Thai (SET) Commodity Chemicals Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies24
- 7D-3.7%
- 3M-0.3%
- 1Y-14.1%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has dropped 3.7%, driven by a pullback from PTT Global Chemical of 4.7%. However, the industry is down 14% over the past year. Looking forward, earnings are forecast to grow by 59% annually.
Industry Valuation and Performance
Has the Thai Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 31 May 2024 | ฿418.7b | ฿1.3t | -฿838,068,971.00 | 15.4x | -499.6x | 0.3x |
| Sun, 28 Apr 2024 | ฿429.4b | ฿1.3t | -฿661,066,192.00 | 14.6x | -649.6x | 0.3x |
| Tue, 26 Mar 2024 | ฿433.2b | ฿1.3t | -฿661,066,192.00 | 15.8x | -655.3x | 0.3x |
| Thu, 22 Feb 2024 | ฿434.9b | ฿1.3t | ฿43.5m | 16.8x | 10005.3x | 0.3x |
| Sat, 20 Jan 2024 | ฿412.7b | ฿1.3t | -฿7,338,520,154.00 | 16.4x | -56.2x | 0.3x |
| Mon, 18 Dec 2023 | ฿443.8b | ฿1.3t | -฿7,338,520,154.00 | 17.4x | -60.5x | 0.4x |
| Wed, 15 Nov 2023 | ฿418.0b | ฿1.3t | ฿1.3b | 16.1x | 321.6x | 0.3x |
| Fri, 13 Oct 2023 | ฿424.7b | ฿1.3t | -฿12,862,395,237.00 | 16.8x | -33x | 0.3x |
| Sun, 10 Sep 2023 | ฿457.5b | ฿1.3t | -฿12,862,395,237.00 | 17.2x | -35.6x | 0.3x |
| Tue, 08 Aug 2023 | ฿490.8b | ฿1.4t | ฿14.8b | 13.2x | 33.3x | 0.3x |
| Thu, 06 Jul 2023 | ฿491.5b | ฿1.4t | ฿14.8b | 13.5x | 33.3x | 0.3x |
| Sat, 03 Jun 2023 | ฿485.2b | ฿1.4t | ฿14.8b | 14.1x | 32.9x | 0.3x |
| Mon, 01 May 2023 | ฿515.5b | ฿1.5t | ฿31.6b | 11.5x | 16.3x | 0.4x |
| Wed, 29 Mar 2023 | ฿557.9b | ฿1.5t | ฿31.5b | 12.9x | 17.7x | 0.4x |
| Fri, 24 Feb 2023 | ฿588.1b | ฿1.4t | ฿51.2b | 15.9x | 11.5x | 0.4x |
| Sun, 22 Jan 2023 | ฿624.0b | ฿1.5t | ฿56.1b | 15.3x | 11.1x | 0.4x |
| Tue, 20 Dec 2022 | ฿596.6b | ฿1.5t | ฿56.1b | 14.6x | 10.6x | 0.4x |
| Thu, 17 Nov 2022 | ฿605.6b | ฿1.4t | ฿56.4b | 15.2x | 10.7x | 0.4x |
| Sat, 15 Oct 2022 | ฿549.2b | ฿1.3t | ฿75.2b | 13.5x | 7.3x | 0.4x |
| Mon, 12 Sep 2022 | ฿583.0b | ฿1.3t | ฿74.5b | 14.2x | 7.8x | 0.4x |
| Wed, 10 Aug 2022 | ฿593.0b | ฿1.1t | ฿86.1b | 14x | 6.9x | 0.5x |
| Fri, 08 Jul 2022 | ฿592.2b | ฿1.1t | ฿86.1b | 13.7x | 6.9x | 0.5x |
| Sun, 05 Jun 2022 | ฿637.3b | ฿1.1t | ฿86.1b | 14.2x | 7.4x | 0.6x |
| Tue, 03 May 2022 | ฿632.9b | ฿1.0t | ฿85.6b | 12.9x | 7.4x | 0.6x |
| Thu, 31 Mar 2022 | ฿685.6b | ฿1.1t | ฿92.8b | 11.9x | 7.4x | 0.6x |
| Sat, 26 Feb 2022 | ฿705.3b | ฿1.0t | ฿87.4b | 13.2x | 8.1x | 0.7x |
| Mon, 24 Jan 2022 | ฿726.3b | ฿963.1b | ฿89.2b | 16.7x | 8.1x | 0.8x |
| Wed, 22 Dec 2021 | ฿707.4b | ฿960.0b | ฿89.1b | 16.9x | 7.9x | 0.7x |
| Fri, 19 Nov 2021 | ฿717.9b | ฿959.9b | ฿89.1b | 15.8x | 8.1x | 0.7x |
| Sun, 17 Oct 2021 | ฿749.0b | ฿867.9b | ฿72.9b | 15.1x | 10.3x | 0.9x |
| Tue, 14 Sep 2021 | ฿735.8b | ฿867.9b | ฿72.9b | 14.5x | 10.1x | 0.8x |
| Thu, 12 Aug 2021 | ฿698.8b | ฿867.9b | ฿72.9b | 14x | 9.6x | 0.8x |
| Mon, 07 Jun 2021 | ฿745.7b | ฿776.8b | ฿35.4b | 14.9x | 21.1x | 1x |
Price to Earnings Ratio
21.1x
Current Industry PE
- Investors are pessimistic on the Thai Commodity Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- Total earnings for the Commodity Chemicals industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 18% 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 Commodity Chemicals compare with similar industries?
| TH Market | -1.49% | |
| Materials | -1.89% | |
| Chemicals | -3.61% | |
| Commodity Chemicals | -3.72% | |
| Specialty Chemicals | 0.047% | |
| Diversified Chemicals | 0% | |
| Industrial Gases | 0% | |
| Fertilizers and Agricultural Chemicals | -1.68% | |
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 | |
|---|---|---|---|---|---|
| TEGH Thai Eastern Group Holdings | ฿3.20 | 17.6% +฿518.4m | -13.5% | PE19.7x | |
| TOA TOA Paint (Thailand) | ฿23.60 | 0.9% +฿399.7m | -27.4% | PE17.2x | |
| TRUBB Thai Rubber Latex Group | ฿1.51 | 17.1% +฿179.9m | 6.3% | PS0.2x | |
| TMW Thai Mitsuwa | ฿65.25 | 5.7% +฿139.7m | 59.1% | PE4.7x | |
| SELIC Selic Corp | ฿3.40 | 5.6% +฿110.0m | 25.9% | PE18x |