Thai (SET) Auto Components Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies22
- 7D9.1%
- 3M4.3%
- 1Y-1.3%
- YTD10.4%
In the last week, the Auto Components industry is up 9.1%, with Sri Trang Agro-Industry up 25%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 37% annually.
Industry Valuation and Performance
Has the Thai Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 31 May 2024 | ฿117.8b | ฿208.0b | ฿7.3b | 11.7x | 16.1x | 0.6x |
| Sun, 28 Apr 2024 | ฿103.4b | ฿209.7b | ฿8.0b | 12.7x | 12.9x | 0.5x |
| Tue, 26 Mar 2024 | ฿111.4b | ฿209.4b | ฿7.9b | 12.4x | 14x | 0.5x |
| Thu, 22 Feb 2024 | ฿113.4b | ฿211.8b | ฿8.1b | 11.4x | 14x | 0.5x |
| Sat, 20 Jan 2024 | ฿111.0b | ฿215.6b | ฿9.3b | 13.2x | 11.9x | 0.5x |
| Mon, 18 Dec 2023 | ฿102.1b | ฿215.6b | ฿9.3b | 12.3x | 10.9x | 0.5x |
| Wed, 15 Nov 2023 | ฿100.8b | ฿215.8b | ฿9.3b | 11.9x | 10.8x | 0.5x |
| Fri, 13 Oct 2023 | ฿105.6b | ฿229.7b | ฿11.4b | 11.2x | 9.2x | 0.5x |
| Sun, 10 Sep 2023 | ฿111.9b | ฿229.2b | ฿11.4b | 11.8x | 9.9x | 0.5x |
| Tue, 08 Aug 2023 | ฿107.9b | ฿234.0b | ฿12.4b | 12.4x | 8.7x | 0.5x |
| Thu, 06 Jul 2023 | ฿111.0b | ฿234.0b | ฿12.4b | 12.3x | 9x | 0.5x |
| Sat, 03 Jun 2023 | ฿118.5b | ฿233.7b | ฿12.3b | 12.9x | 9.6x | 0.5x |
| Mon, 01 May 2023 | ฿116.8b | ฿234.8b | ฿13.6b | 13.5x | 8.6x | 0.5x |
| Wed, 29 Mar 2023 | ฿125.2b | ฿234.1b | ฿13.6b | 14.2x | 9.2x | 0.5x |
| Fri, 24 Feb 2023 | ฿128.2b | ฿230.9b | ฿13.3b | 14.7x | 9.7x | 0.6x |
| Sun, 22 Jan 2023 | ฿123.9b | ฿233.8b | ฿14.4b | 14.7x | 8.6x | 0.5x |
| Tue, 20 Dec 2022 | ฿118.4b | ฿233.8b | ฿14.4b | 13.9x | 8.2x | 0.5x |
| Thu, 17 Nov 2022 | ฿119.9b | ฿227.1b | ฿13.6b | 14.5x | 8.8x | 0.5x |
| Sat, 15 Oct 2022 | ฿114.0b | ฿224.5b | ฿15.2b | 17.8x | 7.5x | 0.5x |
| Mon, 12 Sep 2022 | ฿121.7b | ฿223.9b | ฿15.2b | 18.9x | 8x | 0.5x |
| Wed, 10 Aug 2022 | ฿117.7b | ฿224.0b | ฿19.0b | 16x | 6.2x | 0.5x |
| Fri, 08 Jul 2022 | ฿113.4b | ฿223.8b | ฿19.0b | 16.2x | 6x | 0.5x |
| Sun, 05 Jun 2022 | ฿120.6b | ฿223.7b | ฿19.1b | 15x | 6.3x | 0.5x |
| Tue, 03 May 2022 | ฿112.9b | ฿199.8b | ฿21.7b | 14.6x | 5.2x | 0.6x |
| Thu, 31 Mar 2022 | ฿118.5b | ฿199.6b | ฿21.8b | 15.7x | 5.4x | 0.6x |
| Sat, 26 Feb 2022 | ฿118.6b | ฿199.4b | ฿21.8b | 16.3x | 5.5x | 0.6x |
| Mon, 24 Jan 2022 | ฿124.6b | ฿196.8b | ฿25.9b | 12.7x | 4.8x | 0.6x |
| Wed, 22 Dec 2021 | ฿122.7b | ฿196.6b | ฿25.8b | 12.1x | 4.7x | 0.6x |
| Fri, 19 Nov 2021 | ฿120.9b | ฿196.4b | ฿25.9b | 12.7x | 4.7x | 0.6x |
| Sun, 17 Oct 2021 | ฿127.6b | ฿183.6b | ฿24.5b | 14.2x | 5.2x | 0.7x |
| Tue, 14 Sep 2021 | ฿126.2b | ฿183.6b | ฿24.5b | 14.7x | 5.1x | 0.7x |
| Thu, 12 Aug 2021 | ฿140.6b | ฿183.6b | ฿24.5b | 15x | 5.7x | 0.8x |
| Mon, 07 Jun 2021 | ฿140.6b | ฿159.6b | ฿17.6b | 19.8x | 8x | 0.9x |
Price to Earnings Ratio
8x
Current Industry PE
- Investors are optimistic on the Thai Auto Components industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.1x which is higher than its 3-year average PE of 8.2x.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have declined 25% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.2% 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 Trends
Which industries have driven the changes within the Thai Consumer Discretionary industry?
| TH Market | -1.49% | |
| Consumer Discretionary | -1.33% | |
| Auto Components | 9.12% | |
| Tires and Rubber | 17.85% | |
| Auto Parts and Equipment | 2.26% | |
Industry PE
- Investors are most optimistic about the Tires and Rubber industry which is trading above its 3-year average PE ratio of 8.7x.
- Analysts are expecting annual earnings growth of 55.7%, which is higher than its past year's earnings growth of 27.0% per year.
- Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 11.8x.
Forecasted Growth
- Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 56% over the next 5 years.
- This is better than its past earnings growth rate of 27% per year.
- In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 6.5% 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 | |
|---|---|---|---|---|---|
| STA Sri Trang Agro-Industry | ฿23.50 | 24.3% +฿7.1b | 25.7% | PS0.4x | |
| 3K-BAT Thai Energy Storage Technology | ฿52.75 | 86.7% +฿1.9b | -0.5% | PS0.9x | |
| NER North East Rubber | ฿6.00 | 8.1% +฿831.5m | 35.1% | PE6.6x | |
| POLY Polynet | ฿9.55 | 7.9% +฿315.0m | -1.5% | PE22.2x | |
| AH AAPICO Hitech | ฿21.50 | 2.9% +฿207.0m | -41.9% | PE5.6x |