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Thai (SET) Electrical Industry Analysis
UpdatedNov 04, 2025
DataAggregated Company Financials
Companies15
- 7D-1.2%
- 3M-2.1%
- 1Y-22.3%
- YTD-20.3%
Over the last 7 days, the Electrical industry has dropped 1.2%, driven by pullbacks from every company within the industry. The industry has fallen 22% in the last year. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Thai Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 04 Nov 2025 | ฿16.8b | ฿29.7b | ฿1.8b | 9.5x | 9.1x | 0.6x |
| Thu, 02 Oct 2025 | ฿17.7b | ฿29.7b | ฿1.8b | 9.8x | 9.6x | 0.6x |
| Sat, 30 Aug 2025 | ฿17.1b | ฿29.7b | ฿1.8b | 9.4x | 9.3x | 0.6x |
| Mon, 28 Jul 2025 | ฿17.1b | ฿30.5b | ฿1.6b | 9.6x | 10.6x | 0.6x |
| Wed, 25 Jun 2025 | ฿16.6b | ฿30.5b | ฿1.6b | 9.2x | 10.3x | 0.5x |
| Fri, 23 May 2025 | ฿17.0b | ฿30.5b | ฿1.6b | 9.6x | 10.5x | 0.6x |
| Sun, 20 Apr 2025 | ฿17.1b | ฿31.1b | ฿1.7b | 10.3x | 9.8x | 0.6x |
| Tue, 18 Mar 2025 | ฿17.6b | ฿31.1b | ฿1.7b | 11.3x | 10.1x | 0.6x |
| Thu, 13 Feb 2025 | ฿18.1b | ฿31.3b | ฿1.7b | 11.2x | 10.7x | 0.6x |
| Sat, 11 Jan 2025 | ฿20.2b | ฿31.3b | ฿1.7b | 12.6x | 11.9x | 0.6x |
| Mon, 09 Dec 2024 | ฿21.2b | ฿31.3b | ฿1.7b | 13.3x | 12.5x | 0.7x |
| Wed, 06 Nov 2024 | ฿21.4b | ฿30.1b | ฿1.5b | 11.8x | 13.9x | 0.7x |
| Fri, 04 Oct 2024 | ฿21.6b | ฿30.1b | ฿1.5b | 12.1x | 14.1x | 0.7x |
| Sun, 01 Sep 2024 | ฿20.1b | ฿30.1b | ฿1.5b | 11.3x | 13.1x | 0.7x |
| Tue, 30 Jul 2024 | ฿20.4b | ฿29.1b | ฿1.5b | 12.8x | 13.4x | 0.7x |
| Thu, 27 Jun 2024 | ฿21.0b | ฿29.1b | ฿1.5b | 12.5x | 13.8x | 0.7x |
| Sat, 25 May 2024 | ฿21.7b | ฿29.1b | ฿1.5b | 13.1x | 14.7x | 0.7x |
| Mon, 22 Apr 2024 | ฿19.1b | ฿28.4b | ฿1.4b | 11.7x | 13.8x | 0.7x |
| Wed, 20 Mar 2024 | ฿19.7b | ฿28.4b | ฿1.4b | 12.3x | 14.2x | 0.7x |
| Fri, 16 Feb 2024 | ฿19.5b | ฿28.0b | ฿1.2b | 14.8x | 16.2x | 0.7x |
| Sun, 14 Jan 2024 | ฿19.8b | ฿27.8b | ฿1.1b | 14.7x | 17.4x | 0.7x |
| Tue, 12 Dec 2023 | ฿18.7b | ฿27.8b | ฿1.1b | 14.2x | 16.4x | 0.7x |
| Thu, 09 Nov 2023 | ฿18.8b | ฿28.6b | ฿834.9m | 14.5x | 22.6x | 0.7x |
| Sat, 07 Oct 2023 | ฿19.6b | ฿28.7b | ฿842.3m | 14.6x | 23.2x | 0.7x |
| Mon, 04 Sep 2023 | ฿21.2b | ฿28.6b | ฿840.4m | 16.9x | 25.2x | 0.7x |
| Wed, 02 Aug 2023 | ฿20.7b | ฿28.9b | ฿936.1m | 16.5x | 22.2x | 0.7x |
| Fri, 30 Jun 2023 | ฿16.0b | ฿23.8b | ฿641.3m | 19x | 24.9x | 0.7x |
| Sun, 28 May 2023 | ฿49.5b | ฿53.0b | ฿3.8b | 15.8x | 13.1x | 0.9x |
| Tue, 25 Apr 2023 | ฿50.9b | ฿53.0b | ฿3.6b | 19.8x | 14.2x | 1x |
| Thu, 23 Mar 2023 | ฿50.9b | ฿53.0b | ฿3.6b | 20x | 14.2x | 1x |
| Sat, 18 Feb 2023 | ฿53.4b | ฿53.0b | ฿3.1b | 15.7x | 17x | 1x |
| Mon, 16 Jan 2023 | ฿54.2b | ฿53.0b | ฿3.1b | 16.5x | 17.3x | 1x |
| Wed, 14 Dec 2022 | ฿61.5b | ฿53.0b | ฿3.1b | 16.3x | 19.6x | 1.2x |
| Fri, 11 Nov 2022 | ฿63.4b | ฿52.8b | ฿3.1b | 16.7x | 20.7x | 1.2x |
Price to Earnings Ratio
20.7x
Current Industry PE
- Investors are pessimistic on the Thai Electrical 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 9.1x which is lower than its 3-year average PE of 14.6x.
- The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have declined 16% per year over the last three years,
- Revenues have also declined 17% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Thai Industrials industry?
| TH Market | -1.13% | |
| Industrials | 2.41% | |
| Electrical | -1.22% | |
| Electrical Components | -1.18% | |
| Heavy Electrical Equipment | -1.37% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 15.9x.
- Analysts are expecting annual earnings growth of 17.3%, which is higher than its past year's earnings growth of 13.3% per year.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading below its 3-year average of 10.2x.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| LTS Light Up Total Solution | ฿3.64 | 5.2% +฿42.9m | -72.2% | PE10x | |
| ASEFA Asefa | ฿3.28 | 2.5% +฿41.4m | -0.6% | PE11.9x | |
| PIMO Pioneer Motor | ฿1.02 | 1.0% +฿7.3m | -37.8% | PE9.6x |