Thai (SET) Technology Distributors Industry Analysis

Industry Valuation and Performance

Has the Thai Technology Distributors Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 23 Aug 2026	฿58.7b	฿131.1b	฿575.5m	12.1x	102.1x	0.4x
Tue, 21 Jul 2026	฿60.2b	฿128.9b	฿613.5m	13.7x	98.2x	0.5x
Thu, 18 Jun 2026	฿53.6b	฿128.9b	฿596.5m	12.9x	89.8x	0.4x
Sat, 16 May 2026	฿51.4b	฿129.0b	฿510.3m	12.1x	100.8x	0.4x
Mon, 13 Apr 2026	฿48.1b	฿129.7b	฿522.8m	11.7x	92x	0.4x
Wed, 11 Mar 2026	฿49.4b	฿129.7b	฿522.8m	11.6x	94.6x	0.4x
Fri, 06 Feb 2026	฿50.8b	฿130.6b	฿3.9b	11.7x	12.9x	0.4x
Sun, 04 Jan 2026	฿49.6b	฿130.6b	฿3.9b	11.7x	12.6x	0.4x
Tue, 02 Dec 2025	฿50.2b	฿130.6b	฿3.9b	11.5x	12.7x	0.4x
Thu, 30 Oct 2025	฿51.8b	฿128.3b	฿4.3b	11.3x	12.1x	0.4x
Sat, 27 Sep 2025	฿59.7b	฿128.3b	฿4.3b	11.3x	14x	0.5x
Mon, 25 Aug 2025	฿57.0b	฿128.3b	฿4.3b	11.3x	13.4x	0.4x
Wed, 23 Jul 2025	฿52.8b	฿125.1b	฿4.0b	11x	13.3x	0.4x
Fri, 20 Jun 2025	฿48.0b	฿125.1b	฿4.0b	10.7x	12.1x	0.4x
Sun, 18 May 2025	฿53.5b	฿125.0b	฿4.0b	11.3x	13.5x	0.4x
Tue, 15 Apr 2025	฿50.8b	฿121.4b	฿4.0b	12.4x	12.6x	0.4x
Thu, 13 Mar 2025	฿58.1b	฿121.4b	฿4.0b	13.8x	14.4x	0.5x
Sat, 08 Feb 2025	฿60.3b	฿117.0b	฿3.1b	13.1x	19.2x	0.5x
Mon, 06 Jan 2025	฿70.4b	฿117.0b	฿3.1b	14.2x	22.4x	0.6x
Wed, 04 Dec 2024	฿78.3b	฿117.0b	฿3.1b	16.4x	24.9x	0.7x
Fri, 01 Nov 2024	฿77.8b	฿115.9b	฿2.4b	19.1x	33.1x	0.7x
Sun, 29 Sep 2024	฿78.3b	฿115.9b	฿2.4b	20.7x	33.3x	0.7x
Tue, 27 Aug 2024	฿71.9b	฿115.9b	฿2.4b	17x	30.6x	0.6x
Thu, 25 Jul 2024	฿62.5b	฿114.9b	฿1.5b	20x	41.1x	0.5x
Sat, 22 Jun 2024	฿66.8b	฿114.9b	฿1.5b	18.6x	43.9x	0.6x
Mon, 20 May 2024	฿72.6b	฿116.0b	฿1.6b	17.5x	45.8x	0.6x
Wed, 17 Apr 2024	฿75.9b	฿113.3b	฿1.5b	18.3x	51.3x	0.7x
Fri, 15 Mar 2024	฿73.6b	฿113.3b	฿1.5b	16.4x	49.8x	0.6x
Sun, 11 Feb 2024	฿75.5b	฿113.9b	฿1.6b	15.4x	47.4x	0.7x
Tue, 09 Jan 2024	฿80.1b	฿113.9b	฿1.6b	14.6x	50.3x	0.7x
Thu, 07 Dec 2023	฿77.0b	฿113.9b	฿1.6b	14.4x	48.3x	0.7x
Sat, 04 Nov 2023	฿76.0b	฿114.4b	฿1.8b	15.1x	42.4x	0.7x
Mon, 02 Oct 2023	฿87.7b	฿114.4b	฿1.8b	16.8x	48.9x	0.8x
Wed, 30 Aug 2023	฿93.6b	฿114.4b	฿1.8b	19.1x	52.1x	0.8x

Current Industry PE

Investors are optimistic on the Thai Technology Distributors industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 102x which is higher than its 3-year average PE of 39.1x.

The industry is trading close to its 3-year average PS ratio of 0.53x.

Past Earnings Growth

The earnings for companies in the Technology Distributors industry have declined 32% per year over the last three years.
Meanwhile revenues for these companies have grown 4.7% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Thai Technology Distributors compare with similar industries?


TH Market	0.31%
Tech	-3.55%
Electronic Equipment and Components	-3.67%
Technology Distributors	3.40%
Electronic Equipment and Instruments	13.46%
Electronic Manufacturing Services	6.04%
Electronic Components	-4.22%

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?

Company	Last Price	7D	1Y	Valuation
JMART Jaymart Group Holdings	฿11.50	6.5% +฿1.0b	37.7%	PS1.1x
DITTO Ditto (Thailand)	฿14.90	4.9% +฿485.7m	9.6%	PE16.3x
SAMART Samart Corporation	฿5.95	8.2% +฿435.5m	-5.6%	PE10.9x
SIS SiS Distribution (Thailand)	฿23.70	3.0% +฿245.1m	15.0%	PE8.2x
PLANET Planet Communications Asia	฿0.63	12.5% +฿46.2m	-64.6%	PS0.8x

Company

Last Price

Valuation

JMART Jaymart Group Holdings

฿11.50

6.5%
+฿1.0b

37.7%

PS1.1x

DITTO Ditto (Thailand)

฿14.90

4.9%
+฿485.7m

9.6%

PE16.3x

SAMART Samart Corporation

฿5.95

8.2%
+฿435.5m

-5.6%

PE10.9x

SIS SiS Distribution (Thailand)

฿23.70

3.0%
+฿245.1m

15.0%

PE8.2x

PLANET Planet Communications Asia

฿0.63

12.5%
+฿46.2m

-64.6%

PS0.8x

New major risk - Revenue and earnings growth

Earnings have declined by 1.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (141% cash payout ratio). Market cap is less than US$100m (฿2.11b market cap, or US$63.7m).

Thai (SET) Technology Distributors Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Interlink Communication Public Company Limited to Report Q2, 2026 Results on Aug 19, 2026

Now 21% undervalued

Second quarter 2026 earnings released: EPS: ฿0.27 (vs ฿0.24 in 2Q 2025)

Second quarter 2026 earnings released: ฿0.09 loss per share (vs ฿0.041 loss in 2Q 2025)

Investor sentiment improves as stock rises 18%

Second quarter 2026 earnings released: EPS: ฿0.13 (vs ฿0.31 in 2Q 2025)

New minor risk - Profit margin trend

Second quarter 2026 earnings released: EPS: ฿0 (vs ฿0 in 2Q 2025)

Second quarter 2026 earnings released: EPS: ฿0.14 (vs ฿0.076 in 2Q 2025)

New major risk - Revenue and earnings growth

Price target increased by 11% to ฿25.50

First half dividend of ฿0.10 announced