Thai (SET) Paper Packaging Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies15
- 7D2.8%
- 3M15.1%
- 1Y-13.7%
- YTDn/a
The Paper Packaging is pretty flat in the last 7 days, but SCG Packaging has stood out, gaining 3.0%. As for the longer term, the industry has declined 16% in the last year. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Thai Paper Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | ฿181.0b | ฿181.3b | ฿7.9b | 13.6x | 22.9x | 1x |
| Fri, 26 Apr 2024 | ฿170.7b | ฿180.8b | ฿7.5b | 13.7x | 22.8x | 0.9x |
| Sun, 24 Mar 2024 | ฿157.9b | ฿180.6b | ฿7.0b | 14.2x | 22.6x | 0.9x |
| Tue, 20 Feb 2024 | ฿165.5b | ฿57.0b | ฿3.9b | 15.4x | 42.7x | 2.9x |
| Thu, 18 Jan 2024 | ฿171.9b | ฿183.6b | ฿5.7b | 17.2x | 30.3x | 0.9x |
| Sat, 16 Dec 2023 | ฿189.2b | ฿183.6b | ฿5.7b | 17.1x | 33.4x | 1x |
| Mon, 13 Nov 2023 | ฿187.6b | ฿198.9b | ฿6.1b | 21x | 30.6x | 0.9x |
| Wed, 11 Oct 2023 | ฿182.0b | ฿193.5b | ฿6.8b | 19.3x | 26.7x | 0.9x |
| Fri, 08 Sep 2023 | ฿204.4b | ฿193.5b | ฿6.8b | 22.5x | 29.9x | 1.1x |
| Sun, 06 Aug 2023 | ฿207.8b | ฿197.5b | ฿8.3b | 15.9x | 25x | 1.1x |
| Tue, 04 Jul 2023 | ฿198.3b | ฿203.3b | ฿8.7b | 16.5x | 22.8x | 1x |
| Thu, 01 Jun 2023 | ฿206.7b | ฿203.3b | ฿8.7b | 17.4x | 23.8x | 1x |
| Sat, 29 Apr 2023 | ฿230.6b | ฿205.9b | ฿10.1b | 18.1x | 22.9x | 1.1x |
| Mon, 27 Mar 2023 | ฿246.3b | ฿208.9b | ฿10.5b | 22.2x | 23.4x | 1.2x |
| Wed, 22 Feb 2023 | ฿276.4b | ฿210.3b | ฿11.2b | 12x | 24.7x | 1.3x |
| Fri, 20 Jan 2023 | ฿294.5b | ฿211.2b | ฿14.0b | 14x | 21x | 1.4x |
| Sun, 18 Dec 2022 | ฿299.1b | ฿213.5b | ฿13.8b | 12.9x | 21.6x | 1.4x |
| Tue, 15 Nov 2022 | ฿305.2b | ฿211.1b | ฿13.9b | 12.8x | 22x | 1.4x |
| Thu, 13 Oct 2022 | ฿277.3b | ฿204.6b | ฿13.7b | 15.7x | 20.2x | 1.4x |
| Sat, 10 Sep 2022 | ฿296.8b | ฿204.6b | ฿13.7b | 15.5x | 21.6x | 1.5x |
| Mon, 08 Aug 2022 | ฿297.4b | ฿200.6b | ฿13.3b | 18.1x | 22.4x | 1.5x |
| Wed, 06 Jul 2022 | ฿290.5b | ฿192.5b | ฿13.7b | 13.4x | 21.2x | 1.5x |
| Fri, 03 Jun 2022 | ฿304.6b | ฿191.9b | ฿13.6b | 15.6x | 22.5x | 1.6x |
| Sun, 01 May 2022 | ฿296.6b | ฿178.2b | ฿13.7b | 17.5x | 21.6x | 1.7x |
| Tue, 29 Mar 2022 | ฿303.2b | ฿178.2b | ฿13.7b | 17.5x | 22.1x | 1.7x |
| Thu, 24 Feb 2022 | ฿335.5b | ฿176.4b | ฿13.9b | 21.5x | 24.2x | 1.9x |
| Sat, 22 Jan 2022 | ฿322.5b | ฿162.6b | ฿12.8b | 19.4x | 25.1x | 2x |
| Mon, 20 Dec 2021 | ฿350.5b | ฿162.6b | ฿12.8b | 19.9x | 27.3x | 2.2x |
| Wed, 17 Nov 2021 | ฿333.6b | ฿162.5b | ฿12.8b | 20.7x | 26.1x | 2.1x |
| Fri, 15 Oct 2021 | ฿322.4b | ฿151.6b | ฿12.1b | 14.5x | 26.5x | 2.1x |
| Sun, 12 Sep 2021 | ฿345.4b | ฿151.6b | ฿12.1b | 16x | 28.4x | 2.3x |
| Tue, 10 Aug 2021 | ฿352.1b | ฿151.6b | ฿12.1b | 18.2x | 29x | 2.3x |
Price to Earnings Ratio
24.3x
Current Industry PE
- Investors are pessimistic on the Thai Paper Packaging 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 22.4x which is lower than its 3-year average PE of 25.0x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.98x.
Past Earnings Growth
- The earnings for companies in the Paper Packaging industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.7% 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 Paper Packaging compare with similar industries?
| TH Market | -0.56% | |
| Materials | -0.32% | |
| Packaging | 2.44% | |
| Paper Packaging | 2.77% | |
| Metal and Glass Containers | 0.68% | |
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 | |
|---|---|---|---|---|---|
| SCGP SCG Packaging | ฿34.25 | 3.0% +฿4.3b | -12.7% | PE25.6x | |
| PTL Polyplex (Thailand) | ฿12.30 | 7.0% +฿720.0m | -8.2% | PE36.8x | |
| AJ A.J. Plast | ฿6.55 | 7.4% +฿198.0m | -33.5% | PS0.4x | |
| STP Sahathai Printing & Packaging | ฿14.90 | 4.9% +฿70.0m | 62.0% | PE13.5x | |
| TOPP Thai O.P.P | ฿169.50 | 5.9% +฿57.0m | 6.6% | PE8.1x |