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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies6
  • 7D2.9%
  • 3M-16.3%
  • 1Y-40.2%
  • YTDn/a

In the last week, the Electronic Manufacturing Services industry is up 2.9%, with Cal-Comp Electronics (Thailand) up 4.8%. Meanwhile, Forth Corporation actually underperformed within the industry, shrinking 8.4% in the last week. In the past year, the industry is down 40%. 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
Thu, 25 Dec 2025฿88.6b฿200.1b฿2.6b14.1x34.6x0.4x
Sat, 22 Nov 2025฿90.1b฿200.1b฿2.6b14.3x35.1x0.5x
Mon, 20 Oct 2025฿104.1b฿203.2b฿2.6b21.8x40.7x0.5x
Wed, 17 Sep 2025฿110.0b฿203.2b฿2.6b22.3x43x0.5x
Fri, 15 Aug 2025฿106.2b฿205.6b฿2.9b22.1x36.9x0.5x
Sun, 13 Jul 2025฿98.8b฿210.4b฿3.6b16.4x27.2x0.5x
Tue, 10 Jun 2025฿93.9b฿210.4b฿3.6b15.7x25.8x0.4x
Thu, 08 May 2025฿113.1b฿209.2b฿3.6b19.1x31.1x0.5x
Sat, 05 Apr 2025฿91.7b฿209.2b฿3.6b15.8x25.2x0.4x
Mon, 03 Mar 2025฿100.3b฿209.0b฿3.6b17.1x27.5x0.5x
Wed, 29 Jan 2025฿133.1b฿208.7b฿4.9b17.3x27.2x0.6x
Fri, 27 Dec 2024฿151.6b฿208.7b฿4.9b18.5x31x0.7x
Sun, 24 Nov 2024฿145.6b฿208.6b฿4.9b20.1x29.7x0.7x
Tue, 22 Oct 2024฿124.8b฿206.0b฿5.4b27.2x23.3x0.6x
Thu, 19 Sep 2024฿109.4b฿206.0b฿5.4b22.5x20.4x0.5x
Sat, 17 Aug 2024฿102.7b฿206.1b฿5.4b21.7x19.2x0.5x
Mon, 15 Jul 2024฿120.0b฿208.8b฿5.2b20.5x23x0.6x
Wed, 12 Jun 2024฿111.4b฿208.8b฿5.2b18.3x21.3x0.5x
Fri, 10 May 2024฿94.9b฿215.7b฿4.9b17.8x19.3x0.4x
Sun, 07 Apr 2024฿92.6b฿215.8b฿4.9b17.3x18.9x0.4x
Tue, 05 Mar 2024฿92.1b฿215.8b฿4.9b16.4x18.8x0.4x
Thu, 01 Feb 2024฿106.6b฿224.7b฿6.4b13.8x16.6x0.5x
Sat, 30 Dec 2023฿111.9b฿224.7b฿6.4b15x17.4x0.5x
Mon, 27 Nov 2023฿96.0b฿224.7b฿6.4b13.1x14.9x0.4x
Wed, 25 Oct 2023฿101.4b฿241.7b฿6.5b10.8x15.6x0.4x
Fri, 22 Sep 2023฿111.4b฿241.1b฿6.4b13.8x17.3x0.5x
Sun, 20 Aug 2023฿112.3b฿241.1b฿6.4b13.9x17.5x0.5x
Tue, 18 Jul 2023฿100.6b฿240.5b฿5.8b14.1x17.3x0.4x
Thu, 15 Jun 2023฿104.9b฿240.5b฿5.8b15.1x18.1x0.4x
Sat, 13 May 2023฿98.1b฿241.2b฿6.1b14.8x16.1x0.4x
Mon, 10 Apr 2023฿110.9b฿241.1b฿6.1b15.6x18.3x0.5x
Wed, 08 Mar 2023฿121.2b฿240.1b฿4.9b16x24.5x0.5x
Fri, 03 Feb 2023฿140.3b฿229.6b฿4.5b30.9x31x0.6x
Sun, 01 Jan 2023฿114.1b฿229.6b฿4.5b26.9x25.2x0.5x
Price to Earnings Ratio

25.2x


Total Market Cap: ฿114.1bTotal Earnings: ฿4.5bTotal Revenue: ฿229.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.3x202320242025
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 34.6x which is higher than its 3-year average PE of 24.3x.
  • 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 Market0.83%
Tech-0.38%
Electronic Equipment and Components-0.39%
Electronic Manufacturing Services2.89%
Technology Distributors0.77%
Electronic Components-0.54%
Electronic Equipment and Instruments-1.55%
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)฿4.764.8%
+฿2.3b
-47.7%PE22.3x
HANA Hana Microelectronics฿16.805.0%
+฿708.3m
-35.4%PS0.7x
TEAM Team Precision฿2.260.9%
+฿12.7m
-16.3%PE7.4x

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