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Thai (SET) Telecom Sector Analysis

UpdatedDec 04, 2022
DataAggregated Company Financials
Companies45
  • 7D0.8%
  • 3M-1.1%
  • 1Y-9.5%
  • YTD-14.8%

In the last week, Telecom has been flat. Unfortunately though, the industry is down 9.5% over the past 12 months. As for the next few years, earnings are expected to grow by 21% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Dec 2022฿1.3t฿493.7b฿37.9b28.1x35.5x2.7x
Tue, 01 Nov 2022฿1.4t฿485.5b฿42.4b31.1x31.9x2.8x
Thu, 29 Sep 2022฿1.4t฿484.8b฿42.8b31.2x32.5x2.9x
Sat, 27 Aug 2022฿1.4t฿484.6b฿42.7b31.4x32x2.8x
Mon, 25 Jul 2022฿1.4t฿478.7b฿41.5b31.9x33.1x2.9x
Wed, 22 Jun 2022฿1.4t฿478.7b฿42.0b33.9x33.4x2.9x
Fri, 20 May 2022฿1.4t฿478.1b฿41.8b36.4x34.6x3x
Sun, 17 Apr 2022฿1.5t฿478.6b฿43.7b34.6x34.7x3.2x
Tue, 15 Mar 2022฿1.5t฿478.6b฿43.7b31.2x35.4x3.2x
Thu, 10 Feb 2022฿1.5t฿473.9b฿42.5b37.5x35.8x3.2x
Sat, 08 Jan 2022฿1.5t฿468.9b฿42.7b34x35x3.2x
Mon, 06 Dec 2021฿1.4t฿468.8b฿42.7b30.2x33.7x3.1x
Wed, 03 Nov 2021฿1.3t฿464.5b฿40.3b19.8x32.3x2.8x
Fri, 01 Oct 2021฿1.3t฿464.8b฿40.8b29.5x32.7x2.9x
Sun, 29 Aug 2021฿1.3t฿445.5b฿43.7b27.3x28.7x2.8x
Mon, 05 Jul 2021฿1.1t฿445.5b฿43.7b25.9x26.3x2.6x
Thu, 08 Apr 2021฿1.1t฿442.1b฿44.0b27.6x26x2.6x
Sun, 10 Jan 2021฿1.1t฿441.0b฿42.8b22.4x25.8x2.5x
Sat, 03 Oct 2020฿1.1t฿469.8b฿43.2b19.4x24.6x2.3x
Tue, 07 Jul 2020฿1.2t฿483.8b฿50.8b19.8x22.8x2.4x
Fri, 10 Apr 2020฿1.1t฿497.4b฿56.6b14.5x20.1x2.3x
Thu, 02 Jan 2020฿1.4t฿498.6b฿62.7b23.3x21.7x2.7x
Price to Earnings Ratio

21.7x


Total Market Cap: ฿1.4tTotal Earnings: ฿62.7bTotal Revenue: ฿498.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Telecom Sector Price to Earnings3Y Average 28x20212022
Current Industry PE
  • Investors are optimistic on the Thai Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.4x which is higher than its 3-year average PE of 28.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 9.7% 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 Telecom sector?

TH Market1.26%
Telecom0.75%
Telecom Services and Carriers1.75%
Media1.74%
Entertainment0.43%
Wireless Telecom0.40%
Interactive Media and Services0%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 76.2x.
    • Analysts are expecting annual earnings growth of 35.3%, which is higher than its past year's earnings decline of 6.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 58% over the next 5 years.
  • This is better than its past earnings growth rate of 31% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 8.4% 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
INTUCH Intouch Holdings฿73.751.0%
+฿2.4b
-0.7%PE23x
VGI VGI฿4.144.5%
+฿2.0b
-37.7%PS9.6x
THCOM Thaicom฿13.2015.8%
+฿2.0b
20.0%PE35.4x
TRUE True Corporation฿4.600.9%
+฿1.3b
0.9%PS1.1x
DTAC Total Access Communication฿42.251.2%
+฿1.2b
-4.5%PE41.9x
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Latest News

THCOM

฿13.20

Thaicom

7D

15.8%

1Y

20.0%

ADD

฿12.30

AddTech Hub

7D

-13.4%

1Y

-57.2%

JAS

฿2.34

Jasmine International

7D

-1.7%

1Y

-22.5%

MONO

฿1.47

Mono Next

7D

-2.0%

1Y

1.4%

PLANB

฿8.05

Plan B Media

7D

3.2%

1Y

21.1%

GRAMMY

฿10.70

GMM Grammy

7D

-1.8%

1Y

-19.5%

YGG

฿8.90

Yggdrazil Group

7D

9.9%

1Y

-66.3%

TRUE

฿4.60

True Corporation

7D

0.9%

1Y

0.9%

BEC

฿10.60

BEC World

7D

-0.9%

1Y

-23.2%

VGI

฿4.14

VGI

7D

4.5%

1Y

-37.7%

SAMTEL

฿7.50

Samart Telcoms

7D

7.9%

1Y

20.0%

MAJOR

฿19.50

Major Cineplex Group

7D

-1.0%

1Y

3.7%

INTUCH

฿73.75

Intouch Holdings

7D

1.0%

1Y

-0.7%

DTAC

฿42.25

Total Access Communication

7D

1.2%

1Y

-4.5%

NINE

฿7.10

Nation International Edutainment

7D

-2.7%

1Y

85.9%

ONEE

฿9.15

ONE Enterprise

7D

-0.5%

1Y

-12.0%