Have your own idea? Try our Stock Screener
Thai (SET) Tech Sector Analysis
UpdatedSep 15, 2025
DataAggregated Company Financials
Companies55
- 7D5.9%
- 3M51.5%
- 1Y38.6%
- YTD7.9%
Over the last 7 days, the Tech industry has risen 5.9%, driven by gains from Delta Electronics (Thailand) of 12%. This means that the industry has gained 39% over the past year. As for the next few years, earnings are expected to grow by 19% 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 |
|---|---|---|---|---|---|---|
| Tue, 16 Sep 2025 | ฿2.2t | ฿616.5b | ฿28.3b | 12.9x | 78.9x | 3.6x |
| Thu, 14 Aug 2025 | ฿2.2t | ฿618.6b | ฿28.5b | 13x | 76.8x | 3.5x |
| Sat, 12 Jul 2025 | ฿1.6t | ฿618.5b | ฿30.6b | 12.5x | 51x | 2.5x |
| Mon, 09 Jun 2025 | ฿1.4t | ฿618.5b | ฿30.6b | 12.1x | 46.5x | 2.3x |
| Wed, 07 May 2025 | ฿1.5t | ฿614.3b | ฿30.8b | 11.8x | 48.5x | 2.4x |
| Fri, 04 Apr 2025 | ฿996.7b | ฿609.5b | ฿29.6b | 12.4x | 33.6x | 1.6x |
| Sun, 02 Mar 2025 | ฿1.2t | ฿609.4b | ฿29.6b | 12.9x | 41.1x | 2x |
| Tue, 28 Jan 2025 | ฿2.0t | ฿600.0b | ฿34.9b | 13.3x | 58.2x | 3.4x |
| Thu, 26 Dec 2024 | ฿2.2t | ฿600.0b | ฿34.9b | 13.6x | 63.2x | 3.7x |
| Sat, 23 Nov 2024 | ฿2.2t | ฿600.3b | ฿35.2b | 14x | 61.2x | 3.6x |
| Mon, 21 Oct 2024 | ฿2.0t | ฿593.6b | ฿34.9b | 17.1x | 56x | 3.3x |
| Wed, 18 Sep 2024 | ฿1.6t | ฿593.6b | ฿34.9b | 16.7x | 46.2x | 2.7x |
| Fri, 16 Aug 2024 | ฿1.6t | ฿595.0b | ฿35.6b | 12.9x | 43.8x | 2.6x |
| Sun, 14 Jul 2024 | ฿1.4t | ฿590.0b | ฿32.1b | 15.7x | 45x | 2.4x |
| Tue, 11 Jun 2024 | ฿1.3t | ฿592.5b | ฿32.3b | 15.3x | 40.3x | 2.2x |
| Thu, 09 May 2024 | ฿1.3t | ฿599.7b | ฿32.0b | 16.3x | 39.9x | 2.1x |
| Sat, 06 Apr 2024 | ฿1.3t | ฿592.1b | ฿31.2b | 16x | 40.8x | 2.2x |
| Mon, 04 Mar 2024 | ฿1.2t | ฿591.3b | ฿30.9b | 16.7x | 39.7x | 2.1x |
| Wed, 31 Jan 2024 | ฿1.4t | ฿599.4b | ฿32.2b | 15.8x | 43.6x | 2.3x |
| Fri, 29 Dec 2023 | ฿1.5t | ฿599.4b | ฿32.2b | 16.7x | 47.4x | 2.5x |
| Sun, 26 Nov 2023 | ฿1.4t | ฿599.4b | ฿32.2b | 14.3x | 43.2x | 2.3x |
| Tue, 24 Oct 2023 | ฿1.4t | ฿606.8b | ฿31.0b | 14.5x | 44.8x | 2.3x |
| Thu, 21 Sep 2023 | ฿1.7t | ฿605.9b | ฿30.8b | 17.7x | 56.4x | 2.9x |
| Sat, 19 Aug 2023 | ฿1.6t | ฿605.3b | ฿30.8b | 16.7x | 53.3x | 2.7x |
| Mon, 17 Jul 2023 | ฿1.6t | ฿594.8b | ฿30.6b | 15x | 54x | 2.8x |
| Wed, 14 Jun 2023 | ฿1.7t | ฿594.4b | ฿30.5b | 17.5x | 54.6x | 2.8x |
| Fri, 12 May 2023 | ฿1.3t | ฿590.0b | ฿31.4b | 16.3x | 42.7x | 2.3x |
| Sun, 09 Apr 2023 | ฿1.6t | ฿578.6b | ฿30.5b | 19.3x | 51x | 2.7x |
| Tue, 07 Mar 2023 | ฿1.7t | ฿578.5b | ฿30.4b | 23.2x | 55.8x | 2.9x |
| Thu, 02 Feb 2023 | ฿1.7t | ฿556.6b | ฿29.3b | 25.6x | 57x | 3x |
| Sat, 31 Dec 2022 | ฿1.5t | ฿556.6b | ฿29.3b | 23x | 52.5x | 2.8x |
| Mon, 28 Nov 2022 | ฿1.3t | ฿554.8b | ฿29.2b | 22.3x | 45.4x | 2.4x |
| Wed, 26 Oct 2022 | ฿1.4t | ฿515.5b | ฿26.6b | 21.7x | 50.9x | 2.6x |
| Fri, 23 Sep 2022 | ฿1.4t | ฿515.5b | ฿26.6b | 23.7x | 51.7x | 2.7x |
Price to Earnings Ratio
51.7x
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 78.9x which is higher than its 3-year average PE of 50.0x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 2.1% per year over the last three years.
- Revenues for these companies have grown 6.1% 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 sector?
| TH Market | 2.23% | |
| Tech | 5.92% | |
| Communications | 9.27% | |
| Semiconductors | 6.92% | |
| Electronic Equipment and Components | 6.06% | |
| Software | 1.52% | |
| IT | 0.41% | |
| Tech Hardware | 0% | 0 |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 52.0x.
- Analysts are expecting annual earnings growth of 19.5%, which is higher than its past year's earnings growth of 8.9% per year.
- Investors are most pessimistic about the IT industry, which is trading below its 3-year average of 28.7x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings growth rate of 8.9% per year.
- In contrast, the Software industry is expected to see its earnings grow by 3.2% 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 | |
|---|---|---|---|---|---|
| DELTA Delta Electronics (Thailand) | ฿160.00 | 11.9% +฿212.1b | 56.1% | PE109.8x | |
| CCET Cal-Comp Electronics (Thailand) | ฿6.10 | 7.0% +฿4.2b | 66.7% | PE26.7x | |
| NEX Nex Point | ฿1.22 | 38.6% +฿2.0b | -4.7% | PS7.6x | |
| HANA Hana Microelectronics | ฿26.00 | 6.1% +฿1.3b | -32.0% | PS1x | |
| KCE KCE Electronics | ฿26.00 | 2.0% +฿591.0m | -31.1% | PE33.8x |