Has the Thai Telecom Sector valuation changed over the past few years?
|Fri, 03 Dec 2021||฿1.4t||฿468.8b||฿42.7b||30.4x|
|Sun, 31 Oct 2021||฿1.3t||฿464.5b||฿40.3b||34.6x|
|Tue, 28 Sep 2021||฿1.3t||฿464.8b||฿40.8b||29.8x|
|Thu, 26 Aug 2021||฿1.2t||฿445.5b||฿43.7b||27.1x|
|Fri, 02 Jul 2021||฿1.1t||฿445.5b||฿43.7b||25.9x|
|Mon, 05 Apr 2021||฿1.1t||฿442.1b||฿44.0b||27.6x|
|Thu, 07 Jan 2021||฿1.1t||฿441.0b||฿42.8b||22.4x|
|Wed, 30 Sep 2020||฿1.1t||฿469.8b||฿43.2b||19.4x|
|Sat, 04 Jul 2020||฿1.2t||฿483.8b||฿50.8b||19.8x|
|Tue, 07 Apr 2020||฿1.1t||฿497.4b||฿56.6b||14.5x|
|Fri, 10 Jan 2020||฿1.4t||฿498.6b||฿62.7b||23.3x|
|Thu, 03 Oct 2019||฿1.5t||฿491.6b||฿51.5b||19x|
|Sun, 07 Jul 2019||฿1.5t||฿487.9b||฿43.5b||20.4x|
|Wed, 10 Apr 2019||฿1.3t||฿513.8b||฿52.0b||19.7x|
|Tue, 01 Jan 2019||฿1.2t||฿513.3b||฿53.3b||20.3x|
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.
Which industries have driven the changes within the Thai Telecom sector?
|Telecom Services and Carriers||-3.36%|
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.
Which companies have driven the market over the last 7 days?
Total Access Communication
Major Cineplex Group
Advanced Info Service
Plan B Media