Header cover image

Thai (SET) Electronic Equipment and Components Industry Analysis

UpdatedMar 14, 2026
DataAggregated Company Financials
Companies25
  • 7D0.2%
  • 3M37.6%
  • 1Y212.2%
  • YTD35.2%

In the last week, the Electronic Equipment and Components industry is up 1.8%, with Hana Microelectronics up 15%. During this same period, the Forth Corporation underperformed, falling 6.0%. This takes the industry's 12 month performance to a gain of 223%. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Mar 2026฿3.4t฿566.1b฿31.3b11.7x107.4x5.9x
Mon, 09 Feb 2026฿2.8t฿556.6b฿26.2b12.3x105.3x5x
Wed, 07 Jan 2026฿2.5t฿556.6b฿26.2b11.7x93.7x4.4x
Fri, 05 Dec 2025฿2.7t฿556.6b฿26.2b11.6x101.6x4.8x
Sun, 02 Nov 2025฿2.9t฿557.7b฿25.7b12.7x113.3x5.2x
Tue, 30 Sep 2025฿2.2t฿547.8b฿24.2b13.7x92x4.1x
Thu, 28 Aug 2025฿2.1t฿547.8b฿24.2b13.7x88x3.9x
Sat, 26 Jul 2025฿2.0t฿549.3b฿26.7b12.8x74.1x3.6x
Mon, 23 Jun 2025฿1.4t฿549.3b฿26.7b12.2x52.1x2.5x
Wed, 21 May 2025฿1.5t฿549.2b฿26.7b12.8x57.1x2.8x
Fri, 18 Apr 2025฿1.0t฿541.5b฿25.9b13.4x38.7x1.9x
Sun, 16 Mar 2025฿1.1t฿541.5b฿25.9b14.7x41.4x2x
Tue, 11 Feb 2025฿1.6t฿534.8b฿31.7b13x50.7x3x
Thu, 09 Jan 2025฿2.2t฿534.8b฿31.7b14.2x69x4.1x
Sat, 07 Dec 2024฿2.1t฿534.8b฿31.7b15.3x67.4x4x
Mon, 04 Nov 2024฿2.0t฿532.5b฿32.2b21.6x61.4x3.7x
Wed, 02 Oct 2024฿1.6t฿529.5b฿31.7b22x51x3.1x
Fri, 30 Aug 2024฿1.5t฿529.5b฿31.7b20.7x48.6x2.9x
Sun, 28 Jul 2024฿1.4t฿533.4b฿31.1b18x44.7x2.6x
Tue, 25 Jun 2024฿1.3t฿527.5b฿29.2b18.3x45.4x2.5x
Thu, 23 May 2024฿1.2t฿528.3b฿29.3b18x40.1x2.2x
Sat, 20 Apr 2024฿1.1t฿529.3b฿27.9b18.9x40.9x2.2x
Mon, 18 Mar 2024฿1.1t฿529.3b฿27.9b18.2x38.2x2x
Wed, 14 Feb 2024฿1.3t฿539.0b฿28.4b16.4x45.6x2.4x
Fri, 12 Jan 2024฿1.3t฿541.0b฿28.9b19.4x46.4x2.5x
Sun, 10 Dec 2023฿1.3t฿541.0b฿28.9b17.5x44.4x2.4x
Tue, 07 Nov 2023฿1.3t฿560.0b฿29.3b17.6x45.2x2.4x
Thu, 05 Oct 2023฿1.4t฿550.3b฿27.9b18.5x49.3x2.5x
Sat, 02 Sep 2023฿1.7t฿550.3b฿27.9b20.5x60.2x3.1x
Mon, 31 Jul 2023฿1.6t฿550.8b฿28.2b19.8x57.7x2.9x
Wed, 28 Jun 2023฿1.5t฿542.8b฿27.8b16.9x52.3x2.7x
Fri, 26 May 2023฿1.4t฿543.0b฿27.8b16.5x48.9x2.5x
Sun, 23 Apr 2023฿1.4t฿533.5b฿28.1b17.1x49.2x2.6x
Tue, 21 Mar 2023฿1.5t฿533.6b฿28.1b18.5x53.6x2.8x
Price to Earnings Ratio

53.6x


Total Market Cap: ฿1.5tTotal Earnings: ฿28.1bTotal Revenue: ฿533.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Equipment and Components Industry Price to Earnings3Y Average 60.3x202420252026
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 110x which is higher than its 3-year average PE of 60.2x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 6.1x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 3.7% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Thai Tech industry?

TH Market-0.072%
Tech0.15%
Electronic Equipment and Components0.16%
Electronic Manufacturing Services3.34%
Technology Distributors1.40%
Electronic Components0.049%
Electronic Equipment and Instruments-4.20%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 74.2x.
    • Analysts are expecting annual earnings growth of 20.1%, which is lower than the prior year's growth of 31.0% per year.
  • Investors are most pessimistic about the Electronic Equipment and Instruments industry, which is trading below its 3-year average of 85.0x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 17% 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
HANA Hana Microelectronics฿24.7015.4%
+฿2.9b
42.8%PE32.6x
KCE KCE Electronics฿19.907.6%
+฿1.7b
3.1%PE28.3x
JMART Jaymart Group Holdings฿7.058.5%
+฿805.2m
-27.3%PS0.7x
CCET Cal-Comp Electronics (Thailand)฿4.701.3%
+฿627.0m
-27.7%PE24x
ILINK Interlink Communication฿4.664.0%
+฿97.9m
-21.0%PS0.8x

Latest News