Thai (SET) Telecom Services and Carriers Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies7
- 7D-2.4%
- 3M-5.7%
- 1Y-15.6%
- YTD-17.0%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.9%, driven by a pullback from True Corporation of 6.7%. On the other hand Jasmine International is actually up 20%. However, the industry is down 16% over the past year. As for the next few years, earnings are expected to grow by 94% per annum.
Industry Valuation and Performance
Has the Thai Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | ฿405.3b | ฿322.2b | -฿32,414,041,964.00 | 13.8x | -12.5x | 1.3x |
| Thu, 02 Nov 2023 | ฿418.9b | ฿299.9b | -฿38,504,965,451.00 | 12.9x | -10.9x | 1.4x |
| Sat, 30 Sep 2023 | ฿458.2b | ฿299.9b | -฿38,504,965,451.00 | 13.9x | -11.9x | 1.5x |
| Mon, 28 Aug 2023 | ฿455.0b | ฿299.9b | -฿38,504,965,451.00 | 14.2x | -11.8x | 1.5x |
| Wed, 26 Jul 2023 | ฿438.8b | ฿285.6b | -฿36,593,677,824.00 | 13.1x | -12x | 1.5x |
| Fri, 23 Jun 2023 | ฿429.2b | ฿285.6b | -฿36,593,677,824.00 | 14.6x | -11.7x | 1.5x |
| Sun, 21 May 2023 | ฿423.0b | ฿287.1b | -฿36,593,672,824.00 | 15.2x | -11.6x | 1.5x |
| Tue, 18 Apr 2023 | ฿495.7b | ฿303.4b | -฿37,882,461,577.00 | 16.6x | -13.1x | 1.6x |
| Thu, 16 Mar 2023 | ฿477.5b | ฿303.7b | -฿37,882,461,577.00 | 15.6x | -12.6x | 1.6x |
| Sat, 11 Feb 2023 | ฿213.5b | ฿175.9b | -฿4,983,075,004.00 | 32x | -42.8x | 1.2x |
| Mon, 09 Jan 2023 | ฿212.2b | ฿175.9b | -฿4,983,075,004.00 | 30.5x | -42.6x | 1.2x |
| Wed, 07 Dec 2022 | ฿203.2b | ฿175.9b | -฿4,983,075,004.00 | 27.4x | -40.8x | 1.2x |
| Fri, 04 Nov 2022 | ฿213.0b | ฿175.8b | -฿2,429,195,906.00 | 24.3x | -87.7x | 1.2x |
| Sun, 02 Oct 2022 | ฿216.0b | ฿175.8b | -฿2,429,195,906.00 | 23.7x | -88.9x | 1.2x |
| Tue, 30 Aug 2022 | ฿197.7b | ฿175.8b | -฿2,429,195,906.00 | 23.5x | -81.4x | 1.1x |
| Thu, 28 Jul 2022 | ฿202.3b | ฿175.1b | -฿3,036,392,737.00 | 39.9x | -66.6x | 1.2x |
| Sat, 25 Jun 2022 | ฿209.5b | ฿175.1b | -฿3,036,392,737.00 | 40.4x | -69x | 1.2x |
| Mon, 23 May 2022 | ฿200.3b | ฿175.1b | -฿3,036,392,737.00 | 43.2x | -66x | 1.1x |
| Wed, 20 Apr 2022 | ฿221.2b | ฿175.3b | -฿2,344,637,237.00 | 49x | -94.3x | 1.3x |
| Fri, 18 Mar 2022 | ฿220.1b | ฿175.3b | -฿2,344,637,237.00 | 48.6x | -93.9x | 1.3x |
| Sun, 13 Feb 2022 | ฿223.9b | ฿170.2b | -฿3,662,376,861.00 | 39.1x | -61.1x | 1.3x |
| Tue, 11 Jan 2022 | ฿208.4b | ฿170.2b | -฿3,848,496,681.00 | 32.1x | -54.2x | 1.2x |
| Thu, 09 Dec 2021 | ฿206.6b | ฿170.2b | -฿3,848,496,681.00 | 27.4x | -53.7x | 1.2x |
| Sat, 06 Nov 2021 | ฿173.7b | ฿170.1b | -฿3,741,970,813.00 | 31.1x | -46.4x | 1x |
| Mon, 04 Oct 2021 | ฿173.1b | ฿170.4b | -฿3,811,068,813.00 | 29.9x | -45.4x | 1x |
| Wed, 01 Sep 2021 | ฿132.2b | ฿151.1b | -฿913,744,263.00 | 27.3x | -144.7x | 0.9x |
| Thu, 08 Jul 2021 | ฿130.1b | ฿151.1b | -฿913,744,263.00 | 24.6x | -142.4x | 0.9x |
| Wed, 31 Mar 2021 | ฿134.6b | ฿150.7b | ฿1.0b | 28.2x | 133.5x | 0.9x |
| Sat, 02 Jan 2021 | ฿131.9b | ฿150.6b | ฿1.6b | 18.9x | 84.9x | 0.9x |
Price to Earnings Ratio
84.9x
Current Industry PE
- Investors are relatively neutral on the Thai Telecom industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Telecom industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 23% 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 Market | -0.66% | |
| Telecom | 0.36% | |
| Telecom Services and Carriers | -2.41% | |
| Alternative Carriers | 2.77% | |
| Integrated Telecom Services | -2.67% | |
Industry PE
- Investors are most optimistic about the Alternative Carriers industry even though it's trading below its 3-year average PE ratio of 47.2x.
- Analysts are expecting annual earnings decline of 17.4%, which is worse than the prior year's decline of 0.5%.
Forecasted Growth
- Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 100% over the next 5 years.
- However this is lower than its past earnings growth rate of 216% per year.
- In contrast, the Alternative Carriers industry is expected to see its earnings decline by 17% 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 | |
|---|---|---|---|---|---|
| JAS Jasmine International | ฿2.28 | 12.9% +฿2.2b | -1.7% | PE14.7x | |
| SYMC Symphony Communication | ฿8.35 | 3.7% +฿130.1m | 34.7% | PE13.8x |