How does KCE-F's PE Ratio compare to its peers?

KCE-F is good value based on its Price-To-Earnings Ratio (13.9x) compared to the peer average (15.3x).

How does KCE-F's PE Ratio compare vs other companies in the Asian Electronic Industry?

KCE-F is good value based on its Price-To-Earnings Ratio (13.9x) compared to the Asian Electronic industry average (25.3x).

What is KCE-F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate KCE-F's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of KCE-F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

KCE-F (THB26.5) is trading above our estimate of [[fair value]] (THB14.75)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

KCE-F Stock Overview

Manufactures and distributes electric printed circuit boards (PCBs) under the KCE trademark worldwide. More details

KCE-F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	3/6
Financial Health	6/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (13.9x) is below the TH market (14.1x)

Earnings are forecast to grow 10.73% per year

Earnings have grown 13.2% per year over the past 5 years

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

KCE Electronics Public Company Limited Competitors

Muramoto Electron (Thailand)

SET:METCO

฿3.6b

Hana Microelectronics

SET:HANA

฿20.5b

Jaymart Group Holdings

SET:JMART

฿19.6b

SVI

SET:SVI

฿16.1b

Price History & Performance

Summary of share price highs, lows and changes for KCE Electronics
Historical stock prices
Current Share Price	฿26.50
52 Week High	฿46.00
52 Week Low	฿26.50
Beta	1.47
1 Month Change	-5.36%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-70.39%
5 Year Change	n/a
Change since IPO	1,045.66%

Recent updates

Shareholder Returns

	KCE-F	TH Electronic	TH Market
7D	0%	0.6%	-3.1%
1Y	n/a	53.3%	-0.7%

Return vs Industry: Insufficient data to determine how KCE-F performed against the TH Electronic industry.

Return vs Market: Insufficient data to determine how KCE-F performed against the TH Market.

Price Volatility

Is KCE-F's price volatile compared to industry and market?
KCE-F volatility
KCE-F Average Weekly Movement	n/a
Electronic Industry Average Movement	6.5%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	9.1%
10% least volatile stocks in TH Market	2.2%

Stable Share Price: KCE-F's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: Insufficient data to determine KCE-F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1982	n/a	Pitharn Ongkosit	www.kce.co.th

KCE Electronics Public Company Limited, together with its subsidiaries, manufactures and distributes electric printed circuit boards (PCBs) under the KCE trademark worldwide. The company operates through three segments: Manufacturing and Distributing of Prepreg and Laminate, Manufacturing and Distributing of Printed Circuit Board, and Manufacturing and Distributing of Chemical. The company’s PCBs are manufactured from copper clad laminate that are used in various applications, including automotive, industrial, computer, and telecom systems.

KCE Electronics Public Company Limited Fundamentals Summary

How do KCE Electronics's earnings and revenue compare to its market cap?
KCE-F fundamental statistics
Market cap	฿25.65b
Earnings (TTM)	฿1.85b
Revenue (TTM)	฿15.69b

13.9x

P/E Ratio

1.6x

P/S Ratio

Is KCE-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KCE-F income statement (TTM)
Revenue	฿15.69b
Cost of Revenue	฿12.13b
Gross Profit	฿3.55b
Other Expenses	฿1.71b
Earnings	฿1.85b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.56
Gross Margin	22.66%
Net Profit Margin	11.76%
Debt/Equity Ratio	6.7%

How did KCE-F perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

83%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 13:10
End of Day Share Price	2024/11/21 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

KCE Electronics Public Company Limited is covered by 28 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Anakepong Putthapibal	Asia Plus Securities Company Limited
Prasit Sujiravorakul	Bualuang Securities PCL
Napon Jaisan	Bualuang Securities PCL