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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedFeb 18, 2026
DataAggregated Company Financials
Companies6
  • 7D-0.4%
  • 3M1.1%
  • 1Y-21.6%
  • YTDn/a

Last week, the Electronic Manufacturing Services industry hasn't moved much but Forth Corporation is up 3.8% in that time. As for the longer term, the industry has declined 24% in the last year. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Feb 2026฿94.5b฿199.5b฿2.4b17.5x38.6x0.5x
Fri, 16 Jan 2026฿89.3b฿200.1b฿2.6b13.9x34.8x0.4x
Sun, 14 Dec 2025฿86.7b฿200.1b฿2.6b14.5x33.8x0.4x
Tue, 11 Nov 2025฿103.4b฿203.1b฿2.7b22x38.4x0.5x
Thu, 09 Oct 2025฿106.2b฿203.2b฿2.6b21.9x41.5x0.5x
Sat, 06 Sep 2025฿105.4b฿203.2b฿2.6b21.4x41.2x0.5x
Mon, 04 Aug 2025฿114.0b฿210.4b฿3.6b18.9x31.3x0.5x
Wed, 02 Jul 2025฿96.2b฿210.4b฿3.6b15.9x26.4x0.5x
Fri, 30 May 2025฿101.2b฿210.4b฿3.6b17.2x27.8x0.5x
Sun, 27 Apr 2025฿107.8b฿209.2b฿3.6b17.9x29.7x0.5x
Tue, 25 Mar 2025฿104.2b฿209.2b฿3.6b18.1x28.6x0.5x
Thu, 20 Feb 2025฿120.6b฿208.8b฿5.0b15.9x24.1x0.6x
Sat, 18 Jan 2025฿128.0b฿208.7b฿4.9b16.4x26.1x0.6x
Mon, 16 Dec 2024฿152.1b฿208.7b฿4.9b18.7x31.1x0.7x
Wed, 13 Nov 2024฿129.8b฿206.0b฿5.4b26.2x24.2x0.6x
Fri, 11 Oct 2024฿117.4b฿206.0b฿5.4b25.3x21.9x0.6x
Sun, 08 Sep 2024฿105.0b฿206.0b฿5.4b21.4x19.6x0.5x
Tue, 06 Aug 2024฿99.6b฿208.8b฿5.2b17.4x19.1x0.5x
Thu, 04 Jul 2024฿115.8b฿208.8b฿5.2b19.9x22.1x0.6x
Sat, 01 Jun 2024฿110.3b฿208.8b฿5.2b17.7x21.1x0.5x
Mon, 29 Apr 2024฿93.2b฿215.8b฿4.9b17.7x19x0.4x
Wed, 27 Mar 2024฿93.7b฿215.8b฿4.9b17.2x19.1x0.4x
Fri, 23 Feb 2024฿103.2b฿222.7b฿6.1b15x16.9x0.5x
Sun, 21 Jan 2024฿110.8b฿224.7b฿6.4b14.2x17.3x0.5x
Tue, 19 Dec 2023฿107.7b฿224.7b฿6.4b14.5x16.8x0.5x
Thu, 16 Nov 2023฿92.7b฿225.0b฿6.5b12.1x14.2x0.4x
Sat, 14 Oct 2023฿111.5b฿241.1b฿6.4b13.5x17.4x0.5x
Mon, 11 Sep 2023฿115.0b฿241.1b฿6.4b13.6x17.9x0.5x
Wed, 09 Aug 2023฿104.0b฿240.6b฿5.8b14.1x17.9x0.4x
Fri, 07 Jul 2023฿96.3b฿240.5b฿5.8b13.7x16.6x0.4x
Sun, 04 Jun 2023฿103.0b฿240.5b฿5.8b15.4x17.7x0.4x
Tue, 02 May 2023฿100.0b฿241.1b฿6.1b15.2x16.5x0.4x
Thu, 30 Mar 2023฿115.0b฿241.1b฿6.1b15.9x18.9x0.5x
Sat, 25 Feb 2023฿125.2b฿231.1b฿4.4b27.3x28.2x0.5x
Price to Earnings Ratio

28.2x


Total Market Cap: ฿125.2bTotal Earnings: ฿4.4bTotal Revenue: ฿231.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.6x202420252026
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 38.1x which is higher than its 3-year average PE of 24.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.50x.
Past Earnings Growth
  • The earnings for companies in the Electronic Manufacturing Services industry have declined 18% per year over the last three years,
  • Revenues have also declined 4.8% 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 Market3.54%
Tech3.57%
Electronic Equipment and Components3.52%
Electronic Manufacturing Services-0.41%
Electronic Equipment and Instruments6.35%
Electronic Components3.65%
Technology Distributors3.48%
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
FORTH Forth Corporation฿8.253.8%
+฿280.6m
1.9%PE12.7x
SVI SVI฿7.350.7%
+฿107.7m
3.5%PE22.2x
TEAM Team Precision฿2.481.6%
+฿25.5m
0%PE8.1x

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