KCE stock gains 1.51 percent as earnings estimates rise
Published on 09/28/2026 at 08:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
KCE stock was trading at THB 67.25 on the SET on September 28, 2026, at 12:29 p.m. ICT, up 1.51 percent from THB 66.25. The price stood 3.24 percent below its THB 69.50 52-week high, giving the market a clear earnings backdrop.
Q2 profit reaches THB 275.92 million
Q2 FY26 revenue was THB 3.57 billion and net income was THB 275.92 million for the quarter ended June 30, 2026, according to Yahoo Finance.
Yahoo Finance lists Q2 FY26 EPS at THB 0.23 against an estimate of THB 0.19. That beat adds a quantified comparison to the latest quarterly picture and helps explain why forecast revisions have moved higher.
PCB pricing drives estimates
In a September 2, 2026 report, Kaohoon International said KCE management expected PCB sales in US dollars to increase 17 to 19 percent quarter over quarter in Q3 FY26.
The same report said Kasikorn Securities raised its KCE target price from THB 45 to THB 60 while maintaining a Buy recommendation. The broker linked the change to higher earnings estimates, selling-price adjustments and a stronger product mix.
Forecast gains meet valuation risk
Kaohoon International reported on September 18, 2026 that CGS International Securities raised its 2026 to 2028 EPS forecasts by 18 to 35 percent on stronger PCB sales and higher margins.
CGSI kept a Hold rating, saying much of the profit growth had already been priced into the shares. It also identified execution risk from new production capacity, creating a counterweight to the improved earnings trajectory.
KCE stock holds above THB 67
At the September 28, 2026 snapshot, KCE had a market capitalization of THB 79.5 billion, volume of 4,463,928 shares and a trading range of THB 66.00 to THB 67.25. The stock's next test is whether higher PCB pricing can convert forecast upgrades into reported profit while capacity investment expands.
KCE market snapshot
- Company: KCE Electronics Public Company Limited
- Ticker: KCE
- Trading venue: SET
- Price (as of September 28, 2026, 12:29 p.m. ICT): THB 67.25
- Market capitalization: THB 79.5 billion (as of September 28, 2026)
- 52-week range: THB 16.00-THB 69.50 (as of September 28, 2026)
- Sector / Industry: Technology / Hardware, Equipment and Parts
