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Thai (SET) Electronic Manufacturing Services Industry Analysis

UpdatedApr 26, 2026
DataAggregated Company Financials
Companies6
  • 7D6.8%
  • 3M23.3%
  • 1Y5.1%
  • YTDn/a

The Electronic Manufacturing Services industry is up 7.7% in the last week, with Cal-Comp Electronics (Thailand) up 9.4%. Meanwhile, Forth Corporation actually underperformed within the industry, shrinking 6.3% in the last week. This means that the industry has gained 11% 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
Sun, 26 Apr 2026฿113.3b฿195.5b฿4.4b22.5x25.8x0.6x
Tue, 24 Mar 2026฿94.1b฿195.5b฿4.4b22.4x21.5x0.5x
Thu, 19 Feb 2026฿94.8b฿199.5b฿2.4b17.4x38.7x0.5x
Sat, 17 Jan 2026฿89.9b฿200.1b฿2.6b14.1x35.1x0.4x
Mon, 15 Dec 2025฿86.7b฿200.1b฿2.6b14.5x33.8x0.4x
Wed, 12 Nov 2025฿99.9b฿203.1b฿2.7b21.4x37.1x0.5x
Fri, 10 Oct 2025฿109.6b฿203.2b฿2.6b22.8x42.9x0.5x
Sun, 07 Sep 2025฿105.4b฿203.2b฿2.6b21.4x41.2x0.5x
Tue, 05 Aug 2025฿113.9b฿210.4b฿3.6b18.8x31.3x0.5x
Thu, 03 Jul 2025฿96.0b฿210.4b฿3.6b15.6x26.4x0.5x
Sat, 31 May 2025฿99.5b฿210.4b฿3.6b16.9x27.3x0.5x
Mon, 28 Apr 2025฿107.8b฿209.2b฿3.6b17.9x29.7x0.5x
Wed, 26 Mar 2025฿104.0b฿209.2b฿3.6b18.1x28.6x0.5x
Fri, 21 Feb 2025฿120.4b฿208.8b฿5.0b15.7x24.1x0.6x
Sun, 19 Jan 2025฿128.0b฿208.7b฿4.9b16.4x26.1x0.6x
Tue, 17 Dec 2024฿152.0b฿61.9b฿2.8b15.3x54.1x2.5x
Thu, 14 Nov 2024฿131.6b฿205.8b฿5.2b20x25.3x0.6x
Sat, 12 Oct 2024฿117.1b฿206.0b฿5.4b25.3x21.8x0.6x
Mon, 09 Sep 2024฿105.0b฿206.0b฿5.4b21.4x19.6x0.5x
Wed, 07 Aug 2024฿96.9b฿208.8b฿5.2b17.1x18.5x0.5x
Fri, 05 Jul 2024฿117.8b฿208.8b฿5.2b20.4x22.5x0.6x
Sun, 02 Jun 2024฿110.3b฿208.8b฿5.2b17.7x21.1x0.5x
Tue, 30 Apr 2024฿92.8b฿215.8b฿4.9b17.5x19x0.4x
Thu, 28 Mar 2024฿94.3b฿215.8b฿4.9b17.2x19.3x0.4x
Sat, 24 Feb 2024฿100.5b฿222.7b฿6.1b14.6x16.5x0.5x
Mon, 22 Jan 2024฿110.8b฿224.7b฿6.4b14.2x17.3x0.5x
Wed, 20 Dec 2023฿109.8b฿224.7b฿6.4b14.7x17.1x0.5x
Fri, 17 Nov 2023฿92.7b฿225.0b฿6.5b11.8x14.2x0.4x
Sun, 15 Oct 2023฿111.5b฿241.1b฿6.4b13.5x17.4x0.5x
Tue, 12 Sep 2023฿116.0b฿241.1b฿6.4b13.5x18.1x0.5x
Thu, 10 Aug 2023฿105.7b฿240.6b฿5.8b14.5x18.2x0.4x
Sat, 08 Jul 2023฿95.9b฿240.5b฿5.8b13.8x16.5x0.4x
Mon, 05 Jun 2023฿103.0b฿240.5b฿5.8b15.4x17.7x0.4x
Wed, 03 May 2023฿100.0b฿241.1b฿6.1b14.5x16.5x0.4x
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-1.79%
Tech-3.26%
Electronic Equipment and Components-3.26%
Electronic Manufacturing Services6.77%
Technology Distributors-0.32%
Electronic Equipment and Instruments-0.75%
Electronic Components-3.58%
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)฿5.809.4%
+฿5.2b
-0.9%PE29.6x
HANA Hana Microelectronics฿30.258.0%
+฿2.0b
49.0%PE39.9x
TEAM Team Precision฿3.5614.8%
+฿293.0m
29.9%PE11.7x
SMT Stars Microelectronics (Thailand)฿1.557.6%
+฿89.5m
34.8%PS0.6x

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