Header cover image

Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies6
  • 7D6.4%
  • 3M11.1%
  • 1Y0.8%
  • YTDn/a

Over the last 7 days, the Electronic Manufacturing Services industry has risen 6.4%, driven by gains from Cal-Comp Electronics (Thailand) of 11%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 34% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Mar 2026฿101.1b฿195.0b฿4.2b22.2x24.3x0.5x
Wed, 28 Jan 2026฿91.3b฿200.1b฿2.6b14x35.6x0.5x
Fri, 26 Dec 2025฿85.9b฿200.1b฿2.6b13.8x33.5x0.4x
Sun, 23 Nov 2025฿90.1b฿200.1b฿2.6b14.3x35.1x0.5x
Tue, 21 Oct 2025฿104.1b฿203.2b฿2.6b21.4x40.7x0.5x
Thu, 18 Sep 2025฿109.3b฿203.2b฿2.6b22x42.7x0.5x
Sat, 16 Aug 2025฿106.3b฿203.1b฿2.5b22.2x41.9x0.5x
Mon, 14 Jul 2025฿98.8b฿210.4b฿3.6b16.4x27.2x0.5x
Wed, 11 Jun 2025฿95.9b฿210.4b฿3.6b16.1x26.4x0.5x
Fri, 09 May 2025฿118.3b฿209.2b฿3.6b20.1x32.5x0.6x
Sun, 06 Apr 2025฿91.7b฿209.2b฿3.6b15.8x25.2x0.4x
Tue, 04 Mar 2025฿104.9b฿209.0b฿3.6b18.1x28.8x0.5x
Thu, 30 Jan 2025฿130.2b฿208.7b฿4.9b17.2x26.6x0.6x
Sat, 28 Dec 2024฿152.9b฿208.7b฿4.9b18.3x31.2x0.7x
Mon, 25 Nov 2024฿145.6b฿208.7b฿4.9b20.1x29.7x0.7x
Wed, 23 Oct 2024฿120.0b฿206.0b฿5.4b26x22.4x0.6x
Fri, 20 Sep 2024฿111.2b฿206.0b฿5.4b23.1x20.8x0.5x
Sun, 18 Aug 2024฿102.7b฿206.1b฿5.4b21.7x19.2x0.5x
Tue, 16 Jul 2024฿119.7b฿208.8b฿5.2b20.5x22.9x0.6x
Thu, 13 Jun 2024฿113.0b฿208.8b฿5.2b19x21.6x0.5x
Sat, 11 May 2024฿97.0b฿215.6b฿4.9b18x19.9x0.4x
Mon, 08 Apr 2024฿92.6b฿215.8b฿4.9b17.3x18.9x0.4x
Wed, 06 Mar 2024฿92.0b฿215.8b฿4.9b16.3x18.8x0.4x
Fri, 02 Feb 2024฿106.8b฿224.7b฿6.4b13.7x16.6x0.5x
Sun, 31 Dec 2023฿111.9b฿224.7b฿6.4b15x17.4x0.5x
Tue, 28 Nov 2023฿95.9b฿224.7b฿6.4b13.2x14.9x0.4x
Thu, 26 Oct 2023฿102.5b฿241.7b฿6.5b11.1x15.7x0.4x
Sat, 23 Sep 2023฿112.7b฿241.1b฿6.4b13.6x17.5x0.5x
Mon, 21 Aug 2023฿112.3b฿241.1b฿6.4b13.9x17.5x0.5x
Wed, 19 Jul 2023฿103.3b฿240.5b฿5.8b14.5x17.8x0.4x
Fri, 16 Jun 2023฿104.1b฿240.5b฿5.8b15x17.9x0.4x
Sun, 14 May 2023฿98.1b฿241.2b฿6.1b14.8x16.1x0.4x
Tue, 11 Apr 2023฿110.9b฿241.1b฿6.1b16x18.3x0.5x
Thu, 09 Mar 2023฿121.1b฿240.1b฿4.9b16.1x24.5x0.5x
Price to Earnings Ratio

24.5x


Total Market Cap: ฿121.1bTotal Earnings: ฿4.9bTotal Revenue: ฿240.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.8x202420252026
Current Industry PE
  • Investors are 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 41.3x which is higher than its 3-year average PE 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 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%PE28.6x
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

Latest News