Header cover image

Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedNov 25, 2025
DataAggregated Company Financials
Companies6
  • 7D-3.3%
  • 3M-16.1%
  • 1Y-37.6%
  • YTDn/a

Over the last 7 days, the Electronic Manufacturing Services industry has dropped 3.3%, driven by a pullback from Cal-Comp Electronics (Thailand) of 6.9%. Overall the industry is down 38% in 12 months. Earnings are forecast to grow by 39% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 01 Dec 2025฿89.2b฿200.1b฿2.6b14.2x34.8x0.4x
Wed, 29 Oct 2025฿107.4b฿203.2b฿2.6b22.6x42x0.5x
Fri, 26 Sep 2025฿107.5b฿203.2b฿2.6b21.6x42x0.5x
Sun, 24 Aug 2025฿108.7b฿203.2b฿2.6b22.5x42.5x0.5x
Tue, 22 Jul 2025฿110.0b฿210.4b฿3.6b18.2x30.2x0.5x
Thu, 19 Jun 2025฿91.8b฿210.4b฿3.6b15.5x25.2x0.4x
Sat, 17 May 2025฿110.0b฿210.5b฿3.6b18.4x30.2x0.5x
Mon, 14 Apr 2025฿92.2b฿209.2b฿3.6b16x25.4x0.4x
Wed, 12 Mar 2025฿108.7b฿209.2b฿3.6b18.8x29.9x0.5x
Fri, 07 Feb 2025฿120.7b฿208.7b฿4.9b15.2x24.6x0.6x
Sun, 05 Jan 2025฿153.9b฿208.7b฿4.9b17.7x31.4x0.7x
Tue, 03 Dec 2024฿142.7b฿208.7b฿4.9b20x29.1x0.7x
Thu, 31 Oct 2024฿121.3b฿206.0b฿5.4b26.3x22.6x0.6x
Sat, 28 Sep 2024฿109.3b฿206.0b฿5.4b22.8x20.4x0.5x
Mon, 26 Aug 2024฿103.0b฿206.0b฿5.4b21.4x19.2x0.5x
Wed, 24 Jul 2024฿112.1b฿208.8b฿5.2b19.1x21.4x0.5x
Fri, 21 Jun 2024฿120.5b฿208.8b฿5.2b20.2x23x0.6x
Sun, 19 May 2024฿108.5b฿208.8b฿5.2b17.6x20.8x0.5x
Tue, 16 Apr 2024฿96.0b฿215.8b฿4.9b17.7x19.6x0.4x
Thu, 14 Mar 2024฿94.0b฿215.8b฿4.9b16.8x19.2x0.4x
Sat, 10 Feb 2024฿114.7b฿222.8b฿6.2b16.2x18.6x0.5x
Mon, 08 Jan 2024฿109.2b฿224.7b฿6.4b14.6x17x0.5x
Wed, 06 Dec 2023฿100.6b฿224.7b฿6.4b13.7x15.7x0.4x
Fri, 03 Nov 2023฿101.2b฿241.7b฿6.5b11x15.5x0.4x
Sun, 01 Oct 2023฿109.4b฿241.1b฿6.4b13.5x17x0.5x
Tue, 29 Aug 2023฿118.8b฿241.1b฿6.4b14.9x18.5x0.5x
Thu, 27 Jul 2023฿96.7b฿240.5b฿5.8b13.9x16.7x0.4x
Sat, 24 Jun 2023฿97.6b฿240.5b฿5.8b14.3x16.8x0.4x
Mon, 22 May 2023฿96.8b฿240.7b฿5.9b14.3x16.5x0.4x
Wed, 19 Apr 2023฿114.9b฿241.1b฿6.1b16.5x18.9x0.5x
Fri, 17 Mar 2023฿111.4b฿241.2b฿6.1b14.9x18.4x0.5x
Sun, 12 Feb 2023฿131.7b฿229.6b฿4.5b29x29.1x0.6x
Tue, 10 Jan 2023฿121.8b฿229.6b฿4.5b27.3x26.9x0.5x
Thu, 08 Dec 2022฿120.9b฿229.6b฿4.5b28.5x26.7x0.5x
Price to Earnings Ratio

26.7x


Total Market Cap: ฿120.9bTotal Earnings: ฿4.5bTotal Revenue: ฿229.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Electronic Manufacturing Services Industry Price to Earnings3Y Average 24.1x202320242025
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 34.8x which is higher than its 3-year average PE of 24.1x.
  • 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 Market0.18%
Tech-0.10%
Electronic Equipment and Components-0.11%
Electronic Manufacturing Services-3.29%
Technology Distributors0.76%
Electronic Components-0.017%
Electronic Equipment and Instruments-2.04%
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฿6.804.6%
+฿280.6m
-39.8%PE10.5x
SVI SVI฿7.251.4%
+฿215.3m
3.6%PE18.8x
HANA Hana Microelectronics฿16.400.6%
+฿88.5m
-39.8%PS0.7x
SMT Stars Microelectronics (Thailand)฿1.121.8%
+฿16.3m
-34.1%PS0.4x

Latest News