Thai (SET) Electronic Equipment and Components Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 28 Nov 2022	฿1.1t	฿504.1b	฿25.2b	21.6x	45.4x	2.3x
Wed, 26 Oct 2022	฿1.2t	฿466.4b	฿22.8b	20.6x	50.7x	2.5x
Fri, 23 Sep 2022	฿1.1t	฿466.4b	฿22.8b	22.9x	50.4x	2.5x
Sun, 21 Aug 2022	฿1.1t	฿466.4b	฿22.8b	23.7x	46.3x	2.3x
Tue, 19 Jul 2022	฿721.5b	฿441.7b	฿20.1b	20.3x	35.8x	1.6x
Thu, 16 Jun 2022	฿736.9b	฿441.7b	฿20.1b	18.7x	36.6x	1.7x
Sat, 14 May 2022	฿750.9b	฿427.3b	฿19.9b	21.7x	37.7x	1.8x
Mon, 11 Apr 2022	฿845.4b	฿419.3b	฿18.7b	25.9x	45.1x	2x
Wed, 09 Mar 2022	฿772.0b	฿419.3b	฿18.7b	24.2x	41.2x	1.8x
Fri, 04 Feb 2022	฿883.5b	฿399.3b	฿16.9b	26.3x	52.4x	2.2x
Sun, 02 Jan 2022	฿951.7b	฿399.3b	฿16.9b	30.5x	56.5x	2.4x
Tue, 30 Nov 2021	฿947.8b	฿399.3b	฿16.9b	30.1x	56.2x	2.4x
Thu, 28 Oct 2021	฿907.3b	฿387.0b	฿16.4b	31.8x	55.3x	2.3x
Sat, 25 Sep 2021	฿956.9b	฿387.0b	฿16.4b	32.2x	58.3x	2.5x
Mon, 23 Aug 2021	฿1.0t	฿387.0b	฿16.4b	28.9x	62.7x	2.7x
Sat, 10 Jul 2021	฿1.0t	฿386.2b	฿16.4b	30.7x	63.4x	2.7x
Fri, 02 Apr 2021	฿620.3b	฿368.0b	฿15.2b	24.3x	40.7x	1.7x
Mon, 04 Jan 2021	฿783.9b	฿349.8b	฿13.6b	19.8x	57.6x	2.2x
Thu, 08 Oct 2020	฿350.9b	฿335.0b	฿11.6b	18.8x	30.2x	1x
Wed, 01 Jul 2020	฿178.2b	฿327.0b	฿8.8b	17.4x	20.3x	0.5x
Sat, 04 Apr 2020	฿120.0b	฿331.3b	฿7.8b	12.2x	15.3x	0.4x
Tue, 07 Jan 2020	฿186.3b	฿339.3b	฿7.8b	16x	23.9x	0.5x

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 45.8x which is higher than its 3-year average PE of 42.3x.

The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.3x.

Past Earnings Growth

The earnings for companies in the Electronic industry have grown 54% 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 industry?


TH Market	0.16%
Tech	-0.66%
Electronic Equipment and Components	-0.58%
Electronic Components	-0.27%
Electronic Equipment and Instruments	-0.93%
Electronic Manufacturing Services	-1.52%
Technology Distributors	-2.15%

Industry PE

Investors are most optimistic about the Electronic Components industry, which is trading close to its 3-year average PE ratio of 53.7x.

Analysts expect its future annual earnings growth (18.8%) to be largely in line with prior year's earnings growth.

Investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 28.2x.

Forecasted Growth

Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 29% over the next 5 years.
This is better than its past earnings growth rate of 14% per year.

In contrast, the Technology Distributors industry is expected to see its earnings grow by 12% 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)	฿662.00	0.3% +฿2.5b	58.4%	PE62.3x
TEAM Team Precision	฿7.45	40.6% +฿1.4b	58.5%	PE19.6x
NEX Nex Point	฿18.60	1.1% +฿334.9m	50.0%	PS16.4x
SVI SVI	฿9.55	1.6% +฿323.0m	6.1%	PE11.1x
MSC Metro Systems Corporation	฿10.10	2.0% +฿72.0m	56.6%	PE12.8x

Nov 16

Industry Valuation and Performance