Thai (SET) Hotel and Resort REITs Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies10
- 7D-0.4%
- 3M-7.3%
- 1Y-11.6%
- YTD-5.6%
Over the last 7 days, the Hotel and Resort REITs industry has remained flat. Unfortunately though, the industry is down 12% over the past 12 months. In the next few years, earnings are forecast to decline by 5.5% annually.
Industry Valuation and Performance
Has the Thai Hotel and Resort REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ฿26.4b | ฿3.4b | ฿3.0b | 8.5x | 8.7x | 7.9x |
| Tue, 16 Apr 2024 | ฿27.1b | ฿3.0b | ฿2.6b | 9.6x | 10.6x | 9.1x |
| Thu, 14 Mar 2024 | ฿27.7b | ฿3.0b | ฿2.6b | 9.6x | 10.8x | 9.3x |
| Sat, 10 Feb 2024 | ฿28.5b | ฿2.8b | ฿2.5b | 11x | 11.4x | 10.2x |
| Mon, 08 Jan 2024 | ฿30.1b | ฿3.2b | ฿1.1b | 11x | 27.8x | 9.3x |
| Wed, 06 Dec 2023 | ฿27.9b | ฿3.2b | ฿1.1b | 10.2x | 25.7x | 8.6x |
| Fri, 03 Nov 2023 | ฿21.9b | ฿3.1b | ฿1.3b | 9.1x | 17.3x | 7x |
| Sun, 01 Oct 2023 | ฿23.2b | ฿3.1b | ฿1.3b | 9.7x | 18.4x | 7.4x |
| Tue, 29 Aug 2023 | ฿24.3b | ฿3.1b | ฿1.3b | 10x | 19.3x | 7.7x |
| Thu, 27 Jul 2023 | ฿24.5b | ฿2.8b | ฿2.0b | 9.8x | 12.2x | 8.6x |
| Sat, 24 Jun 2023 | ฿24.4b | ฿2.8b | ฿2.0b | 9.8x | 12.1x | 8.6x |
| Mon, 22 May 2023 | ฿24.7b | ฿2.8b | ฿2.0b | 8.4x | 12.4x | 8.7x |
| Wed, 19 Apr 2023 | ฿24.4b | ฿2.4b | ฿1.7b | 10.4x | 14.7x | 10.1x |
Price to Earnings Ratio
14.8x
Current Industry PE
- Investors are pessimistic on the Thai Hotel and Resort REITs 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 8.9x which is lower than its 3-year average PE of 16.2x.
- The industry is trading close to its 3-year average PS ratio of 8.7x.
Past Earnings Growth
- The earnings for companies in the Hotel and Resort REITs industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Thai Real Estate industry?
| TH Market | 0.78% | |
| Real Estate | -0.70% | |
| Hotel and Resort REITs | -0.40% | |
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 | |
|---|---|---|---|---|---|
| ERWPF Erawan Hotel Growth Property Fund | ฿8.80 | 1.7% +฿26.4m | 90.5% | PB1x |