Thai (SET) Telecom Sector Analysis
UpdatedMay 03, 2024
DataAggregated Company Financials
Companies46
- 7D3.2%
- 3M1.0%
- 1Y-5.4%
- YTD4.0%
In the last week, the Telecom industry is up 3.2%, with Advanced Info Service up 6.2%. Meanwhile, Super Turtle actually underperformed within the industry, shrinking 7.9% in the last week. In the past year, the industry is down 5.4%. Looking forward, earnings are forecast to grow by 29% 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 |
|---|---|---|---|---|---|---|
| Fri, 03 May 2024 | ฿1.3t | ฿508.7b | ฿47.0b | 21.4x | 28.3x | 2.6x |
| Sun, 31 Mar 2024 | ฿1.3t | ฿502.0b | ฿47.9b | 21.7x | 27.3x | 2.6x |
| Tue, 27 Feb 2024 | ฿1.3t | ฿502.2b | ฿48.2b | 21.9x | 26.9x | 2.6x |
| Thu, 25 Jan 2024 | ฿1.6t | ฿641.8b | ฿16.6b | 22.3x | 95.2x | 2.5x |
| Sat, 23 Dec 2023 | ฿1.6t | ฿641.8b | ฿16.6b | 23.2x | 94.3x | 2.4x |
| Mon, 20 Nov 2023 | ฿1.6t | ฿642.0b | ฿16.8b | 22x | 95.2x | 2.5x |
| Wed, 18 Oct 2023 | ฿1.7t | ฿618.7b | ฿7.0b | 29.9x | 237.6x | 2.7x |
| Fri, 15 Sep 2023 | ฿1.7t | ฿618.8b | ฿7.0b | 34.4x | 241.1x | 2.7x |
| Sun, 13 Aug 2023 | ฿1.7t | ฿618.2b | ฿8.4b | 27.5x | 197.6x | 2.7x |
| Tue, 11 Jul 2023 | ฿1.6t | ฿603.2b | ฿8.9b | 29.2x | 182.2x | 2.7x |
| Thu, 08 Jun 2023 | ฿1.7t | ฿603.2b | ฿8.8b | 32.5x | 187.3x | 2.7x |
| Sat, 06 May 2023 | ฿1.7t | ฿617.7b | ฿6.9b | 32.2x | 246.1x | 2.7x |
| Mon, 03 Apr 2023 | ฿1.7t | ฿617.7b | ฿6.9b | 32.4x | 249.5x | 2.8x |
| Wed, 01 Mar 2023 | ฿1.4t | ฿480.4b | ฿25.7b | 32x | 55.2x | 2.9x |
| Fri, 27 Jan 2023 | ฿1.4t | ฿494.2b | ฿37.9b | 30.7x | 37.1x | 2.8x |
| Sun, 25 Dec 2022 | ฿1.3t | ฿494.2b | ฿37.9b | 26.6x | 35.6x | 2.7x |
| Tue, 22 Nov 2022 | ฿1.4t | ฿493.9b | ฿38.0b | 28.2x | 36.1x | 2.8x |
| Thu, 20 Oct 2022 | ฿1.3t | ฿484.8b | ฿42.8b | 30.3x | 31.4x | 2.8x |
| Sat, 17 Sep 2022 | ฿1.4t | ฿484.8b | ฿42.8b | 33.7x | 32.4x | 2.9x |
| Mon, 15 Aug 2022 | ฿1.4t | ฿483.3b | ฿41.8b | 31.1x | 33.5x | 2.9x |
| Wed, 13 Jul 2022 | ฿1.4t | ฿478.7b | ฿42.0b | 29.8x | 32.9x | 2.9x |
| Fri, 10 Jun 2022 | ฿1.5t | ฿478.7b | ฿42.0b | 32.9x | 34.5x | 3x |
| Sun, 08 May 2022 | ฿1.4t | ฿478.3b | ฿43.6b | 34.3x | 32.9x | 3x |
| Tue, 05 Apr 2022 | ฿1.6t | ฿478.6b | ฿43.7b | 35.6x | 35.9x | 3.3x |
| Thu, 03 Mar 2022 | ฿1.6t | ฿479.0b | ฿43.8b | 33.9x | 35.8x | 3.3x |
| Sat, 29 Jan 2022 | ฿1.5t | ฿468.9b | ฿42.7b | 36.1x | 35.1x | 3.2x |
| Mon, 27 Dec 2021 | ฿1.5t | ฿468.9b | ฿42.7b | 30.6x | 35x | 3.2x |
| Wed, 24 Nov 2021 | ฿1.5t | ฿468.8b | ฿42.7b | 31.9x | 34.8x | 3.2x |
| Fri, 22 Oct 2021 | ฿1.3t | ฿464.8b | ฿40.8b | 31.1x | 31.8x | 2.8x |
| Sun, 19 Sep 2021 | ฿1.3t | ฿464.8b | ฿40.8b | 31x | 32.4x | 2.8x |
| Tue, 17 Aug 2021 | ฿1.2t | ฿445.5b | ฿43.7b | 24.8x | 27.5x | 2.7x |
| Tue, 01 Jun 2021 | ฿1.1t | ฿442.5b | ฿44.1b | 29x | 25.7x | 2.6x |
Price to Earnings Ratio
25.7x
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 28.3x which is lower than its 3-year average PE of 82.2x.
- 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 2.2% per year over the last three years.
- Revenues for these companies have grown 4.8% 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 | -0.11% | |
| Telecom | 3.21% | |
| Wireless Telecom | 4.01% | |
| Telecom Services and Carriers | 3.35% | |
| Interactive Media and Services | 0% | |
| Media | -0.74% | |
| Entertainment | -1.16% | |
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 94.1%, which is higher than its past year's earnings growth of 35.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 94% over the next 5 years.
- This is better than its past earnings growth rate of 36% per year.
- In contrast, the Entertainment industry is expected to see its earnings decline by 19% 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 | |
|---|---|---|---|---|---|
| ADVANC Advanced Info Service | ฿207.00 | 6.2% +฿35.7b | -3.3% | PE20x | |
| TRUE True Corporation | ฿8.15 | 6.5% +฿17.3b | 1.9% | PS1.4x | |
| INTUCH Intouch Holdings | ฿69.50 | 4.9% +฿10.4b | -7.9% | PE17x | |
| VGI VGI | ฿1.77 | 8.6% +฿1.6b | -45.0% | PS4.1x | |
| THCOM Thaicom | ฿13.10 | 3.1% +฿438.4m | 3.1% | PE40.6x |