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Thai (SET) Utilities Sector Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies30
  • 7D-4.0%
  • 3M-3.0%
  • 1Y10.6%
  • YTD6.5%

Over the last 7 days, the Utilities industry has dropped 4.0%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 11%.

Sector Valuation and Performance

Has the Thai Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Thu, 02 Dec 2021฿1.7t฿336.1b฿66.9b18.3x
Sat, 30 Oct 2021฿1.7t฿326.8b฿68.3b19.5x
Mon, 27 Sep 2021฿1.7t฿326.8b฿68.3b19.7x
Wed, 25 Aug 2021฿1.7t฿324.9b฿68.2b19.5x
Thu, 01 Jul 2021฿1.6t฿324.9b฿68.2b18.9x
Sun, 04 Apr 2021฿1.6t฿318.7b฿69.2b20.6x
Wed, 06 Jan 2021฿1.5t฿323.2b฿62.4b19.6x
Sat, 10 Oct 2020฿1.3t฿327.1b฿59.8b14.5x
Fri, 03 Jul 2020฿1.5t฿331.0b฿58.5b17.6x
Mon, 06 Apr 2020฿1.2t฿334.9b฿58.1b13.2x
Thu, 09 Jan 2020฿1.6t฿322.8b฿65.3b16.7x
Wed, 02 Oct 2019฿1.4t฿299.2b฿58.2b17.9x
Sat, 06 Jul 2019฿1.4t฿281.2b฿58.6b17.7x
Tue, 09 Apr 2019฿1.2t฿257.2b฿48.2b16.2x
Mon, 31 Dec 2018฿1.1t฿243.8b฿63.6b16.7x
PE Ratio

16.1x

Total Market Cap: ฿1.1tTotal Earnings: ฿66.7bTotal Revenue: ฿237.6b0%0%0%3 Year10 Year
201920202021

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.

Industry Trends

Which industries have driven the changes within the Thai Utilities sector?

Water Utilities-2.72%
Renewable Energy-3.94%
Electric Utilities-7.25%
Gas Utilities-9.80%

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.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
No data available
Simply Wall St
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