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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedApr 09, 2026
DataAggregated Company Financials
Companies6
  • 7D-0.4%
  • 3M21.0%
  • 1Y15.9%
  • YTDn/a

Over the last 7 days, the Electronic Manufacturing Services industry has dropped 1.8%, driven by a pullback from Cal-Comp Electronics (Thailand) of 1.0%. In contrast, Forth Corporation has gained 5.6%. In the past year, the industry has gained 14%. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Apr 2026฿101.8b฿195.5b฿4.4b22.4x23.2x0.5x
Sat, 07 Mar 2026฿93.0b฿195.5b฿4.4b22.2x21.2x0.5x
Mon, 02 Feb 2026฿89.2b฿200.1b฿2.6b14x34.8x0.4x
Wed, 31 Dec 2025฿85.1b฿200.1b฿2.6b13.9x33.2x0.4x
Fri, 28 Nov 2025฿86.6b฿200.1b฿2.6b14.5x33.8x0.4x
Sun, 26 Oct 2025฿107.1b฿203.2b฿2.6b22.3x41.9x0.5x
Tue, 23 Sep 2025฿106.0b฿203.2b฿2.6b21.6x41.5x0.5x
Thu, 21 Aug 2025฿102.9b฿203.2b฿2.6b21.7x40.2x0.5x
Sat, 19 Jul 2025฿111.4b฿210.4b฿3.6b18.5x30.6x0.5x
Mon, 16 Jun 2025฿91.3b฿210.4b฿3.6b15.4x25.1x0.4x
Wed, 14 May 2025฿118.9b฿208.4b฿3.5b20.4x34.2x0.6x
Fri, 11 Apr 2025฿94.1b฿209.2b฿3.6b16.3x25.9x0.4x
Sun, 09 Mar 2025฿112.0b฿209.2b฿3.6b19.5x30.8x0.5x
Tue, 04 Feb 2025฿126.0b฿208.7b฿4.9b16.3x25.7x0.6x
Thu, 02 Jan 2025฿156.2b฿208.7b฿4.9b17.9x31.9x0.7x
Sat, 30 Nov 2024฿139.7b฿208.7b฿4.9b19.8x28.5x0.7x
Mon, 28 Oct 2024฿120.0b฿206.0b฿5.4b26x22.4x0.6x
Wed, 25 Sep 2024฿111.8b฿206.0b฿5.4b23.3x20.9x0.5x
Fri, 23 Aug 2024฿104.1b฿206.0b฿5.4b21.9x19.4x0.5x
Sun, 21 Jul 2024฿113.7b฿208.8b฿5.2b19.6x21.7x0.5x
Tue, 18 Jun 2024฿115.2b฿208.8b฿5.2b18.8x22x0.6x
Thu, 16 May 2024฿104.7b฿209.3b฿5.4b16.9x19.5x0.5x
Sat, 13 Apr 2024฿96.0b฿215.8b฿4.9b17.7x19.6x0.4x
Mon, 11 Mar 2024฿96.5b฿215.8b฿4.9b17.1x19.7x0.4x
Wed, 07 Feb 2024฿112.8b฿224.7b฿6.4b14.5x17.6x0.5x
Fri, 05 Jan 2024฿111.9b฿224.7b฿6.4b14.9x17.4x0.5x
Sun, 03 Dec 2023฿97.4b฿224.7b฿6.4b13.1x15.2x0.4x
Tue, 31 Oct 2023฿100.4b฿241.7b฿6.5b11.1x15.4x0.4x
Thu, 28 Sep 2023฿110.2b฿241.1b฿6.4b13.3x17.1x0.5x
Sat, 26 Aug 2023฿120.5b฿241.1b฿6.4b15.4x18.8x0.5x
Mon, 24 Jul 2023฿98.7b฿240.5b฿5.8b14.2x17x0.4x
Wed, 21 Jun 2023฿103.7b฿240.5b฿5.8b14.6x17.9x0.4x
Fri, 19 May 2023฿95.6b฿240.7b฿5.9b14.5x16.3x0.4x
Sun, 16 Apr 2023฿112.8b฿241.1b฿6.1b15.8x18.6x0.5x
Price to Earnings Ratio

18.6x


Total Market Cap: ฿112.8bTotal Earnings: ฿6.1bTotal Revenue: ฿241.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.8x202420252026
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 24.8x.
  • 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 Market0.93%
Tech3.77%
Electronic Equipment and Components3.81%
Electronic Manufacturing Services-0.44%
Electronic Components3.99%
Technology Distributors0.23%
Electronic Equipment and Instruments0%0
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
FORTH Forth Corporation฿7.555.6%
+฿374.1m
14.4%PE8.6x
SMT Stars Microelectronics (Thailand)฿1.322.3%
+฿24.4m
45.1%PS0.5x

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