Thai (SET) Renewable Energy Industry Analysis
- 7D0.2%
- 3M13.1%
- 1Y19.1%
- YTD0.3%
Over the last 7 days, the Renewable Energy industry has remained flat, although notably Gulf Energy Development gained 3.1%. The past year has been better, since the industry has gained 19% in that time.
Industry Valuation and Performance
Has the Thai Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 21 Jan 2022 | ฿1.8t | ฿306.1b | ฿59.4b | 20.4x |
| Sun, 19 Dec 2021 | ฿1.7t | ฿306.1b | ฿59.4b | 19.1x |
| Tue, 16 Nov 2021 | ฿1.6t | ฿303.9b | ฿59.3b | 19.5x |
| Thu, 14 Oct 2021 | ฿1.6t | ฿297.1b | ฿61.7b | 21x |
| Sat, 11 Sep 2021 | ฿1.6t | ฿297.1b | ฿61.7b | 22.2x |
| Mon, 09 Aug 2021 | ฿1.5t | ฿295.1b | ฿61.5b | 19.4x |
| Sun, 02 May 2021 | ฿1.5t | ฿289.2b | ฿61.8b | 20.2x |
| Wed, 03 Feb 2021 | ฿1.5t | ฿293.2b | ฿56.3b | 20.6x |
| Sat, 07 Nov 2020 | ฿1.1t | ฿297.1b | ฿53.8b | 13.8x |
| Fri, 31 Jul 2020 | ฿1.4t | ฿300.2b | ฿51.7b | 17.9x |
| Mon, 04 May 2020 | ฿1.4t | ฿303.2b | ฿51.4b | 17.2x |
| Thu, 06 Feb 2020 | ฿1.5t | ฿290.7b | ฿56.9b | 15.9x |
| Sun, 10 Nov 2019 | ฿1.4t | ฿267.0b | ฿49.7b | 18.6x |
| Sat, 03 Aug 2019 | ฿1.2t | ฿249.6b | ฿50.3b | 16.7x |
| Tue, 07 May 2019 | ฿1.1t | ฿226.5b | ฿41.1b | 16.9x |
| Fri, 08 Feb 2019 | ฿1.0t | ฿214.1b | ฿56.6b | 16.8x |
16.8x
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 17.8x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Renewable Energy industry have remained mostly flat over the last three years, while revenues for these companies have grown 13% 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 Renewable Energy industry?
| Independent Power Producers and Energy Traders | 0.47% | |
| Renewable Energy | -0.35% | |
Industry PE: Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 26.8x. However analysts are expecting annual earnings growth of 27%, which is lower than the prior year's growth of 54% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Renewable Energy industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 15.2x.
Forecasted Growth: Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 27% over the next 5 years. However this is lower than its past earnings growth rate of 54% per year. Meanwhile, the Renewable Energy industry is expected to see its earnings grow by 24% 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 | |
|---|---|---|---|---|---|
| GULF Gulf Energy Development | ฿50.50 | 3.1% +฿17.6b | 47.4% | PE91.6x | |
| GUNKUL Gunkul Engineering | ฿6.85 | 15.1% +฿8.0b | 165.5% | PE17.8x | |
| SSP Sermsang Power Corporation | ฿13.20 | 4.8% +฿1.0b | -1.9% | PE17.1x | |
| SPCG SPCG | ฿18.90 | 1.6% +฿316.7m | -5.0% | PE7.9x | |
| EP Eastern Power Group | ฿6.35 | 3.3% +฿186.5m | 23.3% | PE21.2x |