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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies6
  • 7D8.8%
  • 3M13.3%
  • 1Y-6.5%
  • YTDn/a

In the last week, the Electronic Manufacturing Services industry is up 11%, with Hana Microelectronics up 30%. However, the industry is down 6.4% over the past year. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Mar 2026฿98.2b฿195.5b฿4.4b22.4x22.4x0.5x
Sun, 08 Feb 2026฿88.4b฿200.1b฿2.6b13.8x34.5x0.4x
Tue, 06 Jan 2026฿86.3b฿200.1b฿2.6b14.2x33.7x0.4x
Thu, 04 Dec 2025฿89.1b฿200.1b฿2.6b14.4x34.8x0.4x
Sat, 01 Nov 2025฿106.7b฿203.2b฿2.6b22.6x41.7x0.5x
Mon, 29 Sep 2025฿106.2b฿203.2b฿2.6b21.6x41.5x0.5x
Wed, 27 Aug 2025฿106.8b฿203.2b฿2.6b21.9x41.8x0.5x
Fri, 25 Jul 2025฿108.3b฿210.4b฿3.6b18.1x29.8x0.5x
Sun, 22 Jun 2025฿90.9b฿210.4b฿3.6b15.5x25x0.4x
Tue, 20 May 2025฿106.5b฿210.5b฿3.6b18x29.3x0.5x
Thu, 17 Apr 2025฿95.2b฿209.2b฿3.6b16.3x26.2x0.5x
Sat, 15 Mar 2025฿109.1b฿209.2b฿3.6b19.1x30x0.5x
Mon, 10 Feb 2025฿126.0b฿208.7b฿4.9b15.5x25.7x0.6x
Wed, 08 Jan 2025฿156.7b฿208.7b฿4.9b18.3x32x0.8x
Fri, 06 Dec 2024฿145.4b฿208.7b฿4.9b19.6x29.7x0.7x
Sun, 03 Nov 2024฿124.2b฿206.0b฿5.4b27.2x23.2x0.6x
Tue, 01 Oct 2024฿107.7b฿206.0b฿5.4b22.6x20.1x0.5x
Thu, 29 Aug 2024฿106.5b฿206.0b฿5.4b22.5x19.9x0.5x
Sat, 27 Jul 2024฿109.7b฿208.8b฿5.2b18.9x21x0.5x
Mon, 24 Jun 2024฿120.6b฿208.8b฿5.2b20.2x23.1x0.6x
Wed, 22 May 2024฿108.7b฿208.8b฿5.2b17.6x20.8x0.5x
Fri, 19 Apr 2024฿91.5b฿215.8b฿4.9b17.2x18.7x0.4x
Sun, 17 Mar 2024฿93.1b฿215.8b฿4.9b16.7x19x0.4x
Tue, 13 Feb 2024฿115.3b฿222.8b฿6.2b16.2x18.7x0.5x
Thu, 11 Jan 2024฿109.8b฿224.7b฿6.4b14.6x17.1x0.5x
Sat, 09 Dec 2023฿104.3b฿224.7b฿6.4b14x16.2x0.5x
Mon, 06 Nov 2023฿101.7b฿241.5b฿6.5b11.3x15.7x0.4x
Wed, 04 Oct 2023฿109.9b฿241.1b฿6.4b13.5x17.1x0.5x
Fri, 01 Sep 2023฿119.6b฿241.1b฿6.4b14.8x18.6x0.5x
Sun, 30 Jul 2023฿100.5b฿240.5b฿5.8b14.1x17.3x0.4x
Tue, 27 Jun 2023฿92.9b฿240.5b฿5.8b13.7x16x0.4x
Thu, 25 May 2023฿100.2b฿240.7b฿5.9b14.4x17.1x0.4x
Sat, 22 Apr 2023฿105.5b฿241.1b฿6.1b16x17.4x0.4x
Mon, 20 Mar 2023฿110.1b฿241.2b฿6.1b15.7x18.1x0.5x
Price to Earnings Ratio

18.1x


Total Market Cap: ฿110.1bTotal Earnings: ฿6.1bTotal Revenue: ฿241.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Thai Electronic Manufacturing Services 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 22.0x which is lower than its 3-year average PE of 24.7x.
  • 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 10% per year over the last three years,
  • Revenues have also declined 6.8% 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 Market0.89%
Tech1.81%
Electronic Equipment and Components1.83%
Electronic Manufacturing Services8.75%
Technology Distributors2.59%
Electronic Components1.63%
Electronic Equipment and Instruments-2.13%
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฿24.9030.4%
+฿5.1b
50.9%PE32.9x
CCET Cal-Comp Electronics (Thailand)฿4.866.1%
+฿2.9b
-21.6%PE24.8x
SMT Stars Microelectronics (Thailand)฿1.3515.4%
+฿146.4m
18.4%PS0.5x
TEAM Team Precision฿2.621.6%
+฿25.5m
-2.2%PE8.6x

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