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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies6
  • 7D6.4%
  • 3M16.1%
  • 1Y0.8%
  • YTDn/a

In the last week, the Electronic Manufacturing Services industry is up 4.7%, with Cal-Comp Electronics (Thailand) up 9.5%. In the past year, the industry is down 8.6%. 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, 28 Feb 2026฿101.1b฿199.5b฿2.4b17.7x41.3x0.5x
Mon, 26 Jan 2026฿91.9b฿200.1b฿2.6b14.1x35.8x0.5x
Wed, 24 Dec 2025฿88.6b฿200.1b฿2.6b14.1x34.6x0.4x
Fri, 21 Nov 2025฿92.5b฿200.1b฿2.6b14.6x36.1x0.5x
Sun, 19 Oct 2025฿104.1b฿203.2b฿2.6b21.8x40.7x0.5x
Tue, 16 Sep 2025฿109.8b฿203.2b฿2.6b22.3x42.9x0.5x
Thu, 14 Aug 2025฿111.9b฿208.7b฿3.2b21.8x35.3x0.5x
Sat, 12 Jul 2025฿99.2b฿210.4b฿3.6b16.4x27.3x0.5x
Mon, 09 Jun 2025฿93.8b฿210.4b฿3.6b15.7x25.8x0.4x
Wed, 07 May 2025฿104.2b฿209.2b฿3.6b17.4x28.7x0.5x
Fri, 04 Apr 2025฿95.9b฿209.2b฿3.6b16.5x26.4x0.5x
Sun, 02 Mar 2025฿100.3b฿209.0b฿3.6b17.1x27.5x0.5x
Tue, 28 Jan 2025฿135.3b฿208.7b฿4.9b17.1x27.6x0.6x
Thu, 26 Dec 2024฿147.2b฿208.7b฿4.9b18.9x30.1x0.7x
Sat, 23 Nov 2024฿145.6b฿208.8b฿5.0b20.1x29.1x0.7x
Mon, 21 Oct 2024฿121.5b฿206.0b฿5.4b26.1x22.7x0.6x
Wed, 18 Sep 2024฿109.1b฿206.0b฿5.4b22.4x20.3x0.5x
Fri, 16 Aug 2024฿100.0b฿206.3b฿5.5b20.4x18.3x0.5x
Sun, 14 Jul 2024฿120.0b฿208.8b฿5.2b20.5x23x0.6x
Tue, 11 Jun 2024฿112.4b฿208.8b฿5.2b17.8x21.5x0.5x
Thu, 09 May 2024฿95.2b฿215.7b฿4.9b18x19.4x0.4x
Sat, 06 Apr 2024฿92.6b฿215.8b฿4.9b17.3x18.9x0.4x
Mon, 04 Mar 2024฿91.0b฿215.8b฿4.9b16.2x18.6x0.4x
Wed, 31 Jan 2024฿108.6b฿224.7b฿6.4b13.8x16.9x0.5x
Fri, 29 Dec 2023฿111.9b฿224.7b฿6.4b15x17.4x0.5x
Sun, 26 Nov 2023฿96.0b฿224.7b฿6.4b13.1x14.9x0.4x
Tue, 24 Oct 2023฿102.3b฿241.7b฿6.5b11x15.7x0.4x
Thu, 21 Sep 2023฿111.1b฿241.1b฿6.4b13.1x17.3x0.5x
Sat, 19 Aug 2023฿112.3b฿241.1b฿6.4b13.9x17.5x0.5x
Mon, 17 Jul 2023฿99.4b฿240.5b฿5.8b14x17.1x0.4x
Wed, 14 Jun 2023฿106.6b฿240.5b฿5.8b15.4x18.4x0.4x
Fri, 12 May 2023฿100.6b฿241.2b฿6.1b15.4x16.5x0.4x
Sun, 09 Apr 2023฿110.9b฿241.1b฿6.1b15.6x18.3x0.5x
Tue, 07 Mar 2023฿121.2b฿240.1b฿4.9b15.6x24.5x0.5x
Price to Earnings Ratio

24.5x


Total Market Cap: ฿121.2bTotal Earnings: ฿4.9bTotal Revenue: ฿240.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.7x202420252026
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 41.9x which is higher 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 21% per year over the last three years,
  • Revenues have also declined 6.0% 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 Market3.27%
Tech17.83%
Electronic Equipment and Components18.15%
Electronic Manufacturing Services6.39%
Electronic Components18.92%
Electronic Equipment and Instruments14.81%
Technology Distributors-2.54%
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
CCET Cal-Comp Electronics (Thailand)฿5.6010.9%
+฿5.7b
-4.3%PE26.2x
FORTH Forth Corporation฿8.509.0%
+฿654.8m
6.9%PE13.1x
SMT Stars Microelectronics (Thailand)฿1.351.5%
+฿16.3m
12.5%PS0.5x
TEAM Team Precision฿2.540.8%
+฿12.7m
-8.6%PE8.3x

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