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

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies8
  • 7D-7.4%
  • 3M-22.0%
  • 1Y-8.2%
  • YTDn/a

Over the last 7 days, the Independent Power Producers and Energy Traders industry has dropped 7.4%, driven by Gulf Energy Development declining 11%. In contrast, Global Power Synergy has gained 5.7%. Overall the industry is down 8.2% in 12 months. Looking forward, earnings are forecast to grow by 18% 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
Sat, 22 Feb 2025฿856.9b฿373.1b฿21.0b19.4x40.9x2.3x
Mon, 20 Jan 2025฿975.8b฿370.4b฿21.5b30.8x45.3x2.6x
Wed, 18 Dec 2024฿1.1t฿370.4b฿21.5b35.2x48.9x2.8x
Fri, 15 Nov 2024฿1.1t฿379.4b฿19.6b39.5x54.9x2.8x
Sun, 13 Oct 2024฿1.1t฿378.3b฿20.4b37.9x55.7x3x
Tue, 10 Sep 2024฿1.0t฿378.3b฿20.4b33.8x49.9x2.7x
Thu, 08 Aug 2024฿886.2b฿382.0b฿18.3b35.9x48.4x2.3x
Sat, 06 Jul 2024฿800.0b฿382.0b฿18.3b32.6x43.7x2.1x
Mon, 03 Jun 2024฿835.5b฿387.6b฿18.2b35.6x45.9x2.2x
Wed, 01 May 2024฿848.4b฿388.9b฿20.5b34.6x41.4x2.2x
Fri, 29 Mar 2024฿904.6b฿388.9b฿20.5b37.3x44.2x2.3x
Sun, 25 Feb 2024฿931.9b฿407.3b฿33.9b35.5x27.5x2.3x
Tue, 23 Jan 2024฿907.3b฿426.4b฿33.5b24.1x27.1x2.1x
Thu, 21 Dec 2023฿927.9b฿426.4b฿33.5b24.6x27.7x2.2x
Sat, 18 Nov 2023฿936.5b฿414.9b฿33.7b25.4x27.8x2.3x
Mon, 16 Oct 2023฿886.0b฿448.1b฿27.5b22.7x32.2x2x
Wed, 13 Sep 2023฿969.0b฿448.1b฿27.5b24.6x35.2x2.2x
Fri, 11 Aug 2023฿1.0t฿449.1b฿23.1b48.4x44.1x2.3x
Sun, 09 Jul 2023฿963.8b฿449.1b฿23.1b45x41.8x2.1x
Tue, 06 Jun 2023฿1.0t฿449.1b฿23.1b46.4x44x2.3x
Thu, 04 May 2023฿1.1t฿443.1b฿24.4b30x45x2.5x
Sat, 01 Apr 2023฿1.1t฿443.1b฿24.4b30.5x46.6x2.6x
Mon, 27 Feb 2023฿1.1t฿429.3b฿28.9b38.3x39.4x2.7x
Wed, 25 Jan 2023฿1.2t฿397.0b฿28.8b46.9x41.7x3x
Fri, 23 Dec 2022฿1.2t฿397.0b฿28.8b45.8x40.5x2.9x
Sun, 20 Nov 2022฿1.1t฿397.0b฿28.8b44.1x38.5x2.8x
Tue, 18 Oct 2022฿1.0t฿336.6b฿30.8b28.3x33.6x3.1x
Thu, 15 Sep 2022฿1.2t฿336.6b฿30.8b32.8x38.4x3.5x
Sat, 13 Aug 2022฿1.1t฿308.7b฿33.4b31.4x33.9x3.7x
Mon, 11 Jul 2022฿1.1t฿296.0b฿36.2b22.5x29.4x3.6x
Wed, 08 Jun 2022฿1.0t฿296.0b฿36.2b22.3x28.5x3.5x
Fri, 06 May 2022฿1.0t฿252.4b฿32.0b25.2x32.6x4.1x
Sun, 03 Apr 2022฿1.1t฿252.4b฿32.0b27.5x34.7x4.4x
Tue, 01 Mar 2022฿1.1t฿248.4b฿32.8b28.9x34.2x4.5x
Price to Earnings Ratio

34.2x


Total Market Cap: ฿1.1tTotal Earnings: ฿32.8bTotal Revenue: ฿248.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Independent Power Producers and Energy Traders Industry Price to Earnings3Y Average 39.5x202320242025
Current Industry PE
  • Investors are relatively neutral on the Thai Independent Power Producers and Energy Traders industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 39.5x.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Independent Power Producers and Energy Traders industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 15% 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, which has decreased profits.

Industry Comparison

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

TH Market-2.96%
Utilities-5.86%
Renewable Energy-6.34%
Independent Power Producers and Energy Traders-7.42%
Renewable Energy0.80%
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
GPSC Global Power Synergy฿29.005.5%
+฿4.2b
-45.3%PE20.1x
EGCO Electricity Generating฿101.000.5%
+฿263.2m
-22.9%PS1.3x
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Latest News

GPSC

฿29.00

Global Power Synergy

7D

5.5%

1Y

-45.3%

GULF

฿53.00

Gulf Energy Development

7D

-8.2%

1Y

17.8%

EGCO

฿101.00

Electricity Generating

7D

0.5%

1Y

-22.9%

BGRIM

฿12.60

B.Grimm Power

7D

-3.1%

1Y

-53.8%