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
Thu, 07 May 2026	฿50.1b	฿129.7b	฿522.8m	11.8x	95.9x	0.4x
Sat, 04 Apr 2026	฿47.7b	฿129.7b	฿522.8m	11.3x	91.2x	0.4x
Mon, 02 Mar 2026	฿54.1b	฿131.7b	฿3.1b	12x	17.5x	0.4x
Wed, 28 Jan 2026	฿50.9b	฿130.6b	฿3.9b	11.6x	12.9x	0.4x
Fri, 26 Dec 2025	฿49.3b	฿130.6b	฿3.9b	11.7x	12.5x	0.4x
Sun, 23 Nov 2025	฿49.2b	฿130.6b	฿3.9b	11.6x	12.5x	0.4x
Tue, 21 Oct 2025	฿52.3b	฿128.3b	฿4.3b	11.3x	12.3x	0.4x
Thu, 18 Sep 2025	฿61.0b	฿128.3b	฿4.3b	11.8x	14.3x	0.5x
Sat, 16 Aug 2025	฿55.8b	฿128.0b	฿3.8b	11.6x	14.7x	0.4x
Mon, 14 Jul 2025	฿52.0b	฿125.1b	฿4.0b	10.4x	13.1x	0.4x
Wed, 11 Jun 2025	฿53.3b	฿125.1b	฿4.0b	11.1x	13.4x	0.4x
Fri, 09 May 2025	฿57.4b	฿121.4b	฿4.0b	13.4x	14.2x	0.5x
Sun, 06 Apr 2025	฿53.6b	฿121.4b	฿4.0b	12.5x	13.3x	0.4x
Tue, 04 Mar 2025	฿57.3b	฿121.4b	฿4.0b	12.4x	14.3x	0.5x
Thu, 30 Jan 2025	฿67.3b	฿117.0b	฿3.1b	13.7x	21.4x	0.6x
Sat, 28 Dec 2024	฿71.7b	฿117.0b	฿3.1b	13.6x	22.8x	0.6x
Mon, 25 Nov 2024	฿77.5b	฿117.0b	฿3.1b	15.3x	24.7x	0.7x
Wed, 23 Oct 2024	฿76.9b	฿115.9b	฿2.4b	19.2x	32.7x	0.7x
Fri, 20 Sep 2024	฿80.8b	฿115.9b	฿2.4b	17.2x	34.4x	0.7x
Sun, 18 Aug 2024	฿63.5b	฿116.0b	฿2.4b	15.3x	27x	0.5x
Tue, 16 Jul 2024	฿70.3b	฿114.9b	฿1.5b	22.2x	46.2x	0.6x
Thu, 13 Jun 2024	฿68.8b	฿114.9b	฿1.5b	19.2x	46.6x	0.6x
Sat, 11 May 2024	฿70.9b	฿113.3b	฿1.5b	17.9x	48x	0.6x
Mon, 08 Apr 2024	฿73.4b	฿113.3b	฿1.5b	17.5x	49.7x	0.6x
Wed, 06 Mar 2024	฿70.2b	฿113.3b	฿1.5b	15.9x	47.5x	0.6x
Fri, 02 Feb 2024	฿73.1b	฿113.9b	฿1.6b	14.7x	45.9x	0.6x
Sun, 31 Dec 2023	฿76.8b	฿113.9b	฿1.6b	14.6x	48.2x	0.7x
Tue, 28 Nov 2023	฿75.6b	฿113.9b	฿1.6b	14.3x	47.5x	0.7x
Thu, 26 Oct 2023	฿73.4b	฿114.4b	฿1.8b	15.4x	40.9x	0.6x
Sat, 23 Sep 2023	฿92.9b	฿114.4b	฿1.8b	18.4x	51.8x	0.8x
Mon, 21 Aug 2023	฿85.4b	฿114.4b	฿1.8b	17.2x	47.6x	0.7x
Wed, 19 Jul 2023	฿80.6b	฿116.2b	฿2.9b	18.4x	28.1x	0.7x
Fri, 16 Jun 2023	฿88.1b	฿116.2b	฿2.9b	18.4x	30.7x	0.8x
Sun, 14 May 2023	฿83.9b	฿116.5b	฿3.5b	16.5x	24x	0.7x

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 94.8x which is higher than its 3-year average PE of 32.9x.

The industry is trading close to its 3-year average PS ratio of 0.56x.

Past Earnings Growth

The earnings for companies in the Technology Distributors industry have declined 47% per year over the last three years.
Meanwhile revenues for these companies have grown 3.7% 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	1.66%
Tech	3.49%
Electronic Equipment and Components	3.53%
Technology Distributors	2.02%
Electronic Equipment and Instruments	3.85%
Electronic Components	3.57%
Electronic Manufacturing Services	2.81%

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
SAMART Samart Corporation	฿5.60	7.7% +฿399.8m	-14.5%	PE11.7x
JMART Jaymart Group Holdings	฿7.35	3.5% +฿366.0m	-18.8%	PS0.7x
SIS SiS Distribution (Thailand)	฿23.90	3.9% +฿315.2m	8.6%	PE9.5x
PLANET Planet Communications Asia	฿0.95	35.7% +฿164.8m	-46.9%	PS1.2x
SECURE nForce Secure	฿11.60	0.9% +฿10.3m	7.4%	PE9.8x

Company

Last Price

Valuation

SAMART Samart Corporation

฿5.60

7.7%
+฿399.8m

-14.5%

PE11.7x

JMART Jaymart Group Holdings

฿7.35

3.5%
+฿366.0m

-18.8%

PS0.7x

SIS SiS Distribution (Thailand)

฿23.90

3.9%
+฿315.2m

8.6%

PE9.5x

PLANET Planet Communications Asia

฿0.95

35.7%
+฿164.8m

-46.9%

PS1.2x

SECURE nForce Secure

฿11.60

0.9%
+฿10.3m

7.4%

PE9.8x

New major risk - Revenue and earnings growth

Earnings have declined by 2.2% 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 2.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (฿443.6m market cap, or US$14.3m).

Thai (SET) Technology Distributors Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Upcoming dividend of ฿0.23 per share

Upcoming dividend of ฿0.31 per share

New major risk - Share price stability

Price target decreased by 8.2% to ฿11.73

Investor sentiment improves as stock rises 15%

Now 21% undervalued

Upcoming dividend of ฿0.14 per share

New major risk - Revenue and earnings growth

Dividend of ฿1.00 announced

Full year 2025 earnings released: EPS: ฿0.47 (vs ฿0.71 in FY 2024)

Full year 2025 earnings released: ฿0.11 loss per share (vs ฿0.78 profit in FY 2024)