KCE ELECTRONICS Plc. (KCE): Elevated Risks – Neutral (Current Fair Value Bt18.00)
We expect 4Q25 profit of Bt233mn (-8% YoY, -16% QoQ), reflecting weakness driven by baht appreciation. We cut our 2026E profit forecast by 5% to...
120 Views
KCE ELECTRONICS Plc. (KCE): Elevated Risks – Neutral (Current Fair Value Bt18.00).
We cut our 2026E profit forecast by 5% to Bt1,036mn (+21% YoY), based on our strategy team’s view of baht strength; our estimate is 17% below...
151 Views
KCE Electronics Plc. (KCE): Let’s Wait And See Next Year – Neutral (12M Fwd Fair Value Bt20.00)
Despite an improving earnings outlook for 2026, several short-term headwinds will continue to weigh on the share price.The company expects 4Q25...
262 Views
KCE ELECTRONICS Plc. (KCE): Core Profit Met Our Estimate But Missed Consensus
In 3Q25, KCE’s USD revenue rose to USD107mn (–3% YoY, +8% QoQ), a 4-quarter high, driven by order recovery, slight price gains, and new machine...
173 Views
KCE ELECTRONICS Plc. (KCE): Still Fully Valued Despite Earnings Rebound
KCE’s 3Q25 net profit is estimated at Bt276mn (–28% YoY, +57% QoQ), with the expected YoY drop due to i) a stronger baht and ii) higher copper prices.
465 Views