Thai (SET) Auto Parts and Equipment Industry Analysis

Industry Valuation and Performance

Has the Thai Auto Parts and Equipment Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 12 Jul 2026	฿51.1b	฿72.4b	฿5.4b	9.6x	9.5x	0.7x
Tue, 09 Jun 2026	฿50.5b	฿72.9b	฿5.3b	9.2x	9.5x	0.7x
Thu, 07 May 2026	฿48.5b	฿73.4b	฿5.4b	8.6x	8.9x	0.7x
Sat, 04 Apr 2026	฿47.2b	฿73.4b	฿5.4b	8.6x	8.7x	0.6x
Mon, 02 Mar 2026	฿50.4b	฿73.6b	฿5.7b	8.3x	8.9x	0.7x
Wed, 28 Jan 2026	฿47.6b	฿73.8b	฿5.8b	7.7x	8.2x	0.6x
Fri, 26 Dec 2025	฿46.8b	฿73.9b	฿5.7b	7.9x	8.3x	0.6x
Sun, 23 Nov 2025	฿45.7b	฿73.9b	฿5.9b	7.3x	7.7x	0.6x
Tue, 21 Oct 2025	฿44.9b	฿75.0b	฿5.3b	9.1x	8.4x	0.6x
Thu, 18 Sep 2025	฿46.5b	฿75.0b	฿5.3b	9.3x	8.7x	0.6x
Sat, 16 Aug 2025	฿46.5b	฿75.0b	฿5.2b	8.9x	8.9x	0.6x
Mon, 14 Jul 2025	฿44.6b	฿75.0b	฿5.2b	8.5x	8.6x	0.6x
Wed, 11 Jun 2025	฿46.4b	฿75.1b	฿5.3b	8.8x	8.8x	0.6x
Fri, 09 May 2025	฿46.3b	฿76.0b	฿5.1b	8x	9x	0.6x
Sun, 06 Apr 2025	฿46.4b	฿76.8b	฿5.2b	8.7x	8.9x	0.6x
Tue, 04 Mar 2025	฿48.4b	฿76.8b	฿5.0b	9.5x	9.6x	0.6x
Thu, 30 Jan 2025	฿49.7b	฿77.9b	฿4.9b	10.9x	10.2x	0.6x
Sat, 28 Dec 2024	฿51.9b	฿78.5b	฿5.0b	11.3x	10.4x	0.7x
Mon, 25 Nov 2024	฿57.4b	฿83.5b	฿5.1b	11.1x	11.1x	0.7x
Wed, 23 Oct 2024	฿59.0b	฿85.7b	฿6.1b	10.5x	9.7x	0.7x
Fri, 20 Sep 2024	฿60.0b	฿82.8b	฿6.0b	11.2x	10x	0.7x
Sun, 18 Aug 2024	฿56.2b	฿82.7b	฿6.0b	10.4x	9.4x	0.7x
Tue, 16 Jul 2024	฿57.3b	฿84.0b	฿6.2b	10.3x	9.2x	0.7x
Thu, 13 Jun 2024	฿61.0b	฿83.8b	฿6.3b	12.2x	9.8x	0.7x
Sat, 11 May 2024	฿59.5b	฿84.7b	฿6.4b	12.7x	9.3x	0.7x
Mon, 08 Apr 2024	฿60.1b	฿85.3b	฿6.5b	12.3x	9.3x	0.7x
Wed, 06 Mar 2024	฿63.1b	฿85.0b	฿6.4b	11.1x	9.9x	0.7x
Fri, 02 Feb 2024	฿65.1b	฿86.7b	฿6.5b	10.9x	10x	0.8x
Sun, 31 Dec 2023	฿63.5b	฿86.7b	฿6.5b	10.7x	9.8x	0.7x
Tue, 28 Nov 2023	฿62.1b	฿86.4b	฿6.4b	11x	9.6x	0.7x
Thu, 26 Oct 2023	฿63.1b	฿86.4b	฿6.7b	11.1x	9.4x	0.7x
Sat, 23 Sep 2023	฿67.8b	฿86.4b	฿6.7b	11.4x	10.1x	0.8x
Mon, 21 Aug 2023	฿67.1b	฿85.8b	฿6.7b	11.4x	10.1x	0.8x
Wed, 19 Jul 2023	฿66.9b	฿85.0b	฿6.8b	12.4x	9.8x	0.8x

Current Industry PE

Investors are relatively neutral on the Thai Auto Parts and Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 9.3x.

The industry is trading close to its 3-year average PS ratio of 0.68x.

Past Earnings Growth

The earnings for companies in the Auto Parts and Equipment industry have declined 7.6% per year over the last three years,
Revenues have also declined 5.2% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Thai Auto Parts and Equipment compare with similar industries?


TH Market	0.65%
Consumer Discretionary	-0.083%
Auto Components	0.60%
Auto Parts and Equipment	-1.98%
Tires and Rubber	3.84%

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
POLY Polynet	฿6.85	2.2% +฿67.5m	0.7%	PE11.7x
TSC Thai Steel Cable	฿15.10	0.7% +฿26.0m	17.1%	PE11x
PACO President Automobile Industries	฿1.42	1.4% +฿20.0m	6.8%	PE11.5x
IHL Interhides	฿1.41	2.2% +฿17.8m	-1.4%	PE10.4x
INGRS Ingress Industrial (Thailand)	฿0.10	11.1% +฿14.5m	-60.0%	PS0.02x

New major risk - Revenue and earnings growth

Earnings have declined by 4.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 4.8% per year over the past 5 years. Market cap is less than US$10m (฿245.5m market cap, or US$7.53m).

Thai (SET) Auto Parts and Equipment Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New minor risk - Financial data availability

Price target increased by 7.2% to ฿231

First quarter 2026 earnings released: EPS: ฿0.16 (vs ฿0.17 in 1Q 2025)

First quarter 2026 earnings released: EPS: ฿0.03 (vs ฿0.083 in 1Q 2025)

First quarter 2026 earnings released: EPS: ฿0 (vs ฿0.03 in 1Q 2025)

New minor risk - Financial position

New major risk - Revenue and earnings growth

First quarter 2026 earnings released: EPS: ฿0.07 (vs ฿0.11 in 1Q 2025)

First quarter 2026 earnings released: EPS: ฿0.042 (vs ฿0.04 in 1Q 2025)

High number of new directors

Second quarter 2026 earnings released: EPS: ฿0.40 (vs ฿0.37 in 2Q 2025)

Now 21% undervalued after recent price drop