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

UpdatedJul 11, 2025
DataAggregated Company Financials
Companies8
  • 7D-2.4%
  • 3M-6.9%
  • 1Y-29.7%
  • YTDn/a

Over the last 7 days, the Independent Power Producers and Energy Traders industry has dropped 2.4%, driven by a pullback from Gulf Development of 2.4%. Overall the industry is down 30% in 12 months. Earnings are forecast to grow by 14% 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, 12 Jul 2025฿832.4b฿360.7b฿39.8b15.5x20.9x2.3x
Mon, 09 Jun 2025฿909.3b฿360.7b฿39.8b17x22.9x2.5x
Wed, 07 May 2025฿961.9b฿369.1b฿35.8b16.8x26.9x2.6x
Fri, 04 Apr 2025฿225.2b฿248.2b฿17.7b11.9x12.8x0.9x
Sun, 02 Mar 2025฿817.4b฿370.2b฿20.4b19.6x40.1x2.2x
Tue, 28 Jan 2025฿984.0b฿370.4b฿21.5b31.1x45.7x2.7x
Thu, 26 Dec 2024฿1.0t฿370.4b฿21.5b34.2x47.9x2.8x
Sat, 23 Nov 2024฿1.1t฿370.4b฿21.5b37.1x51x3x
Mon, 21 Oct 2024฿1.2t฿378.3b฿20.4b38.9x57.6x3.1x
Wed, 18 Sep 2024฿1.0t฿378.3b฿20.4b34.4x50.3x2.7x
Fri, 16 Aug 2024฿870.3b฿382.0b฿20.5b28.3x42.5x2.3x
Sun, 14 Jul 2024฿834.5b฿382.0b฿18.3b34x45.6x2.2x
Tue, 11 Jun 2024฿819.3b฿382.0b฿18.3b33.9x44.8x2.1x
Thu, 09 May 2024฿871.4b฿388.9b฿20.5b35.8x42.6x2.2x
Sat, 06 Apr 2024฿895.6b฿388.9b฿20.5b36.5x43.7x2.3x
Mon, 04 Mar 2024฿890.9b฿388.9b฿21.2b35.4x42x2.3x
Wed, 31 Jan 2024฿913.0b฿426.4b฿33.5b23.9x27.2x2.1x
Fri, 29 Dec 2023฿916.6b฿426.4b฿33.5b24.4x27.3x2.1x
Sun, 26 Nov 2023฿905.6b฿426.4b฿33.5b24.9x27x2.1x
Tue, 24 Oct 2023฿838.6b฿448.1b฿27.5b21.7x30.5x1.9x
Thu, 21 Sep 2023฿936.1b฿448.1b฿27.5b23.4x34x2.1x
Sat, 19 Aug 2023฿1.0t฿448.1b฿27.5b24.7x36.5x2.2x
Mon, 17 Jul 2023฿1.0t฿449.1b฿23.1b47.7x43.9x2.3x
Wed, 14 Jun 2023฿1.0t฿449.1b฿23.1b46.2x44.5x2.3x
Fri, 12 May 2023฿1.1t฿443.1b฿25.2b30x44.2x2.5x
Sun, 09 Apr 2023฿1.1t฿443.1b฿24.4b30.5x46.2x2.5x
Tue, 07 Mar 2023฿1.1t฿443.1b฿24.6b41.6x44.5x2.5x
Thu, 02 Feb 2023฿1.2t฿397.0b฿28.8b47.2x41.4x3x
Sat, 31 Dec 2022฿1.2t฿397.0b฿28.8b47.5x41.7x3x
Mon, 28 Nov 2022฿1.1t฿397.0b฿28.8b45.2x39.4x2.9x
Wed, 26 Oct 2022฿1.1t฿336.6b฿30.8b29.5x34.9x3.2x
Fri, 23 Sep 2022฿1.2t฿336.6b฿30.8b32.5x37.5x3.4x
Sun, 21 Aug 2022฿1.1t฿336.6b฿30.8b33.1x36.1x3.3x
Tue, 19 Jul 2022฿1.1t฿296.0b฿36.2b23x29.9x3.7x
Price to Earnings Ratio

29.9x


Total Market Cap: ฿1.1tTotal Earnings: ฿36.2bTotal Revenue: ฿296.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Independent Power Producers and Energy Traders Industry Price to Earnings3Y Average 38.6x202320242025
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 20.9x which is lower than its 3-year average PE of 38.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Independent Power Producers and Energy Traders industry have grown 3.1% per year over the last three years.
  • Revenues for these companies have grown 6.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

TH Market-1.49%
Utilities-1.91%
Renewable Energy-1.98%
Independent Power Producers and Energy Traders-2.39%
Renewable Energy0.71%
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
EGCO Electricity Generating฿104.002.0%
+฿1.1b
-2.3%PE7.5x
SCG Ratch Pathana Energy฿2.7023.9%
+฿605.1m
-25.8%PS0.9x
GTV Green Tech Ventures฿0.0912.5%
+฿131.3m
-30.8%PS3.1x

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