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Thai (SET) Water Industry Analysis
UpdatedDec 31, 2025
DataAggregated Company Financials
Companies3
- 7D-1.0%
- 3M-2.0%
- 1Y-6.5%
- YTDn/a
In the last week, the Water industry is flat overall, with WHA Utilities and Power standing out by going down 4.5%. As for the longer term, the industry has declined 6.2% in the last year. Earnings are forecast to grow by 1.7% annually.
Industry Valuation and Performance
Has the Thai Water Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 31 Dec 2025 | ฿55.5b | ฿12.0b | ฿4.3b | 14.8x | 12.9x | 4.6x |
| Fri, 28 Nov 2025 | ฿54.9b | ฿12.0b | ฿4.3b | 14.7x | 12.8x | 4.6x |
| Sun, 26 Oct 2025 | ฿55.9b | ฿11.8b | ฿3.8b | 22.9x | 14.6x | 4.7x |
| Tue, 23 Sep 2025 | ฿56.9b | ฿11.8b | ฿3.8b | 23.3x | 14.9x | 4.8x |
| Thu, 21 Aug 2025 | ฿53.1b | ฿11.8b | ฿3.8b | 19.4x | 13.9x | 4.5x |
| Sat, 19 Jul 2025 | ฿51.8b | ฿12.0b | ฿3.9b | 14.9x | 13.3x | 4.3x |
| Mon, 16 Jun 2025 | ฿49.9b | ฿12.0b | ฿3.9b | 14.1x | 12.8x | 4.2x |
| Wed, 14 May 2025 | ฿51.2b | ฿12.0b | ฿3.7b | 14.5x | 13.7x | 4.3x |
| Fri, 11 Apr 2025 | ฿49.8b | ฿12.1b | ฿4.0b | 12.2x | 12.6x | 4.1x |
| Sun, 09 Mar 2025 | ฿53.9b | ฿12.1b | ฿4.0b | 13x | 13.6x | 4.4x |
| Tue, 04 Feb 2025 | ฿54.2b | ฿12.2b | ฿4.1b | 12.1x | 13.2x | 4.4x |
| Thu, 02 Jan 2025 | ฿59.3b | ฿12.2b | ฿4.1b | 13.6x | 14.4x | 4.9x |
| Sat, 30 Nov 2024 | ฿59.0b | ฿12.2b | ฿4.1b | 13.4x | 14.3x | 4.8x |
| Mon, 28 Oct 2024 | ฿61.3b | ฿12.4b | ฿4.7b | 12.7x | 13.2x | 4.9x |
| Wed, 25 Sep 2024 | ฿60.6b | ฿12.4b | ฿4.7b | 13.1x | 13x | 4.9x |
| Fri, 23 Aug 2024 | ฿55.9b | ฿12.4b | ฿4.7b | 12.8x | 12x | 4.5x |
| Sun, 21 Jul 2024 | ฿55.5b | ฿12.8b | ฿4.8b | 12.4x | 11.5x | 4.3x |
| Tue, 18 Jun 2024 | ฿56.1b | ฿12.8b | ฿4.8b | 12.6x | 11.6x | 4.4x |
| Thu, 16 May 2024 | ฿56.4b | ฿12.7b | ฿4.6b | 12.5x | 12.2x | 4.4x |
| Sat, 13 Apr 2024 | ฿56.9b | ฿13.0b | ฿4.9b | 12.2x | 11.7x | 4.4x |
| Mon, 11 Mar 2024 | ฿57.7b | ฿13.0b | ฿4.9b | 12.4x | 11.8x | 4.5x |
| Wed, 07 Feb 2024 | ฿60.6b | ฿13.0b | ฿4.5b | 14.4x | 13.5x | 4.7x |
| Fri, 05 Jan 2024 | ฿60.2b | ฿13.0b | ฿4.5b | 14.1x | 13.4x | 4.6x |
| Sun, 03 Dec 2023 | ฿57.7b | ฿13.0b | ฿4.5b | 13.2x | 12.8x | 4.4x |
| Tue, 31 Oct 2023 | ฿56.9b | ฿12.8b | ฿4.1b | 15.3x | 13.9x | 4.4x |
| Thu, 28 Sep 2023 | ฿58.0b | ฿12.8b | ฿4.1b | 16.2x | 14.2x | 4.5x |
| Sat, 26 Aug 2023 | ฿59.0b | ฿12.8b | ฿4.1b | 16.7x | 14.4x | 4.6x |
| Mon, 24 Jul 2023 | ฿55.5b | ฿12.5b | ฿4.2b | 12.5x | 13.3x | 4.4x |
| Wed, 21 Jun 2023 | ฿56.7b | ฿12.5b | ฿4.2b | 13x | 13.5x | 4.5x |
| Fri, 19 May 2023 | ฿56.9b | ฿12.5b | ฿4.2b | 13.7x | 13.6x | 4.5x |
| Sun, 16 Apr 2023 | ฿58.3b | ฿12.4b | ฿4.1b | 11.8x | 14.1x | 4.7x |
| Tue, 14 Mar 2023 | ฿57.4b | ฿12.4b | ฿4.1b | 11.8x | 13.9x | 4.6x |
| Thu, 09 Feb 2023 | ฿64.7b | ฿13.2b | ฿4.4b | 15.5x | 14.9x | 4.9x |
| Sat, 07 Jan 2023 | ฿62.7b | ฿13.2b | ฿4.4b | 14.6x | 14.4x | 4.8x |
Price to Earnings Ratio
14.4x
Current Industry PE
- There are only 3 companies in the Thai Water Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 3.1% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Thai Water compare with similar industries?
| TH Market | -0.89% | |
| Utilities | -2.20% | |
| Water Utilities | -1.04% | |
| Water | -1.04% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TTW TTW | ฿9.05 | 0.6% +฿199.5m | -0.5% | PE11.3x |