Thai (SET) Entertainment Industry Analysis
UpdatedNov 27, 2022
DataAggregated Company Financials
Companies13
- 7D2.0%
- 3M-6.0%
- 1Y-26.9%
- YTD-27.8%
In the last week, the Entertainment industry is up 2.0%, with Major Cineplex Group leading the way, up 4.8%. Meanwhile, DV8 actually underperformed within the industry, shrinking 24% in the last week. In the past year, the industry is down 27%. As for the next few years, earnings are expected to grow by 35% per annum.
Industry Valuation and Performance
Has the Thai Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | ฿92.3b | ฿26.3b | ฿1.0b | 51.6x | 91.4x | 3.5x |
| Tue, 25 Oct 2022 | ฿91.6b | ฿23.6b | ฿2.8b | 40x | 32.7x | 3.9x |
| Thu, 22 Sep 2022 | ฿96.3b | ฿23.6b | ฿2.8b | 45x | 34.3x | 4.1x |
| Sat, 20 Aug 2022 | ฿92.5b | ฿23.6b | ฿2.8b | 39.3x | 32.8x | 3.9x |
| Mon, 18 Jul 2022 | ฿87.9b | ฿22.2b | ฿2.6b | 30.6x | 33.2x | 4x |
| Wed, 15 Jun 2022 | ฿99.6b | ฿22.2b | ฿2.6b | 36.4x | 37.7x | 4.5x |
| Fri, 13 May 2022 | ฿101.7b | ฿21.9b | ฿3.2b | 35.4x | 31.3x | 4.6x |
| Sun, 10 Apr 2022 | ฿105.9b | ฿21.6b | ฿3.2b | 30.6x | 33.1x | 4.9x |
| Tue, 08 Mar 2022 | ฿99.0b | ฿21.6b | ฿3.2b | 28.5x | 31x | 4.6x |
| Thu, 03 Feb 2022 | ฿106.9b | ฿22.0b | ฿3.8b | 45.5x | 28.4x | 4.9x |
| Sat, 01 Jan 2022 | ฿107.6b | ฿22.0b | ฿3.8b | 45.6x | 28.6x | 4.9x |
| Mon, 29 Nov 2021 | ฿105.3b | ฿22.0b | ฿3.8b | 47.1x | 28x | 4.8x |
| Wed, 27 Oct 2021 | ฿77.4b | ฿18.1b | ฿987.9m | 45.9x | 78.4x | 4.3x |
| Fri, 24 Sep 2021 | ฿75.3b | ฿18.1b | ฿987.9m | 40.6x | 76.3x | 4.2x |
| Sun, 22 Aug 2021 | ฿71.5b | ฿18.1b | ฿987.9m | 43x | 72.3x | 3.9x |
| Fri, 09 Jul 2021 | ฿79.7b | ฿18.1b | ฿987.9m | 51.4x | 80.6x | 4.4x |
| Thu, 01 Apr 2021 | ฿80.9b | ฿17.5b | ฿529.4m | 61.5x | 152.8x | 4.6x |
| Sun, 03 Jan 2021 | ฿57.9b | ฿18.1b | -฿89,085,414.00 | 43.6x | -650.4x | 3.2x |
| Wed, 07 Oct 2020 | ฿53.1b | ฿19.4b | ฿55.1m | 35.9x | 964.6x | 2.7x |
| Tue, 30 Jun 2020 | ฿49.1b | ฿21.6b | ฿340.8m | 34.4x | 143.9x | 2.3x |
| Fri, 03 Apr 2020 | ฿34.4b | ฿25.5b | ฿1.5b | 13.9x | 23.5x | 1.4x |
| Mon, 06 Jan 2020 | ฿55.1b | ฿26.9b | ฿1.8b | 32.9x | 31.3x | 2x |
Price to Earnings Ratio
36x
Current Industry PE
- Investors are optimistic on the Thai Entertainment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 91.4x which is higher than its 3-year average PE of 75.0x.
- The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have declined 13% 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 industry?
| TH Market | 0.16% | |
| Telecom | -2.08% | |
| Entertainment | 2.04% | |
| Interactive Home Entertainment | 6.80% | |
| Movies and Entertainment | 1.65% | |
Industry PE
- Investors are most optimistic about the Movies and Entertainment industry which is trading above its 3-year average PE ratio of 73.0x.
- Analysts are expecting annual earnings growth of 38.1%, which is higher than its past year's earnings decline of 9.2% per year.
- Investors are most pessimistic about the Interactive Home Entertainment industry, which is trading below its 3-year average of 22.9x.
Forecasted Growth
- Analysts are most optimistic on the Movies and Entertainment industry, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings decline of 9.2% per year.
- In contrast, the Interactive Home Entertainment industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| MAJOR Major Cineplex Group | ฿19.70 | 4.8% +฿805.2m | 1.0% | PE63.8x | |
| RS RS | ฿17.20 | 4.2% +฿672.4m | -16.5% | PE197.6x | |
| AS Asiasoft Corporation | ฿15.70 | 6.8% +฿470.8m | -29.3% | PE18.7x | |
| YGG Yggdrazil Group | ฿8.10 | 5.2% +฿240.8m | -70.6% | PE40.1x | |
| WORK Workpoint Entertainment | ฿18.50 | 0.5% +฿44.2m | -21.3% | PE69.4x |