Valuation KCE Electronics Thailand S.E.

Stocks

End-of-day quote Thailand S.E. 2026-09-01			5-day change	1st Jan Change
57.50 ^THB	+37.72%		0.00%	+134.69%

Sep. 23	Phillip Securities Downgrades KCE Electronics to Neutral from Buy; Price Target is THB66	MT
Sep. 04	Kasikorn Securities Downgrades KCE Electronics to Neutral from Outperform, Price Target is THB60	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	103,980	54,961	65,015	28,961	21,514	79,200	-	-
Change	-	-47.14%	18.29%	-55.45%	-25.71%	268.13%	-	-
Enterprise Value (EV) ¹	105,683	57,642	65,475	28,511	20,981	78,878	78,633	79,011
Change	-	-45.46%	13.59%	-56.45%	-26.41%	275.95%	-0.31%	0.48%
P/E	42.9x	23.7x	37.9x	17.6x	26x	56.1x	38.6x	36.2x
PBR	7.75x	4.1x	4.75x	2.11x	1.64x	5.97x	5.71x	5.4x
PEG	-	-5.4x	-1.5x	-4.25x	-0.5x	0.8x	0.9x	5.41x
Capitalization / Revenue	6.96x	2.98x	3.98x	1.95x	1.65x	5.35x	4.66x	4.41x
EV / Revenue	7.07x	3.12x	4.01x	1.92x	1.6x	5.33x	4.62x	4.39x
EV / EBITDA	28.3x	17.3x	24x	11.3x	11.5x	29x	22.5x	21.9x
EV / EBIT	39x	26x	40.2x	19.6x	28.9x	51.4x	35x	33.4x
EV / FCF	10,304x	56.8x	17.4x	11.4x	13.2x	48x	45.7x	30x
FCF Yield	0.01%	1.76%	5.76%	8.8%	7.56%	2.08%	2.19%	3.33%
Dividend per Share ²	1	1.6	1.2	1.3	1.2	1.19	1.375	1.371
Rate of return	1.14%	3.44%	2.18%	5.31%	6.59%	1.78%	2.05%	2.05%
EPS ²	2.05	1.96	1.45	1.39	0.7	1.195	1.734	1.85
Distribution rate	48.8%	81.6%	82.8%	93.5%	171%	99.6%	79.3%	74.1%
Net sales ¹	14,938	18,456	16,344	14,833	13,075	14,807	17,006	17,979
EBITDA ¹	3,733	3,328	2,724	2,522	1,824	2,718	3,488	3,610
EBIT ¹	2,709	2,214	1,629	1,455	725	1,534	2,248	2,367
Net income ¹	2,426	2,317	1,720	1,648	832.7	1,422	2,052	2,186
Net Debt ¹	1,703	2,680	460.4	-449.9	-533	-322	-566.5	-188.5
Reference price ²	88.00	46.50	55.00	24.50	18.20	67.00	67.00	67.00
Nbr of stocks (in thousands)	1,181,590	1,181,966	1,182,089	1,182,089	1,182,089	1,182,089	-	-
Announcement Date	2/8/22	2/7/23	2/13/24	2/24/25	2/10/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY)	23.24x	11.42x	15.48x	1.08%	2,040B
BROADCOM INC.	38.51x	16.23x	23.84x	0.73%	1,695B
SK HYNIX INC.	5.27x	3.41x	4.12x	0.19%	994B
MARVELL TECHNOLOGY GROUP LTD	145.41x	18.97x	46.78x	0.09%	229B
QUALCOMM INCORPORATED	15.83x	5.03x	14.48x	1.84%	211B
KIOXIA HOLDINGS CORPORATION	5.23x	2.7x	3.26x	1.39%	189B
CAMBRICON TECHNOLOGIES CORPORATION LIMITED	124.41x	38.28x	114.78x	0.21%	103B
INFINEON TECHNOLOGIES AG	45.6x	4.93x	17.8x	0.68%	86.52B
Average	50.44x	12.62x	30.07x	0.78%	693.26B
Weighted average by Cap.	31.06x	11.63x	18.72x	0.79%