฿464.8b฿40.8b29.8x
Thu, 26 Aug 2021฿1.2t฿445.5b฿43.7b27.1x
Fri, 02 Jul 2021฿1.1t฿445.5b฿43.7b25.9x
Mon, 05 Apr 2021฿1.1t฿442.1b฿44.0b27.6x
Thu, 07 Jan 2021฿1.1t฿441.0b฿42.8b22.4x
Wed, 30 Sep 2020฿1.1t฿469.8b฿43.2b19.4x
Sat, 04 Jul 2020฿1.2t฿483.8b฿50.8b19.8x
Tue, 07 Apr 2020฿1.1t฿497.4b฿56.6b14.5x
Fri, 10 Jan 2020฿1.4t฿498.6b฿62.7b23.3x
Thu, 03 Oct 2019฿1.5t฿491.6b฿51.5b19x
Sun, 07 Jul 2019฿1.5t฿487.9b฿43.5b20.4x
Wed, 10 Apr 2019฿1.3t฿513.8b฿52.0b19.7x
Tue, 01 Jan 2019฿1.2t฿513.3b฿53.3b20.3x
PE Ratio

18.2x

Total Market Cap: ฿1.3tTotal Earnings: ฿61.7bTotal Revenue: ฿512.6b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 30.4x which is higher than its 3-year average PE of 21.9x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Communication Services industry have declined 12% per year over the last three years, and revenues have also declined 2.9% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Thai Telecom sector?

Wireless Telecom-1.06%
Telecom Services and Carriers-3.36%
Entertainment-3.67%
Media-5.83%

Industry PE: Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 37.8x. However analysts are expecting annual earnings growth of 14%, which is lower than the prior year's growth of 65% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Wireless Telecom industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 18.4x.

Forecasted Growth: Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 109% over the next 5 years. This is better than it's past earnings growth rate of 14% per year. Meanwhile, the Wireless Telecom industry is expected to see its earnings grow by 7.0% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
ADVANC Advanced Info Service3.4%+฿20.8b16.8%PE23.2x
JAS Jasmine International6.3%+฿1.5b-5.0%PS1.3x
ONEE ONE Enterprise2.0%+฿476.3mn/aPE28.1x
AS Asiasoft Corporation5.0%+฿467.3m327.5%PE24.2x
ADD AddTech Hub8.5%+฿360.0mn/aPE46.7x
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BEC

฿13.80

BEC World

7D

-6.1%

1Y

101.5%

VGI

฿6.65

VGI

7D

-2.9%

1Y

-12.5%