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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedJan 10, 2026
DataAggregated Company Financials
Companies6
  • 7D-1.3%
  • 3M-21.0%
  • 1Y-43.5%
  • YTDn/a

Over the last 7 days, the Electronic Manufacturing Services industry has dropped 1.1%, driven by Cal-Comp Electronics (Thailand) declining 1.8%. Overall the industry is down 43% in 12 months. 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
Sat, 10 Jan 2026฿84.0b฿200.1b฿2.6b14x32.8x0.4x
Mon, 08 Dec 2025฿88.3b฿200.1b฿2.6b14.5x34.5x0.4x
Wed, 05 Nov 2025฿106.7b฿203.2b฿2.6b23.8x41.7x0.5x
Fri, 03 Oct 2025฿100.0b฿203.2b฿2.6b20.6x39.1x0.5x
Sun, 31 Aug 2025฿103.8b฿203.2b฿2.6b21.4x40.6x0.5x
Tue, 29 Jul 2025฿109.4b฿210.4b฿3.6b18.2x30.1x0.5x
Thu, 26 Jun 2025฿97.6b฿210.4b฿3.6b16.3x26.8x0.5x
Sat, 24 May 2025฿100.2b฿210.4b฿3.6b17.2x27.5x0.5x
Mon, 21 Apr 2025฿102.5b฿209.2b฿3.6b17.4x28.2x0.5x
Wed, 19 Mar 2025฿105.9b฿209.2b฿3.6b18.5x29.1x0.5x
Fri, 14 Feb 2025฿128.4b฿208.8b฿5.0b16.1x25.7x0.6x
Sun, 12 Jan 2025฿148.6b฿208.7b฿4.9b17.3x30.3x0.7x
Tue, 10 Dec 2024฿139.1b฿208.7b฿4.9b19x28.4x0.7x
Thu, 07 Nov 2024฿128.1b฿206.0b฿5.4b28.1x23.9x0.6x
Sat, 05 Oct 2024฿110.2b฿206.0b฿5.4b23.5x20.6x0.5x
Mon, 02 Sep 2024฿107.0b฿206.0b฿5.4b22.6x20x0.5x
Wed, 31 Jul 2024฿111.7b฿208.8b฿5.2b17.7x21.4x0.5x
Fri, 28 Jun 2024฿119.6b฿208.8b฿5.2b20x22.9x0.6x
Sun, 26 May 2024฿111.0b฿208.8b฿5.2b17.4x21.2x0.5x
Tue, 23 Apr 2024฿88.5b฿215.8b฿4.9b16.7x18.1x0.4x
Thu, 21 Mar 2024฿92.0b฿215.8b฿4.9b16.5x18.8x0.4x
Sat, 17 Feb 2024฿107.1b฿222.8b฿6.2b15.1x17.4x0.5x
Mon, 15 Jan 2024฿112.5b฿224.7b฿6.4b14.6x17.5x0.5x
Wed, 13 Dec 2023฿101.8b฿224.7b฿6.4b13.9x15.9x0.5x
Fri, 10 Nov 2023฿98.0b฿241.4b฿6.5b11.1x15.1x0.4x
Sun, 08 Oct 2023฿108.7b฿241.1b฿6.4b13.5x16.9x0.5x
Tue, 05 Sep 2023฿116.7b฿241.1b฿6.4b13.5x18.2x0.5x
Thu, 03 Aug 2023฿103.3b฿240.5b฿5.8b14.3x17.8x0.4x
Sat, 01 Jul 2023฿99.3b฿240.5b฿5.8b14.2x17.1x0.4x
Mon, 29 May 2023฿101.4b฿240.5b฿5.8b15.8x17.5x0.4x
Wed, 26 Apr 2023฿101.0b฿241.1b฿6.1b15.2x16.6x0.4x
Fri, 24 Mar 2023฿114.6b฿241.2b฿6.1b16.1x18.9x0.5x
Sun, 19 Feb 2023฿126.9b฿229.6b฿4.5b27.1x28x0.6x
Tue, 17 Jan 2023฿123.1b฿229.6b฿4.5b27.3x27.2x0.5x
Price to Earnings Ratio

27.2x


Total Market Cap: ฿123.1bTotal Earnings: ฿4.5bTotal Revenue: ฿229.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.4x202420252026
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 32.8x which is higher than its 3-year average PE of 24.4x.
  • 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-0.47%
Tech-4.30%
Electronic Equipment and Components-4.38%
Electronic Manufacturing Services-1.26%
Technology Distributors-1.21%
Electronic Equipment and Instruments-1.56%
Electronic Components-4.58%
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
SVI SVI฿7.350.7%
+฿107.7m
3.5%PE19.1x
FORTH Forth Corporation฿5.800.9%
+฿46.8m
-40.8%PE8.9x
TEAM Team Precision฿2.341.7%
+฿25.5m
-8.6%PE7.7x
SMT Stars Microelectronics (Thailand)฿1.102.8%
+฿24.4m
-20.9%PS0.4x

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