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Thai (SET) Electronic Equipment and Components Industry Analysis

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies25
  • 7D11.1%
  • 3M57.3%
  • 1Y45.1%
  • YTD10.8%

The Electronic Equipment and Components industry is up 11% in the last week, with Delta Electronics (Thailand) up 11%. In the same time, Forth Corporation was down 6.5%. This means that the industry has gained 45% over the past year. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Thai Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Sep 2025฿2.2t฿547.8b฿24.2b13.9x91.6x4x
Fri, 15 Aug 2025฿2.1t฿549.5b฿23.5b14.8x89x3.8x
Sun, 13 Jul 2025฿1.5t฿549.3b฿26.7b12.3x57.6x2.8x
Tue, 10 Jun 2025฿1.4t฿549.3b฿26.7b12.9x53.1x2.6x
Thu, 08 May 2025฿1.5t฿546.2b฿27.1b14.2x55.4x2.8x
Sat, 05 Apr 2025฿878.9b฿541.5b฿25.9b12.5x33.9x1.6x
Mon, 03 Mar 2025฿1.2t฿541.3b฿25.9b12.9x44.4x2.1x
Wed, 29 Jan 2025฿1.9t฿534.8b฿31.7b14.1x60.4x3.6x
Fri, 27 Dec 2024฿2.2t฿534.8b฿31.7b14.6x68.3x4x
Sun, 24 Nov 2024฿2.1t฿535.0b฿31.9b16.1x65.3x3.9x
Tue, 22 Oct 2024฿1.9t฿529.5b฿31.7b21.7x59.1x3.5x
Thu, 19 Sep 2024฿1.5t฿529.5b฿31.7b20.5x48.6x2.9x
Sat, 17 Aug 2024฿1.5t฿529.7b฿31.7b16.7x47.8x2.9x
Mon, 15 Jul 2024฿1.4t฿527.5b฿29.2b19.5x47x2.6x
Wed, 12 Jun 2024฿1.2t฿527.5b฿29.2b17.6x39.8x2.2x
Fri, 10 May 2024฿1.1t฿535.0b฿28.7b19.4x39.4x2.1x
Sun, 07 Apr 2024฿1.2t฿529.3b฿27.9b19.6x41.2x2.2x
Tue, 05 Mar 2024฿1.1t฿529.4b฿27.9b16.4x38.3x2x
Thu, 01 Feb 2024฿1.2t฿541.0b฿28.9b18.7x43x2.3x
Sat, 30 Dec 2023฿1.4t฿541.0b฿28.9b18.1x47.7x2.6x
Mon, 27 Nov 2023฿1.3t฿541.0b฿28.9b14.8x43.6x2.3x
Wed, 25 Oct 2023฿1.3t฿550.8b฿28.0b17.8x45.1x2.3x
Fri, 22 Sep 2023฿1.6t฿550.3b฿27.9b19.2x57.4x2.9x
Sun, 20 Aug 2023฿1.5t฿550.3b฿27.9b18.6x54.6x2.8x
Tue, 18 Jul 2023฿1.6t฿542.8b฿27.8b17.7x56x2.9x
Thu, 15 Jun 2023฿1.6t฿542.8b฿27.8b19x55.9x2.9x
Sat, 13 May 2023฿1.2t฿541.4b฿28.9b16x42.1x2.2x
Mon, 10 Apr 2023฿1.4t฿533.5b฿28.1b18x50.8x2.7x
Wed, 08 Mar 2023฿1.5t฿527.8b฿27.0b22.6x56.7x2.9x
Fri, 03 Feb 2023฿1.5t฿506.5b฿25.5b26.2x59.7x3x
Sun, 01 Jan 2023฿1.4t฿505.3b฿25.3b21.4x53.5x2.7x
Tue, 29 Nov 2022฿1.2t฿504.1b฿25.2b21.4x45.7x2.3x
Thu, 27 Oct 2022฿1.1t฿476.8b฿25.7b20.1x41.8x2.2x
Sat, 24 Sep 2022฿1.1t฿466.4b฿22.8b23.1x49.1x2.4x
Price to Earnings Ratio

49.1x


Total Market Cap: ฿1.1tTotal Earnings: ฿22.8bTotal Revenue: ฿466.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Equipment and Components Industry Price to Earnings3Y Average 52.1x202320242025
Current Industry PE
  • Investors are optimistic on the Thai Electronic industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 91.6x which is higher than its 3-year average PE of 52.1x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 2.0% per year over the last three years.
  • Revenues for these companies have grown 5.5% 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 industry?

TH Market2.59%
Tech10.79%
Electronic Equipment and Components11.09%
Electronic Equipment and Instruments15.89%
Electronic Components11.77%
Electronic Manufacturing Services5.38%
Technology Distributors0.025%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 64.0x.
    • Analysts are expecting annual earnings growth of 18.9%, which is higher than its past year's earnings decline of 13.5% per year.
  • Investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 31.2x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 36% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 7.3% 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)฿161.0010.7%
+฿193.3b
55.6%PE110.4x
CCET Cal-Comp Electronics (Thailand)฿6.105.2%
+฿3.1b
62.2%PE26.7x
NEX Nex Point฿1.2629.9%
+฿1.7b
-5.3%PS7.8x
HANA Hana Microelectronics฿26.254.0%
+฿885.4m
-33.5%PS1x
LOXLEY Loxley฿1.7415.2%
+฿520.9m
20.8%PE45.5x

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