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KCE Electronics Public Company Limited (KCE.BK)

THB45.25 +0.25 (+0.56%)
TH SET Technology Hardware, Equipment & Parts
Address 72-72/1-3 Lat Krabang Industrial Estate 10520
Bangkok, TH
CEO Pitharn Ongkosit
Website kce.co.th
IPO 2000-01-04
ISIN TH0122C10Z04

Explore sections of this company profile

Also trades on Stock Exchange of Thailand · KCE-R.BK (THB) Stock Exchange of Thailand · KCE.BK (THB) Stuttgart Stock Exchange · KCEA.SG (EUR)
Description

KCE Electronics Public Company Limited, alongside its subsidiaries, is a global player in the production and supply of electric printed circuit boards (PCBs), marketed under the KCE brand. Its operations are organized into three primary business units: the fabrication and distribution of prepreg and laminate, the manufacturing and sales of printed circuit boards, and the development and supply of chemical products. The company's PCBs, crafted from copper clad laminate, are integral components utilized across a wide array of applications, including the automotive, industrial, computer, and telecommunications sectors. Furthermore, KCE produces and sells various chemical and prepreg/laminate materials, and also engages in the leasing of properties. The company, initially established in 1982 as Kuang Charoen Electronics Company Limited, is presently based in Bangkok, Thailand.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
THB45.25 +0.25 (+0.56%)
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Volume Profile
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Liquidity & share structure
Average Volume
31M
Beta
0.97
Float Shares
708.78M
Free Float %
60.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.61% -5.97% +22.33% +65.79% +32.91% +73.08% +73.08% -16.00% -50.00% -19.50% +4,899.37%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
45.25
DCF (Unlevered) 23.97 -47.0%
DCF (Levered) 21.89 -51.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 44% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 2 0
Hold 3 -1
Sell 2 0
Strong Sell 0 0
Quality scores
Altman Z-Score
6.69
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Hardware, Equipment & Parts: +10.0%
    -11.9% Q1'26: -6.5% (vs Q1'25)
  • EPS growth Hardware, Equipment & Parts: +20.2%
    -49.6% Q1'26: +5.3% (vs Q1'25)
  • FCF margin FCF growth · Hardware, Equipment & Parts: +27.1%
    +11.6% Q1'26: +9.2% (vs Q1'25)
  • EBIT margin Hardware, Equipment & Parts: +8.7%
    +5.6% Q1'26: +5.7% (vs Q1'25)
  • ROIC Hardware, Equipment & Parts: +5.7%
    +5.1% Q1'26: +4.8% (vs Q1'25)
  • Share dilution Hardware, Equipment & Parts: +0.0%
    +0.0% Q1'26: -2.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Hardware, Equipment & Parts: -0.70×
    0.79× Q1'26: 0.56× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.93) × ERP
WACC = 96% × Ke + 4% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 23.75 Current price: 45.25
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
9 Rev. Ana.
9 EPS Ana.
Dec 2027
9 Rev. Ana.
9 EPS Ana.
Dec 2028
6 Rev. Ana.
6 EPS Ana.
Dec 2029
5 Rev. Ana.
4 EPS Ana.
Dec 2030
3 Rev. Ana.
2 EPS Ana.
Revenue
12.45B
est: 12.66B (-1.7%)
13.80B
est: 14.24B (-3.1%)
14.20B
est: 14.33B (-0.9%)
13.98B
est: 14.16B (-1.2%)
12.10B
est: 12.12B (-0.2%)
11.53B
est: 11.49B (+0.4%)
14.94B
est: 14.86B (+0.5%)
18.46B
est: 18.44B (+0.1%)
16.34B
est: 16.21B (+0.8%)
14.83B
est: 15.41B (-3.7%)
13.07B
est: 13.32B (-1.8%)
13.53B
13.29B – 13.85B
+1.6% YoY
14.53B
13.93B – 15.18B
+7.4% YoY
15.12B
14.96B – 15.27B
+4.1% YoY
11.94B
11.58B – 12.35B
-21.0% YoY
11.67B
11.32B – 12.07B
-2.2% YoY
EBITDA
3.16B
est: 2.63B (+20.3%)
4.18B
est: 2.96B (+41.3%)
3.66B
est: 2.98B (+23.0%)
3.41B
est: 2.94B (+16.0%)
2.04B
est: 2.52B (-19.1%)
2.33B
est: 2.39B (-2.3%)
3.75B
est: 3.09B (+21.4%)
3.66B
est: 3.83B (-4.6%)
3.09B
est: 3.17B (-2.5%)
2.94B
est: 3.01B (-2.4%)
1.85B
