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Thai (SET) Media Industry Analysis

UpdatedDec 26, 2025
DataAggregated Company Financials
Companies24
  • 7D-1.3%
  • 3M-24.5%
  • 1Y-55.9%
  • YTD-57.2%

Over the last 7 days, the Media industry has dropped 2.3%, driven by VGI declining 4.0%. On the other hand Amarin Corporations is actually up 8.5%. However, the industry is down 56% over the past year. As for the next few years, earnings are expected to grow by 6.4% per annum.

Industry Valuation and Performance

Has the Thai Media Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Dec 2025฿69.1b฿37.6b-฿704,546,154.0017.6x-98.1x1.8x
Sun, 23 Nov 2025฿72.0b฿37.3b-฿932,701,859.0017.9x-77.2x1.9x
Tue, 21 Oct 2025฿78.5b฿37.7b-฿783,394,660.0018.9x-100.3x2.1x
Thu, 18 Sep 2025฿103.3b฿37.8b-฿782,108,268.0022.1x-132.1x2.7x
Sat, 16 Aug 2025฿102.4b฿37.9b-฿496,676,464.0020.5x-206.2x2.7x
Mon, 14 Jul 2025฿101.2b฿38.0b-฿360,697,198.0020.5x-280.7x2.7x
Wed, 11 Jun 2025฿109.4b฿38.8b-฿532,193,315.0020.6x-205.6x2.8x
Fri, 09 May 2025฿109.1b฿39.6b-฿1,233,346,392.0019.8x-88.4x2.8x
Sun, 06 Apr 2025฿119.1b฿39.4b-฿1,268,761,394.0020.9x-93.8x3x
Tue, 04 Mar 2025฿132.5b฿39.6b-฿593,073,303.0022.4x-223.4x3.3x
Thu, 30 Jan 2025฿142.9b฿39.8b-฿2,736,884,669.0018.4x-52.2x3.6x
Sat, 28 Dec 2024฿124.4b฿39.8b-฿2,736,884,669.0022.1x-45.4x3.1x
Mon, 25 Nov 2024฿113.7b฿41.8b-฿4,815,730,191.0020.1x-23.6x2.7x
Wed, 23 Oct 2024฿117.2b฿41.6b-฿4,455,974,982.0019.6x-26.3x2.8x
Fri, 20 Sep 2024฿123.7b฿41.4b-฿4,468,449,445.0021.3x-27.7x3x
Sun, 18 Aug 2024฿99.1b฿40.7b-฿4,385,851,975.0020.4x-22.6x2.4x
Tue, 16 Jul 2024฿96.8b฿40.1b-฿4,606,543,266.0020.6x-21x2.4x
Thu, 13 Jun 2024฿98.0b฿40.0b-฿4,697,790,266.0026x-20.9x2.5x
Sat, 11 May 2024฿102.5b฿38.6b-฿4,241,032,846.0026.3x-24.2x2.7x
Mon, 08 Apr 2024฿105.8b฿38.6b-฿4,246,190,552.0027x-24.9x2.7x
Wed, 06 Mar 2024฿101.3b฿39.2b-฿1,554,395,691.0026.6x-65.2x2.6x
Fri, 02 Feb 2024฿104.7b฿38.1b฿1.8b28.4x58.9x2.7x
Sun, 31 Dec 2023฿110.9b฿38.1b฿1.8b29.9x62.4x2.9x
Tue, 28 Nov 2023฿108.9b฿38.2b฿1.8b27.4x61.1x2.9x
Thu, 26 Oct 2023฿111.1b฿37.5b฿2.0b32.8x55.6x3x
Sat, 23 Sep 2023฿127.0b฿37.5b฿2.0b36.2x63.6x3.4x
Mon, 21 Aug 2023฿123.6b฿37.5b฿2.0b32.3x61.7x3.3x
Wed, 19 Jul 2023฿124.9b฿36.8b฿3.7b29.8x33.5x3.4x
Fri, 16 Jun 2023฿134.6b฿36.8b฿3.7b32x36.1x3.7x
Sun, 14 May 2023฿135.4b฿35.6b฿3.6b30.6x37.5x3.8x
Tue, 11 Apr 2023฿144.6b฿35.7b฿3.6b32.9x39.9x4.1x
Thu, 09 Mar 2023฿158.3b฿37.3b฿3.8b33.3x41.7x4.2x
Sat, 04 Feb 2023฿169.1b฿35.1b฿3.7b27.9x45.7x4.8x
Mon, 02 Jan 2023฿153.8b฿35.1b฿3.7b25.5x41.6x4.4x
Price to Earnings Ratio

41.6x


Total Market Cap: ฿153.8bTotal Earnings: ฿3.7bTotal Revenue: ฿35.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Media Industry Price to Earnings3Y Average -34.6x20242025
Current Industry PE
  • Investors are pessimistic on the Thai Media industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • Total earnings for the Media industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 2.3% per year.
  • This means that although more sales are being generated, 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 Market1.17%
Telecom1.40%
Media-1.29%
Publishing3.97%
Cable and Satellite0%0
Broadcasting-0.0099%
Advertising-2.44%
Industry PE
  • Investors are most optimistic about the Advertising industry which is trading above its 3-year average PE ratio of 39.9x.
    • Analysts are expecting annual earnings growth of 5.3%, which is higher than its past year's earnings decline of 3.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Broadcasting industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 71% per year.
  • In contrast, the Advertising industry is expected to see its earnings grow by 5.3% 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
TURTLE Super Turtle฿3.668.9%
+฿476.9m
-47.7%PS6.2x
AMARIN Amarin Corporations฿2.560.8%
+฿20.0m
-17.9%PS0.7x
ADD AddTech Hub฿3.241.9%
+฿10.1m
-38.3%PE19.7x
ARIP ARIP฿0.444.8%
+฿9.3m
-18.5%PE18.2x
PICO Pico (Thailand)฿4.340.9%
+฿8.6m
10.7%PE47.4x

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