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Thai (SET) Tech Sector Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies51
  • 7D11.4%
  • 3M22.3%
  • 1Y29.9%
  • YTD22.9%

In the last week, the Tech industry is up 11%, with Delta Electronics (Thailand) up 17%. In the same time, Jasmine Technology Solution was down 13%. This takes the industry's 12 month performance to a gain of 30%. Earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Dec 2022฿1.5t฿556.0b฿29.3b23.3x50.6x2.7x
Tue, 01 Nov 2022฿1.2t฿525.9b฿29.5b21.6x42x2.4x
Thu, 29 Sep 2022฿1.3t฿515.5b฿26.6b21.7x49.4x2.5x
Sat, 27 Aug 2022฿1.3t฿515.5b฿26.6b25.8x49.6x2.6x
Mon, 25 Jul 2022฿1.0t฿490.0b฿23.7b19.6x43x2.1x
Wed, 22 Jun 2022฿997.9b฿490.0b฿23.7b19.6x42x2x
Fri, 20 May 2022฿1.2t฿487.1b฿23.4b20.8x49.5x2.4x
Sun, 17 Apr 2022฿1.3t฿465.3b฿21.8b28.1x59.9x2.8x
Tue, 15 Mar 2022฿1.0t฿465.3b฿21.8b26.9x48x2.2x
Thu, 10 Feb 2022฿1.2t฿447.6b฿20.3b25.3x57x2.6x
Sat, 08 Jan 2022฿1.1t฿446.4b฿20.0b28.7x56.5x2.5x
Mon, 06 Dec 2021฿1.1t฿446.4b฿20.0b27.6x54.4x2.4x
Wed, 03 Nov 2021฿1.0t฿438.8b฿18.0bn/a56.4x2.3x
Fri, 01 Oct 2021฿1.0t฿435.3b฿19.5b30.2x53.8x2.4x
Sun, 29 Aug 2021฿1.2t฿435.7b฿19.0b28.4x61.1x2.7x
Mon, 05 Jul 2021฿1.1t฿432.5b฿18.7b26.9x60.4x2.6x
Thu, 08 Apr 2021฿691.2b฿412.2b฿16.7b21.2x41.3x1.7x
Sun, 10 Jan 2021฿838.2b฿392.5b฿15.2b16.8x55.1x2.1x
Sat, 03 Oct 2020฿404.2b฿376.0b฿13.0b18.4x31x1.1x
Tue, 07 Jul 2020฿226.3b฿366.7b฿10.2b12.5x22.2x0.6x
Fri, 10 Apr 2020฿155.3b฿371.1b฿9.8b10.1x15.8x0.4x
Thu, 02 Jan 2020฿227.6b฿379.2b฿9.7b14.2x23.4x0.6x
Price to Earnings Ratio

23.4x


Total Market Cap: ฿227.6bTotal Earnings: ฿9.7bTotal Revenue: ฿379.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Tech Sector Price to Earnings3Y Average 44.1x20212022
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 50.6x which is higher than its 3-year average PE of 44.1x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 51% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market1.26%
Tech11.45%
Electronic Equipment and Components13.56%
Software1.05%
Tech Hardware0%
Semiconductors-0.18%
Communications-1.65%
IT-2.30%
Industry PE
  • Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio of 53.8x.
    • Analysts are expecting annual earnings growth of 26.2%, which is higher than its past year's earnings decline of 10.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 19% 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
DELTA Delta Electronics (Thailand)฿772.0016.6%
+฿137.2b
84.7%PE72.7x
SVI SVI฿11.4019.4%
+฿4.0b
38.2%PE13.2x
KCE KCE Electronics฿50.007.0%
+฿3.8b
-44.3%PE23.5x
HANA Hana Microelectronics฿54.509.5%
+฿3.8b
-40.4%PE45.2x
FORTH Forth Corporation฿37.005.0%
+฿1.6b
77.9%PE43x
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Latest News

W

฿2.00

Wow Factor

7D

-2.9%

1Y

-53.9%

BBIK

฿120.00

Bluebik Group

7D

8.6%

1Y

123.3%

HANA

฿54.50

Hana Microelectronics

7D

9.5%

1Y

-40.4%

DELTA

฿772.00

Delta Electronics (Thailand)

7D

16.6%

1Y

84.7%

JMART

฿44.00

Jay Mart

7D

2.3%

1Y

-7.9%

SVI

฿11.40

SVI

7D

19.4%

1Y

38.2%

TEAM

฿8.80

Team Precision

7D

18.1%

1Y

81.8%

DITTO

฿64.75

Ditto (Thailand)

7D

-3.0%

1Y

354.4%

FORTH

฿37.00

Forth Corporation

7D

5.0%

1Y

77.9%

SMT

฿5.70

Stars Microelectronics (Thailand)

7D

-0.9%

1Y

-5.8%

SABUY

฿11.00

Sabuy Technology

7D

-5.2%

1Y

-28.1%

KCE

฿50.00

KCE Electronics

7D

7.0%

1Y

-44.3%

JTS

฿35.50

Jasmine Technology Solution

7D

-12.9%

1Y

-64.5%

HUMAN

฿11.00

Humanica

7D

-0.9%

1Y

2.8%

ALT

฿2.38

ALT Telecom

7D

-1.7%

1Y

-2.5%

AIT

฿6.45

Advanced Information Technology

7D

-1.5%

1Y

-15.1%