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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedDec 22, 2025
DataAggregated Company Financials
Companies6
  • 7D-1.5%
  • 3M-19.5%
  • 1Y-43.2%
  • YTDn/a

Over the last 7 days, the Electronic Manufacturing Services industry has dropped 1.5%, driven by a pullback from Cal-Comp Electronics (Thailand) of 2.6%. The industry has fallen 43% in the last year. Earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Thai Electronic Manufacturing Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Dec 2025฿85.4b฿200.1b฿2.6b14.4x33.3x0.4x
Wed, 19 Nov 2025฿94.2b฿199.1b฿2.6b14.7x36.7x0.5x
Fri, 17 Oct 2025฿104.2b฿203.2b฿2.6b21.6x40.7x0.5x
Sun, 14 Sep 2025฿109.6b฿203.2b฿2.6b22.2x42.9x0.5x
Tue, 12 Aug 2025฿111.1b฿208.8b฿3.2b21.8x35.1x0.5x
Thu, 10 Jul 2025฿99.2b฿210.4b฿3.6b16.4x27.3x0.5x
Sat, 07 Jun 2025฿93.8b฿210.4b฿3.6b15.7x25.8x0.4x
Mon, 05 May 2025฿107.5b฿209.2b฿3.6b18x29.6x0.5x
Wed, 02 Apr 2025฿99.4b฿209.2b฿3.6b17.4x27.3x0.5x
Fri, 28 Feb 2025฿112.0b฿208.9b฿5.0b14.6x22.5x0.5x
Sun, 26 Jan 2025฿141.1b฿208.7b฿4.9b17.8x28.8x0.7x
Tue, 24 Dec 2024฿154.0b฿208.7b฿4.9b18.3x31.4x0.7x
Thu, 21 Nov 2024฿153.0b฿208.7b฿5.0b21.2x30.6x0.7x
Sat, 19 Oct 2024฿121.5b฿206.0b฿5.4b26.1x22.7x0.6x
Mon, 16 Sep 2024฿107.3b฿206.0b฿5.4b21.9x20x0.5x
Wed, 14 Aug 2024฿103.5b฿208.6b฿5.3b20.5x19.4x0.5x
Fri, 12 Jul 2024฿122.1b฿208.8b฿5.2b20.8x23.4x0.6x
Sun, 09 Jun 2024฿112.4b฿208.8b฿5.2b17.8x21.5x0.5x
Tue, 07 May 2024฿94.5b฿215.8b฿4.9b17.8x19.3x0.4x
Thu, 04 Apr 2024฿93.9b฿215.8b฿4.9b17.4x19.2x0.4x
Sat, 02 Mar 2024฿91.0b฿215.8b฿4.9b16.2x18.6x0.4x
Mon, 29 Jan 2024฿108.4b฿224.7b฿6.4b13.6x16.9x0.5x
Wed, 27 Dec 2023฿114.0b฿224.7b฿6.4b15.1x17.7x0.5x
Fri, 24 Nov 2023฿97.6b฿224.7b฿6.4b13.1x15.2x0.4x
Sun, 22 Oct 2023฿102.3b฿241.7b฿6.5b11x15.7x0.4x
Tue, 19 Sep 2023฿111.0b฿241.1b฿6.4b13x17.3x0.5x
Thu, 17 Aug 2023฿112.6b฿241.4b฿6.6b14.5x17.2x0.5x
Sat, 15 Jul 2023฿99.4b฿240.5b฿5.8b14x17.1x0.4x
Mon, 12 Jun 2023฿102.8b฿240.5b฿5.8b15x17.7x0.4x
Wed, 10 May 2023฿103.2b฿241.1b฿6.1b15.4x17x0.4x
Fri, 07 Apr 2023฿109.1b฿241.1b฿6.1b15.6x18x0.5x
Sun, 05 Mar 2023฿121.2b฿240.1b฿4.9b15.6x24.5x0.5x
Tue, 31 Jan 2023฿128.5b฿229.6b฿4.5b28.1x28.4x0.6x
Thu, 29 Dec 2022฿115.3b฿229.6b฿4.5b26.9x25.5x0.5x
Price to Earnings Ratio

25.5x


Total Market Cap: ฿115.3bTotal Earnings: ฿4.5bTotal Revenue: ฿229.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.2x202320242025
Current Industry PE
  • Investors are optimistic on the Thai Electronic Manufacturing Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.3x which is higher than its 3-year average PE of 24.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
  • The earnings for companies in the Electronic Manufacturing Services industry have declined 17% per year over the last three years,
  • Revenues have also declined 4.5% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Thai Electronic Manufacturing Services compare with similar industries?

TH Market-0.16%
Tech-6.53%
Electronic Equipment and Components-6.67%
Electronic Manufacturing Services-1.54%
Technology Distributors-0.23%
Electronic Components-6.99%
Electronic Equipment and Instruments-8.57%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HANA Hana Microelectronics฿16.301.2%
+฿177.1m
-32.1%PS0.7x
SMT Stars Microelectronics (Thailand)฿1.090.9%
+฿8.1m
-30.1%PS0.4x

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