Optimistic Investors Push FOS Capital Limited (ASX:FOS) Shares Up 33% But Growth Is Lacking
Apr 25
Australian (ASX) Electrical Industry Analysis
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies11
- 7D4.2%
- 3M10.9%
- 1Y-4.3%
- YTD7.1%
Over the last 7 days, the Electrical industry has risen 4.2%, driven by gains in Mayfield Group Holdings and SKS Technologies Group of 12% and 10%, respectively. Meanwhile, Lithium Australia actually underperformed within the industry, shrinking 6.9% in the last week. However, the industry is down 4.3% over the past year.
Industry Valuation and Performance
Has the Australian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | AU$581.1m | AU$324.1m | -AU$31,622,544.00 | 32.8x | -18.4x | 1.8x |
| Sat, 30 Mar 2024 | AU$559.2m | AU$324.1m | -AU$31,622,544.00 | 22.6x | -17.7x | 1.7x |
| Mon, 26 Feb 2024 | AU$600.7m | AU$342.1m | -AU$27,290,950.00 | 8.7x | -22x | 1.8x |
| Wed, 24 Jan 2024 | AU$586.1m | AU$344.0m | -AU$28,497,549.00 | 8.6x | -20.6x | 1.7x |
| Fri, 22 Dec 2023 | AU$570.8m | AU$344.0m | -AU$28,497,549.00 | 8.7x | -20x | 1.7x |
| Sun, 19 Nov 2023 | AU$583.8m | AU$344.0m | -AU$28,497,549.00 | 7.8x | -20.5x | 1.7x |
| Tue, 17 Oct 2023 | AU$597.5m | AU$344.0m | -AU$28,497,549.00 | 10.1x | -21x | 1.7x |
| Thu, 14 Sep 2023 | AU$586.3m | AU$344.0m | -AU$28,489,795.00 | 11.1x | -20.6x | 1.7x |
| Sat, 12 Aug 2023 | AU$629.1m | AU$330.3m | -AU$37,363,974.00 | 12.9x | -16.8x | 1.9x |
| Mon, 10 Jul 2023 | AU$546.9m | AU$330.3m | -AU$37,363,974.00 | 13.8x | -14.6x | 1.7x |
| Wed, 07 Jun 2023 | AU$531.8m | AU$326.1m | -AU$19,998,658.00 | 15.4x | -26.6x | 1.6x |
| Fri, 05 May 2023 | AU$560.9m | AU$326.1m | -AU$19,998,658.00 | 15.2x | -28x | 1.7x |
| Sun, 02 Apr 2023 | AU$528.8m | AU$326.1m | -AU$20,010,603.00 | 15x | -26.4x | 1.6x |
| Tue, 28 Feb 2023 | AU$521.9m | AU$301.1m | -AU$23,510,811.00 | 22.5x | -22.2x | 1.7x |
| Thu, 26 Jan 2023 | AU$588.3m | AU$285.8m | -AU$26,164,211.00 | 19.6x | -22.5x | 2.1x |
| Sat, 24 Dec 2022 | AU$527.1m | AU$285.8m | -AU$26,205,470.00 | 18.4x | -20.1x | 1.8x |
| Mon, 21 Nov 2022 | AU$619.9m | AU$285.8m | -AU$26,881,994.00 | 18.4x | -23.1x | 2.2x |
| Wed, 19 Oct 2022 | AU$654.7m | AU$285.8m | -AU$26,931,339.00 | 19.3x | -24.3x | 2.3x |
| Fri, 16 Sep 2022 | AU$776.8m | AU$286.9m | -AU$28,400,496.00 | 18.7x | -27.4x | 2.7x |
| Sun, 14 Aug 2022 | AU$872.4m | AU$250.5m | -AU$34,796,529.00 | 12.9x | -25.1x | 3.5x |
| Tue, 12 Jul 2022 | AU$757.8m | AU$250.5m | -AU$34,999,131.00 | 12.5x | -21.7x | 3x |
| Thu, 09 Jun 2022 | AU$723.3m | AU$250.5m | -AU$34,861,587.00 | 12.6x | -20.7x | 2.9x |
| Sat, 07 May 2022 | AU$784.3m | AU$250.5m | -AU$34,895,451.00 | 13.9x | -22.5x | 3.1x |
| Mon, 04 Apr 2022 | AU$913.3m | AU$250.4m | -AU$33,311,721.00 | 14.3x | -27.4x | 3.6x |
| Wed, 02 Mar 2022 | AU$812.9m | AU$235.7m | -AU$18,520,699.00 | 13.3x | -43.9x | 3.4x |
| Fri, 28 Jan 2022 | AU$981.5m | AU$204.1m | -AU$24,514,055.00 | 14.7x | -40x | 4.8x |
| Sun, 26 Dec 2021 | AU$1.3b | AU$204.1m | -AU$24,488,038.00 | 14.4x | -51.2x | 6.1x |
| Tue, 23 Nov 2021 | AU$1.7b | AU$204.1m | -AU$24,471,808.00 | 15.3x | -68.1x | 8.2x |
| Thu, 21 Oct 2021 | AU$1.9b | AU$204.1m | -AU$24,374,901.00 | 14.7x | -77.7x | 9.3x |
| Sat, 18 Sep 2021 | AU$384.9m | AU$205.5m | -AU$22,792,002.00 | 15.2x | -16.9x | 1.9x |
| Mon, 16 Aug 2021 | AU$378.9m | AU$205.6m | -AU$22,698,436.54 | 14.2x | -16.7x | 1.8x |
| Mon, 31 May 2021 | AU$391.3m | AU$176.8m | -AU$20,900,617.52 | 29.1x | -18.7x | 2.2x |
Price to Earnings Ratio
-21.2x
Current Industry PE
- Investors are pessimistic on the Australian Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 22% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Australian Industrials industry?
| AU Market | -1.54% | |
| Industrials | -2.51% | |
| Electrical | 4.24% | |
| Heavy Electrical Equipment | 11.61% | |
| Electrical Components | 3.18% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry even though it's trading below its 3-year average PE ratio of 148x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MYG Mayfield Group Holdings | AU$0.87 | 12.3% +AU$8.6m | 180.6% | PE10.9x | |
| CPV ClearVue Technologies | AU$0.46 | 8.3% +AU$8.5m | 152.8% | PS100150.3x | |
| SKS SKS Technologies Group | AU$0.74 | 10.4% +AU$7.7m | 322.9% | PE41.8x | |
| LIS Li-S Energy | AU$0.15 | 7.1% +AU$6.4m | -57.1% | PB2.2x | |
| RFT Rectifier Technologies | AU$0.015 | 36.4% +AU$5.5m | -71.2% | PE35.2x |
