KCE ELECTRONICS Plc. (KCE): Earnings Beat Expectations, But Rising Cost Pressures Loom Ahead
We maintain our Underperform rating with a new 12M FV of Bt24.00, following the revision of our ERP valuation timeframe, resulting in a required...
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KCE: Weak 1Q26E Earnings Expected To Weigh On The Near-Term Outlook
We expect KCE’s 1Q26E profit at Bt108mn (-40% YoY, -22% QoQ), marking the lowest level in five years, driven by weak demand and higher costs....
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KCE ELECTRONICS Plc. (KCE): 4Q25 Profit Hit A Five-Year Low
Net profit came in at Bt139mn (-45% YoY, -50% QoQ), representing the largest miss at 40%/43% below our and consensus estimates, respectively.
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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...
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