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Thai (SET) Tech Sector Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies56
  • 7D-1.7%
  • 3M31.8%
  • 1Y43.5%
  • YTD43.4%

Over the last 7 days, the Tech industry has dropped 1.7%, driven by Delta Electronics (Thailand) declining 1.3%. This takes the industry's 12 month performance to a gain of 43%. As for the next few years, earnings are expected to grow by 15% per annum.

Sector Valuation and Performance

Has the Thai Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024฿2.2t฿600.0b฿34.9b13.5x62.8x3.6x
Tue, 19 Nov 2024฿2.4t฿600.1b฿34.4b13.9x69.8x4x
Thu, 17 Oct 2024฿1.9t฿593.6b฿34.9b17.3x53.8x3.2x
Sat, 14 Sep 2024฿1.6t฿593.6b฿34.9b15.3x46x2.7x
Mon, 12 Aug 2024฿1.5t฿595.6b฿35.3b13x43.8x2.6x
Wed, 10 Jul 2024฿1.4t฿590.0b฿32.1b15x43.5x2.4x
Fri, 07 Jun 2024฿1.3t฿593.2b฿32.3b15.7x40.4x2.2x
Sun, 05 May 2024฿1.2t฿599.9b฿32.0b16.2x38.5x2.1x
Tue, 02 Apr 2024฿1.3t฿592.1b฿31.2b16.8x41.8x2.2x
Thu, 29 Feb 2024฿1.2t฿590.0b฿31.3b16.8x39.8x2.1x
Sat, 27 Jan 2024฿1.4t฿599.4b฿32.2b15.8x44.2x2.4x
Mon, 25 Dec 2023฿1.6t฿599.4b฿32.2b16.7x48.6x2.6x
Wed, 22 Nov 2023฿1.4t฿600.7b฿32.5b14.2x44.2x2.4x
Fri, 20 Oct 2023฿1.4t฿606.2b฿30.9b14.7x46.3x2.4x
Sun, 17 Sep 2023฿1.8t฿604.8b฿30.8b18.3x57.5x2.9x
Tue, 15 Aug 2023฿1.7t฿602.4b฿31.2b16.8x54.9x2.8x
Thu, 13 Jul 2023฿1.6t฿594.8b฿30.6b14.8x51.8x2.7x
Sat, 10 Jun 2023฿1.6t฿594.4b฿30.5b17.7x52.8x2.7x
Mon, 08 May 2023฿1.3t฿585.2b฿31.1b16.1x42.2x2.2x
Wed, 05 Apr 2023฿1.6t฿578.6b฿30.5b20.6x53.4x2.8x
Fri, 03 Mar 2023฿1.7t฿579.2b฿29.9b22.9x57.8x3x
Sun, 29 Jan 2023฿1.6t฿556.6b฿29.3b23.6x55.3x2.9x
Tue, 27 Dec 2022฿1.4t฿556.7b฿29.3b22.5x46.8x2.5x
Thu, 24 Nov 2022฿1.3t฿552.8b฿29.0b22.6x45.4x2.4x
Sat, 22 Oct 2022฿1.3t฿515.5b฿26.6b22.3x49x2.5x
Mon, 19 Sep 2022฿1.3t฿515.5b฿26.6b23.9x49.7x2.6x
Wed, 17 Aug 2022฿1.3t฿509.0b฿26.6b20.8x49.2x2.6x
Fri, 15 Jul 2022฿945.9b฿490.0b฿23.7b19.9x39.8x1.9x
Sun, 12 Jun 2022฿1.1t฿490.0b฿23.7b21.8x47.8x2.3x
Tue, 10 May 2022฿1.3t฿472.2b฿22.8b24.3x55.2x2.7x
Thu, 07 Apr 2022฿1.3t฿465.3b฿21.8b28.8x59.6x2.8x
Sat, 05 Mar 2022฿1.1t฿465.2b฿21.7b25.4x51.1x2.4x
Mon, 31 Jan 2022฿1.0t฿446.4b฿20.0b24.2x51.2x2.3x
Wed, 29 Dec 2021฿1.2t฿446.4b฿20.0b27.7x58.9x2.6x
Price to Earnings Ratio

58.9x


Total Market Cap: ฿1.2tTotal Earnings: ฿20.0bTotal Revenue: ฿446.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Tech Sector Price to Earnings3Y Average 49.6x202220232024
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 62.8x which is higher than its 3-year average PE of 49.6x.
  • The 3-year average PS ratio of 2.6x 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 20% per year over the last three years.
  • Revenues for these companies have grown 10% 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-4.66%
Tech-1.66%
Tech Hardware0%
Communications-0.66%
Electronic Equipment and Components-1.52%
Software-4.57%
IT-5.78%
Semiconductors-10.74%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 48.6x.
    • Analysts are expecting annual earnings growth of 15.0%, which is higher than its past year's earnings growth of 7.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 1.3% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CCET Cal-Comp Electronics (Thailand)฿9.651.0%
+฿1.0b		319.6%PE48.3x
DTCENT D.T.C. Enterprise฿1.082.9%
+฿39.5m		-21.8%PE13.8x
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Latest News

BBIK

฿38.25

Bluebik Group

7D

-7.3%

1Y

-24.0%

HANA

฿24.00

Hana Microelectronics

7D

-6.8%

1Y

-55.6%

DITTO

฿14.90

Ditto (Thailand)

7D

-12.9%

1Y

-45.8%

CCET

฿9.65

Cal-Comp Electronics (Thailand)

7D

1.0%

1Y

319.6%

PROEN

฿2.66

PROEN Corp

7D

-42.7%

1Y

-11.3%

DELTA

฿149.50

Delta Electronics (Thailand)

7D

-1.3%

1Y

62.5%

SYNEX

฿14.10

Synnex (Thailand)

7D

-4.7%

1Y

36.9%

DTCENT

฿1.08

D.T.C. Enterprise

7D

2.9%

1Y

-21.8%

JMART

฿12.70

Jaymart Group Holdings

7D

-6.6%

1Y

-29.4%

SKY

฿23.00

Sky ICT

7D

-4.2%

1Y

-14.8%