est: 2.61B (-28.9%)
2.65B
2.60B – 2.71B
+1.6% YoY
2.84B
2.73B – 2.97B
+7.4% YoY
2.96B
2.93B – 2.99B
+4.1% YoY
2.34B
2.27B – 2.42B
-21.0% YoY
2.28B
2.22B – 2.36B
-2.2% YoY
EBIT
2.50B
est: 1.71B (+46.3%)
3.30B
est: 1.92B (+71.8%)
2.75B
est: 1.93B (+42.1%)
2.19B
est: 1.91B (+14.8%)
1.03B
est: 1.63B (-36.9%)
1.28B
est: 1.55B (-17.5%)
2.73B
est: 2.00B (+36.1%)
2.54B
est: 2.49B (+2.3%)
1.98B
est: 2.01B (-1.2%)
1.83B
est: 1.91B (-3.9%)
725.04M
est: 1.65B (-56.0%)
1.67B
1.65B – 1.71B
+1.6% YoY
1.80B
1.72B – 1.88B
+7.4% YoY
1.87B
1.85B – 1.89B
+4.1% YoY
1.48B
1.43B – 1.53B
-21.0% YoY
1.44B
1.40B – 1.49B
-2.2% YoY
Net Income
2.24B
est: 2.25B (-0.3%)
3.04B
est: 3.12B (-2.5%)
2.54B
est: 2.53B (+0.4%)
2.01B
est: 2.05B (-1.8%)
934.49M
est: 875.88M (+6.7%)
1.13B
est: 1.13B (0.0%)
2.43B
est: 2.43B (-0.1%)
2.32B
est: 2.45B (-5.6%)
1.72B
est: 2.15B (-20.0%)
1.65B
est: 1.73B (-5.0%)
832.68M
est: 981.19M (-15.1%)
962.00M
794.13M – 1.32B
-2.0% YoY
1.16B
1.00B – 1.75B
+20.2% YoY
1.38B
1.02B – 1.90B
+19.5% YoY
1.35B
1.30B – 1.41B
-2.4% YoY
1.36B
1.31B – 1.42B
+0.9% YoY
SGA
1.45B
est: 1.45B (-0.5%)
1.61B
est: 1.64B (-1.6%)
1.72B
est: 1.65B (+4.7%)
1.72B
est: 1.63B (+5.4%)
1.61B
est: 1.39B (+15.7%)
1.45B
est: 1.32B (+9.8%)
1.66B
est: 1.71B (-3.1%)
1.99B
est: 2.12B (-6.2%)
1.77B
est: 1.89B (-6.0%)
1.81B
est: 1.79B (+0.7%)
1.74B
est: 1.55B (+12.3%)
1.58B
1.55B – 1.61B
+1.6% YoY
1.69B
1.62B – 1.77B
+7.4% YoY
1.76B
1.74B – 1.78B
+4.1% YoY
1.39B
1.35B – 1.44B
-21.0% YoY
1.36B
1.32B – 1.41B
-2.2% YoY
EPS
1.97
est: 1.90 (+3.7%)
2.62
est: 2.64 (-0.6%)
2.17
est: 2.14 (+1.2%)
1.72
est: 1.74 (-0.9%)
0.80
est: 0.74 (+8.0%)
0.96
est: 0.95 (+0.7%)
2.06
est: 2.06 (+0.2%)
1.96
est: 2.10 (-6.6%)
1.45
est: 1.82 (-20.1%)
1.39
est: 1.46 (-5.0%)
0.70
est: 0.83 (-15.2%)
0.82
0.67 – 1.11
-1.0% YoY
1.03
0.85 – 1.48
+26.5% YoY
1.12
0.87 – 1.61
+8.6% YoY
1.14
1.10 – 1.19
+1.7% YoY
1.15
1.11 – 1.20
+0.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 A- 4/5 4/5 3/5 4/5 3/5 3/5 4/5
2026-05-12 A- 4/5 4/5 3/5 4/5 3/5 3/5 4/5
2026-05-11 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-08 A- 4/5 4/5 3/5 4/5 3/5 3/5 4/5
2026-05-07 A- 4/5 4/5 3/5 4/5 3/5 3/5 4/5
2026-05-06 A- 4/5 4/5 3/5 4/5 3/5 3/5 4/5
2026-05-05 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-04-30 A- 4/5 4/5 3/5 4/5 3/5 3/5 4/5
2026-04-29 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-04-28 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-04-27 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-04-24 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-04-23 B+ 3/5 3/5 3/5 4/5 2/5 2/5 4/5
2026-04-22 B+ 3/5 3/5 3/5 4/5 2/5 2/5 4/5
2026-04-21 B+ 3/5 3/5 3/5 4/5 2/5 2/5 4/5
2026-04-20 B+ 3/5 3/5 3/5 4/5 2/5 2/5 4/5
2026-04-17 B+ 3/5 3/5 3/5 4/5 2/5 2/5 4/5
2026-04-16 B+ 3/5 3/5 3/5 4/5 2/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
913.45M
OE per share TTM
0.77
Owner's Yield
2.51%
Maintenance CapEx ratio
272.87%
Maint CapEx / Avg PPE
57.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 6 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
154.2K
Shares Outstanding
1.18B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bancha Ongkosit Chairman of the Board 3M male
Pitharn Ongkosit CEO, President, Head of Compliance & Vice Chairman of the Board 2M male
Voraluksana Ongkosit Executive Vice Chairperson & Director 2M female
Kanokporn Sukprasitpredee Senior Vice President of Supply Chain female
Niraphat Tiranakwit Head of Investor Relations female
Viboon Sunthornwiwath Senior Vice President of Human Resources male
Athasidh Ongkosit Senior Vice President of Information Technology male
Wasara Chotithammarat Chief Financial Officer, Accounting & Finance Senior Vice President and Company Secretary female
Chayanee Chaidetkhajorn Chief of the Internal Audit Unit female
Fredrick Gharapet Ohanian Executive Vice President of Operations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits