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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedMay 21, 2026
DataAggregated Company Financials
Companies6
  • 7D3.3%
  • 3M30.5%
  • 1Y22.8%
  • YTDn/a

Over the last 7 days, the Electronic Manufacturing Services industry has dropped 2.6%, driven by SVI declining 7.7%. Meanwhile, Cal-Comp Electronics (Thailand) actually outperformed within the industry, gaining 8.4% in the last week. Over the past 12 months, the industry was up 12%. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026฿127.7b฿191.5b฿4.5b15.7x28.6x0.7x
Sat, 18 Apr 2026฿106.1b฿195.5b฿4.4b22.5x24.2x0.5x
Mon, 16 Mar 2026฿96.1b฿195.5b฿4.4b22.2x21.9x0.5x
Wed, 11 Feb 2026฿94.9b฿200.1b฿2.6b15.6x37x0.5x
Fri, 09 Jan 2026฿84.2b฿200.1b฿2.6b14x32.8x0.4x
Sun, 07 Dec 2025฿88.3b฿200.1b฿2.6b14.5x34.5x0.4x
Tue, 04 Nov 2025฿108.0b฿203.2b฿2.6b23.9x42.3x0.5x
Thu, 02 Oct 2025฿98.4b฿203.2b฿2.6b20.4x38.5x0.5x
Sat, 30 Aug 2025฿103.8b฿203.2b฿2.6b21.4x40.6x0.5x
Mon, 28 Jul 2025฿109.4b฿210.4b฿3.6b18.2x30.1x0.5x
Wed, 25 Jun 2025฿95.3b฿210.4b฿3.6b16.1x26.2x0.5x
Fri, 23 May 2025฿102.2b฿210.4b฿3.6b17.4x28.1x0.5x
Sun, 20 Apr 2025฿102.5b฿209.2b฿3.6b17.4x28.2x0.5x
Tue, 18 Mar 2025฿104.9b฿209.2b฿3.6b18.2x28.8x0.5x
Thu, 13 Feb 2025฿129.4b฿208.8b฿5.0b15.8x25.9x0.6x
Sat, 11 Jan 2025฿148.6b฿208.7b฿4.9b17.3x30.3x0.7x
Mon, 09 Dec 2024฿141.6b฿208.7b฿4.9b19.6x28.9x0.7x
Wed, 06 Nov 2024฿126.3b฿206.0b฿5.4b27.7x23.6x0.6x
Fri, 04 Oct 2024฿109.4b฿206.0b฿5.4b23.2x20.4x0.5x
Sun, 01 Sep 2024฿107.0b฿206.0b฿5.4b22.6x20x0.5x
Tue, 30 Jul 2024฿109.7b฿208.8b฿5.2b18.9x21x0.5x
Thu, 27 Jun 2024฿120.9b฿208.8b฿5.2b20.2x23.1x0.6x
Sat, 25 May 2024฿111.0b฿208.8b฿5.2b17.4x21.2x0.5x
Mon, 22 Apr 2024฿88.5b฿215.8b฿4.9b16.7x18.1x0.4x
Wed, 20 Mar 2024฿92.8b฿215.8b฿4.9b16.5x19x0.4x
Fri, 16 Feb 2024฿111.5b฿222.8b฿6.2b15.6x18.1x0.5x
Sun, 14 Jan 2024฿112.5b฿224.7b฿6.4b14.6x17.5x0.5x
Tue, 12 Dec 2023฿104.3b฿224.7b฿6.4b14x16.2x0.5x
Thu, 09 Nov 2023฿99.7b฿241.5b฿6.5b11.3x15.4x0.4x
Sat, 07 Oct 2023฿108.7b฿241.1b฿6.4b13.5x16.9x0.5x
Mon, 04 Sep 2023฿118.1b฿241.1b฿6.4b14.5x18.4x0.5x
Wed, 02 Aug 2023฿105.7b฿240.5b฿5.8b14.6x18.2x0.4x
Fri, 30 Jun 2023฿98.0b฿240.5b฿5.8b14x16.9x0.4x
Sun, 28 May 2023฿101.4b฿240.5b฿5.8b15.8x17.5x0.4x
Price to Earnings Ratio

17.5x


Total Market Cap: ฿101.4bTotal Earnings: ฿5.8bTotal Revenue: ฿240.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 25.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the Thai Electronic Manufacturing Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 25.2x.
  • 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 7.7% per year over the last three years,
  • Revenues have also declined 6.5% 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 Market0.74%
Tech-2.15%
Electronic Equipment and Components-2.15%
Electronic Manufacturing Services3.30%
Electronic Equipment and Instruments6.85%
Technology Distributors2.08%
Electronic Components-2.37%
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)฿6.756.3%
+฿4.2b
16.4%PE36.4x
FORTH Forth Corporation฿13.603.0%
+฿374.1m
51.1%PE15.4x

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