Have your own idea? Try our Stock Screener
Thai (SET) Tech Sector Analysis
UpdatedJan 15, 2026
DataAggregated Company Financials
Companies56
- 7D-13.0%
- 3M-17.1%
- 1Y8.1%
- YTD-12.8%
Over the last 7 days, the Tech industry has dropped 12%, driven by a pullback from Delta Electronics (Thailand) of 14%. Over the past 12 months, the industry was up 5.2%. As for the next few years, earnings are expected to grow by 26% per annum.
Sector Valuation and Performance
Has the Thai Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 15 Jan 2026 | ฿2.2t | ฿626.4b | ฿30.0b | 11.1x | 73.7x | 3.5x |
| Sat, 13 Dec 2025 | ฿2.5t | ฿626.4b | ฿30.0b | 11.6x | 83.1x | 4x |
| Mon, 10 Nov 2025 | ฿3.0t | ฿626.3b | ฿30.0b | 12.2x | 101.6x | 4.9x |
| Wed, 08 Oct 2025 | ฿2.6t | ฿616.5b | ฿28.3b | 12.9x | 93x | 4.3x |
| Fri, 05 Sep 2025 | ฿2.1t | ฿616.5b | ฿28.3b | 13x | 73.4x | 3.4x |
| Sun, 03 Aug 2025 | ฿2.0t | ฿620.9b | ฿28.9b | 12.8x | 70.3x | 3.3x |
| Tue, 01 Jul 2025 | ฿1.4t | ฿618.5b | ฿30.6b | 11.2x | 46.6x | 2.3x |
| Thu, 29 May 2025 | ฿1.5t | ฿618.5b | ฿30.6b | 12.2x | 50x | 2.5x |
| Sat, 26 Apr 2025 | ฿1.3t | ฿609.5b | ฿29.6b | 12.6x | 43.2x | 2.1x |
| Mon, 24 Mar 2025 | ฿1.1t | ฿609.5b | ฿29.6b | 13.1x | 37.8x | 1.8x |
| Wed, 19 Feb 2025 | ฿1.3t | ฿605.2b | ฿32.8b | 13x | 38.2x | 2.1x |
| Fri, 17 Jan 2025 | ฿2.0t | ฿600.0b | ฿34.9b | 12.9x | 58.1x | 3.4x |
| Sun, 15 Dec 2024 | ฿2.2t | ฿600.0b | ฿34.9b | 13.8x | 63.9x | 3.7x |
| Tue, 12 Nov 2024 | ฿2.3t | ฿596.7b | ฿35.3b | 14.6x | 64.9x | 3.8x |
| Thu, 10 Oct 2024 | ฿1.7t | ฿593.6b | ฿34.9b | 17.1x | 48.7x | 2.9x |
| Sat, 07 Sep 2024 | ฿1.6t | ฿593.6b | ฿34.9b | 15.9x | 45x | 2.6x |
| Mon, 05 Aug 2024 | ฿1.6t | ฿595.9b | ฿34.0b | 13.4x | 45.6x | 2.6x |
| Wed, 03 Jul 2024 | ฿1.3t | ฿590.0b | ฿32.1b | 15.3x | 41.4x | 2.3x |
| Fri, 31 May 2024 | ฿1.3t | ฿592.6b | ฿32.3b | 16.7x | 39.6x | 2.2x |
| Sun, 28 Apr 2024 | ฿1.3t | ฿597.8b | ฿31.9b | 15.6x | 40.2x | 2.1x |
| Tue, 26 Mar 2024 | ฿1.3t | ฿592.1b | ฿31.2b | 17x | 41x | 2.2x |
| Thu, 22 Feb 2024 | ฿1.3t | ฿598.8b | ฿32.5b | 15.4x | 40.9x | 2.2x |
| Sat, 20 Jan 2024 | ฿1.5t | ฿599.4b | ฿32.2b | 16.7x | 45.3x | 2.4x |
| Mon, 18 Dec 2023 | ฿1.4t | ฿599.4b | ฿32.2b | 15.7x | 44.9x | 2.4x |
| Wed, 15 Nov 2023 | ฿1.3t | ฿613.6b | ฿32.3b | 14.4x | 41.4x | 2.2x |
| Fri, 13 Oct 2023 | ฿1.5t | ฿606.2b | ฿30.9b | 15.8x | 47.2x | 2.4x |
| Sun, 10 Sep 2023 | ฿1.7t | ฿604.8b | ฿30.8b | 19.2x | 56.7x | 2.9x |
| Tue, 08 Aug 2023 | ฿1.8t | ฿602.8b | ฿31.0b | 15.9x | 57.8x | 3x |
| Thu, 06 Jul 2023 | ฿1.6t | ฿594.8b | ฿30.6b | 15.5x | 51.2x | 2.6x |
| Sat, 03 Jun 2023 | ฿1.6t | ฿594.4b | ฿30.5b | 17x | 53x | 2.7x |
| Mon, 01 May 2023 | ฿1.3t | ฿586.3b | ฿31.3b | 16.9x | 40.7x | 2.2x |
| Wed, 29 Mar 2023 | ฿1.7t | ฿578.6b | ฿30.5b | 20.7x | 54.2x | 2.9x |
| Fri, 24 Feb 2023 | ฿1.7t | ฿570.4b | ฿29.5b | 24.1x | 57.9x | 3x |
| Sun, 22 Jan 2023 | ฿1.6t | ฿556.6b | ฿29.3b | 24.3x | 54.3x | 2.9x |
Price to Earnings Ratio
54.3x
Current Industry PE
- Investors are optimistic on the Thai Information Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 73.4x which is higher than its 3-year average PE of 54.5x.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.0% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Thai Tech sector?
| TH Market | -2.88% | |
| Tech | -13.03% | |
| Communications | 0.084% | |
| Tech Hardware | 0% | 0 |
| Semiconductors | 0% | 0 |
| IT | -2.84% | |
| Software | -3.91% | |
| Electronic Equipment and Components | -13.24% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 57.8x.
- Analysts are expecting annual earnings growth of 25.8%, which is higher than its past year's earnings growth of 7.1% per year.
- Investors are most pessimistic about the Communications industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings growth rate of 7.1% per year.
- In contrast, the Software industry is expected to see its earnings grow by 7.2% 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 | |
|---|---|---|---|---|---|
| CCET Cal-Comp Electronics (Thailand) | ฿4.66 | 2.6% +฿1.3b | -44.5% | PE21.8x | |
| PT Premier Technology | ฿12.30 | 1.7% +฿56.8m | 30.9% | PE10.5x | |
| TPS Practical Solution | ฿3.38 | 2.4% +฿33.4m | 19.9% | PE8.8x | |
| METCO Muramoto Electron (Thailand) | ฿289.00 | 0.3% +฿20.9m | 66.1% | PE5.5x | |
| SMT Stars Microelectronics (Thailand) | ฿1.10 | 1.9% +฿16.3m | -19.1% | PS0.4x |