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Thai (SET) Telecom Services and Carriers Industry Analysis

UpdatedApr 06, 2026
DataAggregated Company Financials
Companies7
  • 7D5.4%
  • 3M22.4%
  • 1Y27.6%
  • YTD22.4%

All of the companies in the Telecom Services and Carriers industry have been up over the last week, with the industry up 5.4%. In the last 12 months, the industry was up 28%. Earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the Thai Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Apr 2026฿567.5b฿214.9b฿8.8b54.2x64.3x2.6x
Wed, 04 Mar 2026฿557.7b฿214.9b฿8.8b52.3x63.2x2.6x
Fri, 30 Jan 2026฿468.5b฿219.2b฿558.5m21.9x838.8x2.1x
Sun, 28 Dec 2025฿452.0b฿219.2b฿558.5m19.4x809.3x2.1x
Tue, 25 Nov 2025฿445.2b฿219.4b฿558.5m17.3x797x2x
Thu, 23 Oct 2025฿436.2b฿222.2b-฿3,789,351,023.0015.1x-115.1x2x
Sat, 20 Sep 2025฿425.8b฿222.2b-฿3,789,351,023.0016.4x-112.4x1.9x
Mon, 18 Aug 2025฿426.5b฿222.2b-฿3,789,351,023.0017.8x-112.5x1.9x
Wed, 16 Jul 2025฿444.1b฿223.8b-฿6,986,301,387.0018.1x-63.6x2x
Fri, 13 Jun 2025฿469.6b฿223.8b-฿6,986,301,387.0018.5x-67.2x2.1x
Sun, 11 May 2025฿500.2b฿223.4b-฿7,041,218,204.0025.9x-71x2.2x
Tue, 08 Apr 2025฿444.3b฿223.4b-฿9,276,041,204.0024.5x-47.9x2x
Thu, 06 Mar 2025฿450.1b฿223.4b-฿9,276,041,204.0028x-48.5x2x
Sat, 01 Feb 2025฿480.2b฿283.2b฿5.6b15.3x86.4x1.7x
Mon, 30 Dec 2024฿468.0b฿283.2b฿5.6b17.2x84.2x1.7x
Wed, 27 Nov 2024฿494.2b฿283.2b฿5.6b17.9x88.9x1.7x
Fri, 25 Oct 2024฿502.6b฿282.3b฿4.5b44.7x110.5x1.8x
Sun, 22 Sep 2024฿484.5b฿282.3b฿4.5b38.1x106.5x1.7x
Tue, 20 Aug 2024฿443.9b฿282.3b฿4.5b31.8x97.6x1.6x
Thu, 18 Jul 2024฿406.8b฿280.1b฿3.7b17.6x109.6x1.5x
Sat, 15 Jun 2024฿346.3b฿277.7b฿3.6b12.2x96.9x1.2x
Mon, 13 May 2024฿348.3b฿277.1b฿3.0b15.6x115.5x1.3x
Wed, 10 Apr 2024฿331.1b฿243.4b฿4.1b14.5x80x1.4x
Fri, 08 Mar 2024฿292.5b฿243.4b฿4.1b12.5x70.7x1.2x
Sun, 04 Feb 2024฿423.4b฿322.2b-฿32,414,041,964.0012.5x-13.1x1.3x
Tue, 02 Jan 2024฿385.4b฿322.2b-฿32,414,041,964.0012.9x-11.9x1.2x
Thu, 30 Nov 2023฿414.8b฿322.2b-฿32,414,041,964.0012.5x-12.8x1.3x
Sat, 28 Oct 2023฿429.7b฿299.9b-฿38,504,965,451.0014x-11.2x1.4x
Mon, 25 Sep 2023฿477.4b฿299.9b-฿38,504,965,451.0014.7x-12.4x1.6x
Wed, 23 Aug 2023฿453.6b฿299.9b-฿38,504,965,451.0013.5x-11.8x1.5x
Fri, 21 Jul 2023฿442.0b฿285.6b-฿36,593,677,824.0013.3x-12.1x1.5x
Sun, 18 Jun 2023฿431.7b฿285.6b-฿36,593,677,824.0015.3x-11.8x1.5x
Tue, 16 May 2023฿449.1b฿303.0b-฿38,889,804,577.0016.3x-11.5x1.5x
Thu, 13 Apr 2023฿496.0b฿303.4b-฿37,882,461,577.0016.8x-13.1x1.6x
Price to Earnings Ratio

-13.1x


Total Market Cap: ฿496.0bTotal Earnings: -฿37,882,461,577.00Total Revenue: ฿303.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Telecom Services and Carriers Industry Price to Earnings3Y Average 86.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Telecom 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 64.3x which is lower than its 3-year average PE of 86.6x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • Total earnings for the Telecom industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 11% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Thai Telecom industry?

TH Market0.46%
Telecom1.42%
Telecom Services and Carriers5.40%
Integrated Telecom Services5.41%
Alternative Carriers5.08%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 254x.
    • Analysts are expecting annual earnings growth of 29.8%, which is higher than its past year's earnings decline of 56.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 41% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 30% 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
TRUE True Corporation฿14.505.8%
+฿27.6b
26.1%PE54.2x
THCOM Thaicom฿12.805.8%
+฿767.3m
48.0%PE349.9x
JTS Jasmine Technology Solution฿52.501.0%
+฿349.4m
101.9%PE5158.3x
SAMTEL Samart Telcoms฿3.864.9%
+฿111.2m
-27.2%PE23.8x
SYMC Symphony Communication฿3.866.6%
+฿104.1m
-12.3%PE13.9x

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