Header cover image

Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedApr 23, 2026
DataAggregated Company Financials
Companies6
  • 7D10.7%
  • 3M21.6%
  • 1Y11.6%
  • YTDn/a

The Electronic Manufacturing Services industry is up 11% in the last week, with Cal-Comp Electronics (Thailand) up 17%. In the same time, Forth Corporation was down 6.1%. This means that the industry has gained 12% over the past year. 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, 23 Apr 2026฿114.0b฿195.5b฿4.4b22.5x26x0.6x
Sat, 21 Mar 2026฿96.1b฿195.5b฿4.4b22.4x21.9x0.5x
Mon, 16 Feb 2026฿93.7b฿199.5b฿2.4b17.1x38.3x0.5x
Wed, 14 Jan 2026฿84.0b฿200.1b฿2.6b13.7x32.8x0.4x
Fri, 12 Dec 2025฿86.3b฿200.1b฿2.6b14.3x33.7x0.4x
Sun, 09 Nov 2025฿103.3b฿203.1b฿2.7b22x38.4x0.5x
Tue, 07 Oct 2025฿107.6b฿203.2b฿2.6b22.3x42.1x0.5x
Thu, 04 Sep 2025฿104.5b฿203.2b฿2.6b21.4x40.9x0.5x
Sat, 02 Aug 2025฿114.0b฿210.4b฿3.6b18.9x31.3x0.5x
Mon, 30 Jun 2025฿94.4b฿210.4b฿3.6b15.7x26x0.4x
Wed, 28 May 2025฿99.0b฿210.4b฿3.6b16.9x27.2x0.5x
Fri, 25 Apr 2025฿102.7b฿209.2b฿3.6b17x28.2x0.5x
Sun, 23 Mar 2025฿104.5b฿209.2b฿3.6b18.1x28.7x0.5x
Tue, 18 Feb 2025฿123.4b฿208.8b฿5.0b16x24.7x0.6x
Thu, 16 Jan 2025฿134.5b฿208.7b฿4.9b16.7x27.5x0.6x
Sat, 14 Dec 2024฿152.1b฿208.7b฿4.9b18.7x31.1x0.7x
Mon, 11 Nov 2024฿141.3b฿206.0b฿5.4b28.8x26.4x0.7x
Wed, 09 Oct 2024฿110.2b฿206.0b฿5.4b23.4x20.6x0.5x
Fri, 06 Sep 2024฿109.3b฿206.0b฿5.4b22.4x20.4x0.5x
Sun, 04 Aug 2024฿107.0b฿208.8b฿5.2b18.4x20.5x0.5x
Tue, 02 Jul 2024฿117.7b฿208.8b฿5.2b19.9x22.5x0.6x
Thu, 30 May 2024฿110.0b฿208.8b฿5.2b17.5x21x0.5x
Sat, 27 Apr 2024฿93.2b฿215.8b฿4.9b17.7x19x0.4x
Mon, 25 Mar 2024฿93.5b฿215.8b฿4.9b17.1x19.1x0.4x
Wed, 21 Feb 2024฿104.7b฿222.8b฿6.2b15x17x0.5x
Fri, 19 Jan 2024฿110.9b฿224.7b฿6.4b14.1x17.3x0.5x
Sun, 17 Dec 2023฿106.5b฿224.7b฿6.4b14.3x16.6x0.5x
Tue, 14 Nov 2023฿94.6b฿241.4b฿6.5b10.6x14.6x0.4x
Thu, 12 Oct 2023฿112.9b฿241.1b฿6.4b14x17.6x0.5x
Sat, 09 Sep 2023฿115.0b฿241.1b฿6.4b13.6x17.9x0.5x
Mon, 07 Aug 2023฿104.2b฿240.6b฿5.8b14.4x17.9x0.4x
Wed, 05 Jul 2023฿99.1b฿240.5b฿5.8b14.3x17.1x0.4x
Fri, 02 Jun 2023฿102.0b฿240.5b฿5.8b15.4x17.6x0.4x
Sun, 30 Apr 2023฿100.0b฿241.1b฿6.1b15.2x16.5x0.4x
Price to Earnings Ratio

16.5x


Total Market Cap: ฿100.0bTotal Earnings: ฿6.1bTotal Revenue: ฿241.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.9x202420252026
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 24.9x.
  • 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 Market-1.80%
Tech-4.36%
Electronic Equipment and Components-4.42%
Electronic Manufacturing Services10.73%
Technology Distributors0.67%
Electronic Equipment and Instruments-1.49%
Electronic Components-4.87%
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)฿5.9011.3%
+฿6.3b
6.3%PE30.2x
HANA Hana Microelectronics฿29.508.3%
+฿2.0b
56.1%PE39x
TEAM Team Precision฿3.429.6%
+฿191.1m
27.6%PE11.2x
SMT Stars Microelectronics (Thailand)฿1.544.1%
+฿48.8m
33.9%PS0.6x

Latest News