Cal-Comp Electronics Thailand, or CCET, expects normalised profit in the second quarter of 2026 to continue recovering for a second straight quarter. Yuanta Securities estimates normalised profit at 627 million baht, up 17 percent from the previous quarter but down 13 percent from a year earlier. Total revenue is projected at 31 billion baht, up 4 percent quarter-on-quarter, with gross margin seen at 5.20 percent, a 15-basis-point improvement from the prior quarter, driven by a higher mix of new products and better production efficiency. In the second half of 2026, profit is expected to show strong growth from a low base and the absence of special expenses related to relocating production out of China, which amounted to around 294 million baht in the second half of 2025. Yuanta has raised its end-2027 fair value to 10.00 baht per share, based on a price-to-earnings ratio of 30.2 times, and upgraded its recommendation to buy. The broker views the stock as still in the early stages of the semiconductor industry recovery cycle and suitable for speculative trading around the earnings turnaround. The company is scheduled to report results on 14 August 2026.
Cal-Comp Electronics (Thailand) Public Company LimitedBroker raises target to 10 baht and upgrades to buy on expected profit recovery.
