Has the Thai Utilities Sector valuation changed over the past few years?
|Thu, 02 Dec 2021||฿1.7t||฿336.1b||฿66.9b||18.3x|
|Sat, 30 Oct 2021||฿1.7t||฿326.8b||฿68.3b||19.5x|
|Mon, 27 Sep 2021||฿1.7t||฿326.8b||฿68.3b||19.7x|
|Wed, 25 Aug 2021||฿1.7t||฿324.9b||฿68.2b||19.5x|
|Thu, 01 Jul 2021||฿1.6t||฿324.9b||฿68.2b||18.9x|
|Sun, 04 Apr 2021||฿1.6t||฿318.7b||฿69.2b||20.6x|
|Wed, 06 Jan 2021||฿1.5t||฿323.2b||฿62.4b||19.6x|
|Sat, 10 Oct 2020||฿1.3t||฿327.1b||฿59.8b||14.5x|
|Fri, 03 Jul 2020||฿1.5t||฿331.0b||฿58.5b||17.6x|
|Mon, 06 Apr 2020||฿1.2t||฿334.9b||฿58.1b||13.2x|
|Thu, 09 Jan 2020||฿1.6t||฿322.8b||฿65.3b||16.7x|
|Wed, 02 Oct 2019||฿1.4t||฿299.2b||฿58.2b||17.9x|
|Sat, 06 Jul 2019||฿1.4t||฿281.2b||฿58.6b||17.7x|
|Tue, 09 Apr 2019||฿1.2t||฿257.2b||฿48.2b||16.2x|
|Mon, 31 Dec 2018||฿1.1t||฿243.8b||฿63.6b||16.7x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Utilities industry have remained mostly flat over the last three years, while revenues for these companies have grown 12% 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 and as a result, profits have held steady.
Which industries have driven the changes within the Thai Utilities sector?
Industry PE: Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio of 22.5x. However analysts expect its future annual earnings growth (64%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today. Meanwhile, investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 8.9x.
Forecasted Growth: Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 64% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Electric Utilities industry is expected to see its earnings decline by 38% per year over the next few years.
Which companies have driven the market over the last 7 days?
|No data available|
Gulf Energy Development
Global Power Synergy