Thai (SET) Electronic Equipment and Components Industry Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies24
- 7D-2.3%
- 3M-27.3%
- 1Y-9.2%
- YTD-19.5%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 2.3%, driven by a pullback from Delta Electronics (Thailand) of 3.4%. In contrast, KCE Electronics has gained 5.3%. The industry has fallen 9.2% in the last year. Earnings are forecast to grow by 14% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | ฿1.2t | ฿541.0b | ฿28.9b | 15.3x | 42.6x | 2.3x |
| Mon, 30 Oct 2023 | ฿1.2t | ฿560.1b | ฿29.4b | 17x | 41.3x | 2.2x |
| Wed, 27 Sep 2023 | ฿1.6t | ฿550.3b | ฿27.9b | 18.6x | 56.9x | 2.9x |
| Fri, 25 Aug 2023 | ฿1.7t | ฿550.3b | ฿27.9b | 20x | 60.3x | 3.1x |
| Sun, 23 Jul 2023 | ฿1.6t | ฿542.8b | ฿27.8b | 19x | 56.6x | 2.9x |
| Tue, 20 Jun 2023 | ฿1.7t | ฿542.8b | ฿27.8b | 18.9x | 62.6x | 3.2x |
| Thu, 18 May 2023 | ฿1.3t | ฿541.1b | ฿28.8b | 15.1x | 43.5x | 2.3x |
| Sat, 15 Apr 2023 | ฿1.5t | ฿533.5b | ฿28.1b | 18.2x | 52.5x | 2.8x |
| Mon, 13 Mar 2023 | ฿1.5t | ฿532.7b | ฿26.9b | 21.5x | 57.3x | 2.9x |
| Wed, 08 Feb 2023 | ฿1.6t | ฿506.5b | ฿25.5b | 26.5x | 62x | 3.1x |
| Fri, 06 Jan 2023 | ฿1.3t | ฿505.3b | ฿25.3b | 20.8x | 52.1x | 2.6x |
| Sun, 04 Dec 2022 | ฿1.3t | ฿505.3b | ฿25.3b | 23.1x | 51.5x | 2.6x |
| Tue, 01 Nov 2022 | ฿1.0t | ฿476.4b | ฿25.7b | 20.1x | 40.5x | 2.2x |
| Thu, 29 Sep 2022 | ฿1.1t | ฿466.4b | ฿22.8b | 20.7x | 48.6x | 2.4x |
| Sat, 27 Aug 2022 | ฿1.1t | ฿466.4b | ฿22.8b | 24.4x | 47.6x | 2.3x |
| Mon, 25 Jul 2022 | ฿796.7b | ฿441.7b | ฿20.1b | 19.6x | 39.6x | 1.8x |
| Wed, 22 Jun 2022 | ฿743.6b | ฿441.7b | ฿20.1b | 19.5x | 36.9x | 1.7x |
| Fri, 20 May 2022 | ฿771.9b | ฿441.7b | ฿20.1b | 21.3x | 38.4x | 1.7x |
| Sun, 17 Apr 2022 | ฿820.1b | ฿419.3b | ฿18.7b | 24.6x | 43.8x | 2x |
| Tue, 15 Mar 2022 | ฿750.3b | ฿419.3b | ฿18.7b | 24.6x | 40x | 1.8x |
| Thu, 10 Feb 2022 | ฿879.1b | ฿400.4b | ฿17.2b | 25.3x | 51.2x | 2.2x |
| Sat, 08 Jan 2022 | ฿924.4b | ฿399.3b | ฿16.9b | 29.8x | 54.8x | 2.3x |
| Mon, 06 Dec 2021 | ฿918.1b | ฿399.3b | ฿16.9b | 29.6x | 54.5x | 2.3x |
| Wed, 03 Nov 2021 | ฿871.7b | ฿390.5b | ฿15.0b | n/a | 58.2x | 2.2x |
| Fri, 01 Oct 2021 | ฿921.6b | ฿387.0b | ฿16.4b | 30.9x | 56.1x | 2.4x |
| Sun, 29 Aug 2021 | ฿1.0t | ฿387.0b | ฿16.4b | 28.9x | 63.3x | 2.7x |
| Mon, 05 Jul 2021 | ฿1.0t | ฿386.2b | ฿16.4b | 30.7x | 63.4x | 2.7x |
| Thu, 08 Apr 2021 | ฿620.3b | ฿368.0b | ฿15.2b | 24.3x | 40.7x | 1.7x |
| Sun, 10 Jan 2021 | ฿783.9b | ฿349.8b | ฿13.6b | 19.8x | 57.6x | 2.2x |
Price to Earnings Ratio
40x
Current Industry PE
- Investors are pessimistic on the Thai Electronic industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 42.6x which is lower than its 3-year average PE of 51.8x.
- The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 17% 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 | -1.16% | |
| Tech | -2.41% | |
| Electronic Equipment and Components | -2.30% | |
| Technology Distributors | 1.54% | |
| Electronic Manufacturing Services | 1.49% | |
| Electronic Components | -2.88% | |
| Electronic Equipment and Instruments | -5.16% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry even though it's trading below its 3-year average PE ratio of 66.9x.
- Analysts are expecting annual earnings growth of 13.8%, which is higher than its past year's earnings decline of 30.8% per year.
- Investors are most pessimistic about the Electronic Manufacturing Services industry, which is trading below its 3-year average of 23.1x.
Forecasted Growth
- Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 9.7% per year.
- In contrast, the Electronic Manufacturing Services 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 | |
|---|---|---|---|---|---|
| KCE KCE Electronics | ฿54.50 | 5.3% +฿3.3b | 9.0% | PE37x | |
| HANA Hana Microelectronics | ฿46.75 | 6.3% +฿2.4b | -14.2% | PE15.3x | |
| JMART Jaymart Group Holdings | ฿17.90 | 4.1% +฿1.0b | -59.3% | PS2x | |
| SIS SiS Distribution (Thailand) | ฿21.30 | 8.7% +฿595.3m | -18.9% | PE12.8x | |
| TEAM Team Precision | ฿5.10 | 8.1% +฿242.1m | -42.0% | PE9.5x |