Thai (SET) Electronic Equipment and Components Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies25
- 7D6.2%
- 3M-2.1%
- 1Y-12.9%
- YTD-15.8%
Over the last 7 days, the Electronic Equipment and Components industry has risen 4.4%, driven by gains from Delta Electronics (Thailand) of 7.0%. Meanwhile, Nex Point actually underperformed within the industry, shrinking 41% in the last week. In the past year, the industry is down 14%. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Thai Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ฿1.2t | ฿528.8b | ฿29.3b | 17.3x | 41.2x | 2.3x |
| Tue, 16 Apr 2024 | ฿1.2t | ฿529.3b | ฿27.9b | 19.7x | 42.9x | 2.3x |
| Thu, 14 Mar 2024 | ฿1.1t | ฿529.3b | ฿27.9b | 16.7x | 39.3x | 2.1x |
| Sat, 10 Feb 2024 | ฿1.3t | ฿539.1b | ฿28.7b | 18x | 44.5x | 2.4x |
| Mon, 08 Jan 2024 | ฿1.3t | ฿541.0b | ฿28.9b | 18x | 46x | 2.5x |
| Wed, 06 Dec 2023 | ฿1.2t | ฿541.0b | ฿28.9b | 16.3x | 42.3x | 2.3x |
| Fri, 03 Nov 2023 | ฿1.3t | ฿560.1b | ฿29.4b | 17.5x | 44.9x | 2.4x |
| Sun, 01 Oct 2023 | ฿1.3t | ฿550.3b | ฿27.9b | 18.4x | 47.5x | 2.4x |
| Tue, 29 Aug 2023 | ฿1.6t | ฿550.3b | ฿27.9b | 20.1x | 58.5x | 3x |
| Thu, 27 Jul 2023 | ฿1.6t | ฿542.8b | ฿27.8b | 19x | 57.9x | 3x |
| Sat, 24 Jun 2023 | ฿1.5t | ฿542.8b | ฿27.8b | 17.6x | 53.6x | 2.7x |
| Mon, 22 May 2023 | ฿1.4t | ฿542.9b | ฿27.8b | 15.6x | 49x | 2.5x |
| Wed, 19 Apr 2023 | ฿1.5t | ฿533.5b | ฿28.1b | 18.3x | 53x | 2.8x |
| Fri, 17 Mar 2023 | ฿1.5t | ฿533.6b | ฿28.1b | 18.6x | 53.6x | 2.8x |
| Sun, 12 Feb 2023 | ฿1.5t | ฿506.9b | ฿25.3b | 25.4x | 58x | 2.9x |
| Tue, 10 Jan 2023 | ฿1.4t | ฿505.3b | ฿25.3b | 21.6x | 54.6x | 2.7x |
| Thu, 08 Dec 2022 | ฿1.2t | ฿505.3b | ฿25.3b | 22.8x | 47.3x | 2.4x |
| Sat, 05 Nov 2022 | ฿1.1t | ฿476.4b | ฿25.7b | 22.2x | 41.8x | 2.3x |
| Mon, 03 Oct 2022 | ฿1.1t | ฿466.4b | ฿22.8b | 20.7x | 49.8x | 2.4x |
| Wed, 31 Aug 2022 | ฿1.0t | ฿466.4b | ฿22.8b | 24.2x | 45.2x | 2.2x |
| Fri, 29 Jul 2022 | ฿937.5b | ฿449.3b | ฿22.7b | 19.1x | 41.2x | 2.1x |
| Sun, 26 Jun 2022 | ฿749.7b | ฿441.7b | ฿20.1b | 18x | 37.3x | 1.7x |
| Tue, 24 May 2022 | ฿788.4b | ฿441.7b | ฿20.1b | 21.4x | 39.2x | 1.8x |
| Thu, 21 Apr 2022 | ฿810.9b | ฿419.3b | ฿18.7b | 24.6x | 43.3x | 1.9x |
| Sat, 19 Mar 2022 | ฿799.7b | ฿419.3b | ฿18.7b | 27.3x | 42.7x | 1.9x |
| Mon, 14 Feb 2022 | ฿856.2b | ฿400.1b | ฿17.2b | 25.9x | 49.9x | 2.1x |
| Wed, 12 Jan 2022 | ฿939.6b | ฿399.3b | ฿16.9b | 30.1x | 55.7x | 2.4x |
| Fri, 10 Dec 2021 | ฿959.5b | ฿399.3b | ฿16.9b | 32.8x | 56.9x | 2.4x |
| Sun, 07 Nov 2021 | ฿926.7b | ฿390.5b | ฿15.0b | 33.4x | 61.8x | 2.4x |
| Tue, 05 Oct 2021 | ฿909.3b | ฿387.0b | ฿16.4b | 30.4x | 55.4x | 2.3x |
| Thu, 02 Sep 2021 | ฿1.2t | ฿387.0b | ฿16.4b | 28.9x | 75.7x | 3.2x |
| Sat, 31 Jul 2021 | ฿1.1t | ฿387.0b | ฿16.4b | 29.8x | 64.1x | 2.7x |
Price to Earnings Ratio
66.9x
Current Industry PE
- Investors are pessimistic on the Thai Electronic 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 41.1x which is lower than its 3-year average PE of 50.3x.
- The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 13% 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 Tech industry?
| TH Market | 0.78% | |
| Tech | 6.13% | |
| Electronic Equipment and Components | 6.23% | |
| Electronic Manufacturing Services | 11.87% | |
| Electronic Components | 6.06% | |
| Electronic Equipment and Instruments | 1.33% | |
| Technology Distributors | 1.20% | |
Industry PE
- Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio of 38.9x.
- Analysts are expecting annual earnings growth of 21.5%, which is higher than its past year's earnings growth of 1.5% per year.
- Investors are most pessimistic about the Electronic Equipment and Instruments industry, which is trading below its 3-year average of 22.0x.
Forecasted Growth
- Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings growth rate of 1.5% per year.
- In contrast, the Electronic Components industry is expected to see its earnings grow by 9.8% 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 | |
|---|---|---|---|---|---|
| DELTA Delta Electronics (Thailand) | ฿76.75 | 7.0% +฿62.4b | -13.8% | PE50.1x | |
| CCET Cal-Comp Electronics (Thailand) | ฿3.32 | 28.7% +฿7.7b | 64.4% | PE24.8x | |
| KCE KCE Electronics | ฿41.25 | 7.8% +฿3.5b | 12.2% | PE25.8x | |
| HANA Hana Microelectronics | ฿41.25 | 5.8% +฿2.0b | 6.5% | PE20.2x | |
| SVI SVI | ฿7.65 | 9.3% +฿1.4b | -5.0% | PE15x |