Thai (SET) Infrastructure Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies8
- 7D2.0%
- 3M5.2%
- 1Y-7.7%
- YTD6.3%
The Infrastructure industry is up 1.5% in the last week, with Airports of Thailand up 2.7%. In the past year, the industry is down 7.4%. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Thai Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | ฿1.1t | ฿92.9b | ฿24.7b | 14.3x | 45.6x | 12.1x |
| Sat, 13 Apr 2024 | ฿1.1t | ฿82.6b | ฿18.3b | 25.2x | 61.7x | 13.7x |
| Mon, 11 Mar 2024 | ฿1.1t | ฿82.6b | ฿18.3b | 24.8x | 61.3x | 13.6x |
| Wed, 07 Feb 2024 | ฿1.1t | ฿74.7b | ฿13.8b | 36x | 78.9x | 14.5x |
| Fri, 05 Jan 2024 | ฿1.1t | ฿74.7b | ฿13.8b | 38.7x | 79.1x | 14.6x |
| Sun, 03 Dec 2023 | ฿1.0t | ฿74.7b | ฿13.8b | 33.4x | 72.7x | 13.4x |
| Tue, 31 Oct 2023 | ฿1.1t | ฿65.1b | ฿8.7b | 27x | 129.5x | 17.4x |
| Thu, 28 Sep 2023 | ฿1.2t | ฿63.7b | ฿8.5b | 15.1x | 138.2x | 18.4x |
| Sat, 26 Aug 2023 | ฿1.2t | ฿61.2b | ฿7.6b | 15.8x | 158.3x | 19.6x |
| Mon, 24 Jul 2023 | ฿1.2t | ฿52.4b | ฿1.9b | 16.1x | 630.7x | 22.9x |
| Wed, 21 Jun 2023 | ฿1.2t | ฿52.4b | ฿1.9b | 16.3x | 631.2x | 22.9x |
| Fri, 19 May 2023 | ฿1.2t | ฿55.2b | ฿2.5b | 27.3x | 473.4x | 21.6x |
| Sun, 16 Apr 2023 | ฿1.2t | ฿45.7b | -฿3,316,942,701.00 | 38.5x | -368.4x | 26.7x |
| Tue, 14 Mar 2023 | ฿1.1t | ฿45.7b | -฿3,316,942,701.00 | 18.6x | -346x | 25.1x |
| Thu, 09 Feb 2023 | ฿1.2t | ฿37.2b | -฿8,354,772,252.00 | 24.3x | -148.6x | 33.4x |
| Sat, 07 Jan 2023 | ฿1.3t | ฿37.2b | -฿8,354,772,252.00 | 23.3x | -152x | 34.1x |
| Mon, 05 Dec 2022 | ฿1.2t | ฿37.2b | -฿8,354,772,252.00 | 22.7x | -147.6x | 33.2x |
| Wed, 02 Nov 2022 | ฿1.2t | ฿30.1b | -฿13,279,692,820.00 | 25.1x | -93.5x | 41.3x |
| Fri, 30 Sep 2022 | ฿1.2t | ฿30.1b | -฿13,279,692,820.00 | 25.5x | -92.2x | 40.7x |
| Sun, 28 Aug 2022 | ฿1.2t | ฿30.1b | -฿13,279,692,820.00 | 25.6x | -90.8x | 40.1x |
| Tue, 26 Jul 2022 | ฿1.2t | ฿25.8b | -฿15,735,045,624.00 | 31.5x | -73.8x | 44.9x |
| Thu, 23 Jun 2022 | ฿1.2t | ฿25.8b | -฿15,735,045,624.00 | 32.7x | -74.1x | 45.1x |
| Sat, 21 May 2022 | ฿1.2t | ฿25.8b | -฿15,735,039,624.00 | 31.2x | -73.6x | 44.9x |
| Mon, 18 Apr 2022 | ฿1.1t | ฿24.3b | -฿16,122,295,101.00 | 31.3x | -70.7x | 47x |
| Wed, 16 Mar 2022 | ฿1.1t | ฿24.3b | -฿16,122,295,101.00 | 31.6x | -66.6x | 44.3x |
| Fri, 11 Feb 2022 | ฿1.1t | ฿24.6b | -฿14,922,041,336.00 | 27.1x | -74.4x | 45.1x |
| Sun, 09 Jan 2022 | ฿1.0t | ฿24.6b | -฿14,922,041,336.00 | 27.6x | -69.8x | 42.3x |
| Tue, 07 Dec 2021 | ฿1.0t | ฿24.6b | -฿14,922,041,336.00 | 28.3x | -67.9x | 41.1x |
| Thu, 04 Nov 2021 | ฿1.1t | ฿26.4b | -฿12,608,504,486.00 | 25.6x | -87.3x | 41.7x |
| Sat, 02 Oct 2021 | ฿1.1t | ฿26.4b | -฿12,608,504,486.00 | 27x | -83.3x | 39.8x |
| Mon, 30 Aug 2021 | ฿1.1t | ฿26.4b | -฿12,608,504,486.00 | 29.1x | -86x | 41.1x |
| Tue, 06 Jul 2021 | ฿1.1t | ฿26.4b | -฿12,608,504,486.00 | 24.2x | -83.5x | 39.8x |
Price to Earnings Ratio
-91.9x
Current Industry PE
- Investors are optimistic on the Thai Infrastructure industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 54.6x which is higher than its 3-year average PE of -7.3x.
- The 3-year average PS ratio of 31.9x is higher than the industry's current PS ratio of 13.3x.
Past Earnings Growth
- Total earnings for the Infrastructure industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 49% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Thai Industrials industry?
| TH Market | -0.24% | |
| Industrials | 1.23% | |
| Infrastructure | 2.02% | |
| Airport Services | 2.65% | |
| Highways and Railtracks | -2.03% | |
| Marine Ports and Services | -3.99% | |
Industry PE
- Investors are most optimistic about the Airport Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 27.8%, which is lower than the prior year's growth of 941.0% per year.
- Investors are most pessimistic about the Marine Ports and Services industry, which is trading below its 3-year average of 23.7x.
Forecasted Growth
- Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 28% over the next 5 years.
- In contrast, the Marine Ports and Services industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| AOT Airports of Thailand | ฿67.00 | 2.7% +฿25.0b | -6.9% | PE56.5x | |
| SAV Samart Aviation Solutions | ฿22.00 | 3.3% +฿448.0m | n/a | PE5.4x | |
| DMT Don Muang Tollway | ฿12.10 | 1.7% +฿236.2m | -5.5% | PE14.3x |