Thai (SET) Entertainment Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies14
- 7D-1.2%
- 3M-5.8%
- 1Y-24.3%
- YTD-7.3%
Over the last 7 days, the Entertainment industry has dropped 2.2%, driven by a pullback from ONE Enterprise of 8.4%. Meanwhile, Miss Grand International actually outperformed within the industry, gaining 8.0% in the last week. However, the industry is down 24% over the past year. Looking forward, earnings are forecast to decline by 19% per year.
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 |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | ฿62.4b | ฿31.3b | ฿3.2b | 20.6x | 19.4x | 2x |
| Sat, 23 Mar 2024 | ฿61.5b | ฿30.7b | ฿3.1b | 21.5x | 19.9x | 2x |
| Mon, 19 Feb 2024 | ฿61.0b | ฿29.6b | ฿3.0b | 22.4x | 20.6x | 2.1x |
| Wed, 17 Jan 2024 | ฿61.5b | ฿29.6b | ฿3.0b | 25.3x | 20.8x | 2.1x |
| Fri, 15 Dec 2023 | ฿60.2b | ฿29.6b | ฿3.0b | 22.3x | 20.4x | 2x |
| Sun, 12 Nov 2023 | ฿63.2b | ฿29.4b | ฿1.9b | 33.4x | 33.1x | 2.1x |
| Tue, 10 Oct 2023 | ฿65.4b | ฿29.4b | ฿1.9b | 34.8x | 34x | 2.2x |
| Thu, 07 Sep 2023 | ฿71.9b | ฿29.4b | ฿1.9b | 38.5x | 37.4x | 2.4x |
| Sat, 05 Aug 2023 | ฿73.6b | ฿28.3b | ฿1.6b | 38.6x | 46x | 2.6x |
| Mon, 03 Jul 2023 | ฿73.7b | ฿28.3b | ฿1.6b | 35.2x | 46.1x | 2.6x |
| Wed, 31 May 2023 | ฿79.0b | ฿28.3b | ฿1.6b | 38.8x | 49.4x | 2.8x |
| Fri, 28 Apr 2023 | ฿76.3b | ฿27.6b | ฿1.7b | 41.2x | 46.1x | 2.8x |
| Sun, 26 Mar 2023 | ฿79.6b | ฿27.6b | ฿1.7b | 44.6x | 48.1x | 2.9x |
| Tue, 21 Feb 2023 | ฿86.8b | ฿26.3b | ฿1.0b | 49.6x | 85.9x | 3.3x |
| Thu, 19 Jan 2023 | ฿90.8b | ฿26.3b | ฿1.0b | 53.7x | 89.9x | 3.5x |
| Sat, 17 Dec 2022 | ฿88.7b | ฿26.3b | ฿1.0b | 51x | 87.8x | 3.4x |
| Mon, 14 Nov 2022 | ฿91.8b | ฿23.7b | ฿2.8b | 35.9x | 32.6x | 3.9x |
| Wed, 12 Oct 2022 | ฿89.8b | ฿23.6b | ฿2.8b | 38.4x | 32x | 3.8x |
| Fri, 09 Sep 2022 | ฿95.9b | ฿23.6b | ฿2.8b | 46.2x | 34.2x | 4.1x |
| Sun, 07 Aug 2022 | ฿92.9b | ฿22.2b | ฿2.6b | 34.9x | 35.1x | 4.2x |
| Tue, 05 Jul 2022 | ฿93.8b | ฿22.2b | ฿2.6b | 32.3x | 35.5x | 4.2x |
| Thu, 02 Jun 2022 | ฿102.1b | ฿22.2b | ฿2.6b | 39.1x | 38.6x | 4.6x |
| Sat, 30 Apr 2022 | ฿109.1b | ฿21.8b | ฿3.2b | 42.6x | 33.9x | 5x |
| Mon, 28 Mar 2022 | ฿104.5b | ฿21.6b | ฿3.2b | 30x | 32.7x | 4.8x |
| Wed, 23 Feb 2022 | ฿103.3b | ฿22.2b | ฿3.5b | 30.1x | 29.4x | 4.7x |
| Fri, 21 Jan 2022 | ฿107.3b | ฿22.0b | ฿3.8b | 47.6x | 28.5x | 4.9x |
| Sun, 19 Dec 2021 | ฿104.1b | ฿22.0b | ฿3.8b | 46.5x | 27.7x | 4.7x |
| Tue, 16 Nov 2021 | ฿102.6b | ฿18.0b | ฿914.7m | 65.4x | 112.2x | 5.7x |
| Thu, 14 Oct 2021 | ฿78.1b | ฿18.1b | ฿987.9m | 45.7x | 79.1x | 4.3x |
| Sat, 11 Sep 2021 | ฿73.5b | ฿18.1b | ฿987.9m | 41.5x | 74.4x | 4.1x |
| Mon, 09 Aug 2021 | ฿71.1b | ฿18.1b | ฿987.9m | 43.8x | 71.9x | 3.9x |
| Sun, 02 May 2021 | ฿75.5b | ฿17.5b | ฿529.4m | 59.3x | 142.5x | 4.3x |
Price to Earnings Ratio
142.5x
Current Industry PE
- Investors are pessimistic on the Thai Entertainment 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 19.5x which is lower than its 3-year average PE of 51.0x.
- The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have grown 82% per year over the last three years.
- Revenues for these companies have grown 21% 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 industry?
| TH Market | -0.42% | |
| Telecom | -1.25% | |
| Entertainment | -1.24% | |
| Movies and Entertainment | -1.21% | |
| Interactive Home Entertainment | -1.71% | |
Industry PE
- Investors are most optimistic about the Movies and Entertainment industry even though it's trading below its 3-year average PE ratio of 83.4x.
- Analysts are expecting annual earnings decline of 18.8%, which is lower than the prior year's growth of 24.8% per year.
- Investors are most pessimistic about the Interactive Home Entertainment industry, which is trading below its 3-year average of 21.5x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Movies and Entertainment industry since they expect its earnings to decline by only 19% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 25% per year.
- In contrast, the Movies and 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 | |
|---|---|---|---|---|---|
| MGI Miss Grand International | ฿21.60 | 8.5% +฿357.0m | n/a | PE38x | |
| MAJOR Major Cineplex Group | ฿14.80 | 2.8% +฿331.7m | -11.9% | PE11.8x | |
| RS RS | ฿12.80 | 1.6% +฿213.9m | -11.7% | PE9.8x | |
| DV8 DV8 | ฿0.44 | 4.8% +฿26.4m | -25.4% | PS4.3x | |
| AS Asphere Innovations | ฿5.75 | 0.9% +฿25.0m | -60.3% | PE13.1x |