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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedFeb 25, 2026
DataAggregated Company Financials
Companies6
  • 7D2.2%
  • 3M10.9%
  • 1Y-16.3%
  • YTDn/a

In the last week, the Electronic Manufacturing Services industry is up 2.7%, with Hana Microelectronics leading the way, up 7.4%. In contrast, the industry has lost 18% in the last 12 months. As for the next few years, earnings are expected to grow by 38% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Feb 2026฿96.6b฿199.5b฿2.4b17.3x39.5x0.5x
Fri, 23 Jan 2026฿93.8b฿200.1b฿2.6b14.2x36.6x0.5x
Sun, 21 Dec 2025฿85.4b฿200.1b฿2.6b14.4x33.3x0.4x
Tue, 18 Nov 2025฿95.2b฿197.6b฿2.2b21.6x43.8x0.5x
Thu, 16 Oct 2025฿104.9b฿203.2b฿2.6b22x41x0.5x
Sat, 13 Sep 2025฿109.6b฿203.2b฿2.6b22.2x42.9x0.5x
Mon, 11 Aug 2025฿111.1b฿208.8b฿3.2b21.8x35.1x0.5x
Wed, 09 Jul 2025฿102.5b฿210.4b฿3.6b16.9x28.2x0.5x
Fri, 06 Jun 2025฿93.7b฿210.4b฿3.6b15.8x25.8x0.4x
Sun, 04 May 2025฿107.5b฿209.2b฿3.6b18x29.6x0.5x
Tue, 01 Apr 2025฿99.7b฿209.2b฿3.6b17.4x27.4x0.5x
Thu, 27 Feb 2025฿117.3b฿208.9b฿5.0b15.5x23.5x0.6x
Sat, 25 Jan 2025฿141.1b฿208.7b฿4.9b17.8x28.8x0.7x
Mon, 23 Dec 2024฿150.4b฿208.7b฿4.9b17.4x30.7x0.7x
Wed, 20 Nov 2024฿146.4b฿208.7b฿5.0b21.6x29.3x0.7x
Fri, 18 Oct 2024฿120.9b฿206.0b฿5.4b26.1x22.6x0.6x
Sun, 15 Sep 2024฿107.3b฿206.0b฿5.4b21.9x20x0.5x
Tue, 13 Aug 2024฿99.0b฿208.6b฿5.3b20.4x18.5x0.5x
Thu, 11 Jul 2024฿121.5b฿208.8b฿5.2b20.6x23.2x0.6x
Sat, 08 Jun 2024฿112.4b฿208.8b฿5.2b17.8x21.5x0.5x
Mon, 06 May 2024฿94.5b฿215.8b฿4.9b17.8x19.3x0.4x
Wed, 03 Apr 2024฿96.4b฿215.8b฿4.9b17.6x19.7x0.4x
Fri, 01 Mar 2024฿91.8b฿215.8b฿4.9b16.5x18.8x0.4x
Sun, 28 Jan 2024฿108.4b฿224.7b฿6.4b13.6x16.9x0.5x
Tue, 26 Dec 2023฿113.5b฿224.7b฿6.4b15.1x17.7x0.5x
Thu, 23 Nov 2023฿91.6b฿224.7b฿6.4b11.7x14.3x0.4x
Sat, 21 Oct 2023฿102.3b฿241.7b฿6.5b11x15.7x0.4x
Mon, 18 Sep 2023฿114.8b฿241.1b฿6.4b13.5x17.9x0.5x
Wed, 16 Aug 2023฿106.4b฿240.6b฿5.8b15.4x18.3x0.4x
Fri, 14 Jul 2023฿95.8b฿240.5b฿5.8b13.7x16.5x0.4x
Sun, 11 Jun 2023฿102.8b฿240.5b฿5.8b15x17.7x0.4x
Tue, 09 May 2023฿102.5b฿241.1b฿6.1b15.3x16.9x0.4x
Thu, 06 Apr 2023฿113.3b฿241.1b฿6.1b15.6x18.7x0.5x
Sat, 04 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 39.1x 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 Market2.13%
Tech9.53%
Electronic Equipment and Components9.67%
Electronic Manufacturing Services2.25%
Electronic Components10.09%
Electronic Equipment and Instruments1.49%
Technology Distributors1.06%
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)฿5.6510.8%
+฿5.7b
-19.3%PE26.4x
HANA Hana Microelectronics฿18.808.0%
+฿1.2b
-11.7%PS0.8x
SMT Stars Microelectronics (Thailand)฿1.376.2%
+฿65.1m
12.3%PS0.5x
TEAM Team Precision฿2.542.4%
+฿38.2m
-7.3%PE8.3x

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