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Thai (SET) Independent Power Producers and Energy Traders Industry Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies8
  • 7D16.1%
  • 3M29.7%
  • 1Y30.8%
  • YTDn/a

In the last week, the Independent Power Producers and Energy Traders industry is up 16%, with all of the companies up. In the last 12 months, the industry was up 31%. In the next few years, earnings are forecast to decline by 22% annually.

Industry Valuation and Performance

Has the Thai Independent Power Producers and Energy Traders Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Feb 2026฿1.2t฿320.9b฿95.2b15.9x12.8x3.8x
Wed, 14 Jan 2026฿935.0b฿323.3b฿94.7b14.3x9.9x2.9x
Fri, 12 Dec 2025฿913.5b฿323.3b฿94.7b14.3x9.7x2.8x
Sun, 09 Nov 2025฿972.3b฿333.3b฿96.9b14.6x10x2.9x
Tue, 07 Oct 2025฿926.5b฿364.9b฿100.0b11.5x9.3x2.5x
Thu, 04 Sep 2025฿1.0t฿364.9b฿100.0b11.7x10x2.8x
Sat, 02 Aug 2025฿937.8b฿360.7b฿39.8b17.6x23.6x2.6x
Mon, 30 Jun 2025฿830.3b฿360.7b฿39.8b15.8x20.9x2.3x
Wed, 28 May 2025฿944.6b฿360.7b฿39.8b17.2x23.8x2.6x
Fri, 25 Apr 2025฿920.0b฿369.1b฿35.8b16.7x25.7x2.5x
Sun, 23 Mar 2025฿827.5b฿369.1b฿35.8b16.3x23.1x2.2x
Tue, 18 Feb 2025฿943.0b฿369.9b฿20.7b30.3x45.6x2.5x
Thu, 16 Jan 2025฿987.0b฿370.4b฿21.5b31.2x45.8x2.7x
Sat, 14 Dec 2024฿1.1t฿370.4b฿21.5b35.7x49.5x2.9x
Mon, 11 Nov 2024฿1.1t฿378.4b฿19.4b39.5x56.7x2.9x
Wed, 09 Oct 2024฿1.1t฿378.3b฿20.4b35.2x51.7x2.8x
Fri, 06 Sep 2024฿981.2b฿378.3b฿20.4b32.8x48.1x2.6x
Sun, 04 Aug 2024฿893.8b฿382.0b฿18.3b36.2x48.8x2.3x
Tue, 02 Jul 2024฿793.3b฿382.0b฿18.3b32.4x43.3x2.1x
Thu, 30 May 2024฿845.7b฿379.2b฿19.7b35.8x42.8x2.2x
Sat, 27 Apr 2024฿838.7b฿388.9b฿20.5b34x41x2.2x
Mon, 25 Mar 2024฿928.2b฿388.9b฿20.5b38.8x45.3x2.4x
Wed, 21 Feb 2024฿925.2b฿411.3b฿33.8b24.7x27.4x2.2x
Fri, 19 Jan 2024฿914.4b฿426.4b฿33.5b24.2x27.3x2.1x
Sun, 17 Dec 2023฿940.5b฿426.4b฿33.5b25.1x28.1x2.2x
Tue, 14 Nov 2023฿901.7b฿437.9b฿31.2b23.9x28.9x2.1x
Thu, 12 Oct 2023฿894.4b฿448.1b฿27.5b22.9x32.5x2x
Sat, 09 Sep 2023฿973.3b฿448.1b฿27.5b24.5x35.4x2.2x
Mon, 07 Aug 2023฿1.0t฿449.1b฿23.1b47.9x44x2.3x
Wed, 05 Jul 2023฿997.5b฿449.1b฿23.1b46.4x43.2x2.2x
Fri, 02 Jun 2023฿1.0t฿449.1b฿23.1b46.4x43.5x2.2x
Sun, 30 Apr 2023฿1.1t฿443.1b฿24.4b30.7x44.7x2.5x
Tue, 28 Mar 2023฿1.1t฿443.1b฿24.4b30.6x46.7x2.6x
Thu, 23 Feb 2023฿1.2t฿420.6b฿29.5b39.5x39.9x2.8x
Price to Earnings Ratio

39.9x


Total Market Cap: ฿1.2tTotal Earnings: ฿29.5bTotal Revenue: ฿420.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Independent Power Producers and Energy Traders Industry Price to Earnings3Y Average 33.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Independent Power Producers and Energy Traders 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 12.8x which is lower than its 3-year average PE of 33.5x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Independent Power Producers and Energy Traders industry have grown 48% per year over the last three years.
  • Meanwhile revenues for these companies have declined 8.6% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Thai Independent Power Producers and Energy Traders compare with similar industries?

TH Market5.69%
Utilities14.84%
Renewable Energy15.40%
Independent Power Producers and Energy Traders16.14%
Renewable Energy9.47%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
GULF Gulf Development฿59.7512.2%
+฿97.1b
n/aPE11.9x
GPSC Global Power Synergy฿43.2511.6%
+฿12.7b
49.1%PE19.1x
BGRIM B.Grimm Power฿15.1011.9%
+฿4.2b
14.4%PE36.8x
BPP Banpu Power฿12.107.1%
+฿2.4b
43.2%PE18.8x
EGCO Electricity Generating฿123.002.1%
+฿1.3b
21.2%PE13x

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