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U.S. Electronic Manufacturing Services Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies26
  • 7D5.7%
  • 3M-0.3%
  • 1Y23.3%
  • YTDn/a

In the last week, the Electronic Manufacturing Services industry is up 5.7%, with TE Connectivity up 3.8%. During this same period, the Syntec Optics Holdings underperformed, falling 13%. In the last 12 months, the industry was up 23%. Looking forward, earnings are forecast to grow by 2.4% annually.

Industry Valuation and Performance

Has the U.S. Electronic Manufacturing Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024US$94.9bUS$100.3bUS$6.4b20.4x14.9x0.9x
Sat, 06 Apr 2024US$96.6bUS$104.3bUS$6.5b14.9x14.9x0.9x
Mon, 04 Mar 2024US$100.0bUS$105.7bUS$5.8b16.8x17.3x0.9x
Wed, 31 Jan 2024US$94.8bUS$106.4bUS$5.7b14x16.7x0.9x
Fri, 29 Dec 2023US$98.2bUS$107.0bUS$4.3b18.9x22.8x0.9x
Sun, 26 Nov 2023US$90.8bUS$108.3bUS$4.4b14.9x20.6x0.8x
Tue, 24 Oct 2023US$83.7bUS$109.3bUS$4.7b16.4x17.9x0.8x
Thu, 21 Sep 2023US$86.5bUS$109.9bUS$4.8b14.6x17.8x0.8x
Sat, 19 Aug 2023US$86.0bUS$109.9bUS$4.9b16.1x17.7x0.8x
Mon, 17 Jul 2023US$95.9bUS$109.7bUS$5.0b16.2x19.4x0.9x
Wed, 14 Jun 2023US$90.1bUS$109.6bUS$5.0b15.6x18.2x0.8x
Fri, 12 May 2023US$79.6bUS$109.2bUS$4.9b13.8x16.1x0.7x
Sun, 09 Apr 2023US$81.6bUS$108.0bUS$5.1b16x16x0.8x
Tue, 07 Mar 2023US$86.8bUS$107.4bUS$5.1b17x16.9x0.8x
Thu, 02 Feb 2023US$86.9bUS$107.1bUS$5.3b17x16.5x0.8x
Sat, 31 Dec 2022US$77.7bUS$105.0bUS$5.4b15.8x14.4x0.7x
Mon, 28 Nov 2022US$82.5bUS$103.9bUS$5.4b16.5x15.2x0.8x
Wed, 26 Oct 2022US$76.3bUS$100.4bUS$5.5b15.2x14x0.8x
Fri, 23 Sep 2022US$72.6bUS$98.8bUS$5.3b14.4x13.7x0.7x
Sun, 21 Aug 2022US$82.5bUS$98.8bUS$5.3b16.9x15.5x0.8x
Tue, 19 Jul 2022US$70.3bUS$96.6bUS$5.4b14.9x13.1x0.7x
Thu, 16 Jun 2022US$73.9bUS$95.5bUS$5.3b15.6x13.8x0.8x
Sat, 14 May 2022US$76.3bUS$95.5bUS$5.3b14x14.3x0.8x
Mon, 11 Apr 2022US$77.3bUS$94.0bUS$5.3b13.7x14.5x0.8x
Wed, 09 Mar 2022US$77.1bUS$93.2bUS$5.3b14.4x14.7x0.8x
Fri, 04 Feb 2022US$88.1bUS$93.0bUS$5.3b15.3x16.6x0.9x
Sun, 02 Jan 2022US$99.3bUS$92.8bUS$5.0b15.7x19.7x1.1x
Tue, 30 Nov 2021US$93.9bUS$91.9bUS$5.0b13.3x18.6x1x
Thu, 28 Oct 2021US$90.1bUS$91.3bUS$4.2b16x21.4x1x
Sat, 25 Sep 2021US$91.6bUS$91.2bUS$4.1b16.1x22.3x1x
Mon, 23 Aug 2021US$92.8bUS$91.2bUS$4.1b17.5x22.6x1x
Sat, 10 Jul 2021US$90.2bUS$89.9bUS$3.8b16x23.5x1x
Price to Earnings Ratio

29.2x


Total Market Cap: US$90.6bTotal Earnings: US$3.1bTotal Revenue: US$88.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Manufacturing Services Industry Price to Earnings3Y Average 17.7x202220232024
Current Industry PE
  • Investors are pessimistic on the American Electronic Manufacturing Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 14.9x which is lower than its 3-year average PE of 17.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the Electronic Manufacturing Services industry have grown 27% per year over the last three years.
  • Revenues for these companies have grown 4.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Electronic Manufacturing Services compare with similar industries?

US Market3.30%
Tech5.57%
Electronic Equipment and Components4.50%
Electronic Manufacturing Services5.67%
Technology Distributors4.75%
Electronic Components4.74%
Electronic Equipment and Instruments3.32%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TEL TE ConnectivityUS$144.803.8%
+US$1.6b		20.1%PE12.9x
FN FabrinetUS$211.5521.4%
+US$1.3b		131.1%PE30.1x
FLEX FlexUS$28.564.2%
+US$480.1m		24.2%PE19x
JBL JabilUS$117.532.8%
+US$379.9m		50.2%PE9.4x
BHE Benchmark ElectronicsUS$40.0432.2%
+US$351.5m		89.3%PE21.9x
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Nortech Systems

7D

-6.0%

1Y

55.9%

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IPGP

US$89.17

IPG Photonics

7D

6.7%

1Y

-20.9%

FN

US$211.55

Fabrinet

7D

21.4%

1Y

131.1%

FLEX

US$28.56

Flex

7D

4.2%

1Y

24.2%

BHE

US$40.04

Benchmark Electronics

7D

32.2%

1Y

89.3%

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TEL

US$144.80

TE Connectivity

7D

3.8%

1Y

20.1%

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May 03
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TTMI

US$17.67

TTM Technologies

7D

19.6%

1Y

51.3%

JBL

US$117.53

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7D

2.8%

1Y

50.2%

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May 01
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SANM

US$64.64

Sanmina

7D

5.1%

1Y

20.7%

TRSG

US$6.00

Tungray Technologies

7D

-2.4%

1Y

n/a

DSWL

US$2.31

Deswell Industries

7D

-2.9%

1Y

-13.2%

OPTX

US$3.20

Syntec Optics Holdings

7D

-12.9%

1Y

-68.8%

MEI

US$11.42

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7D

-3.7%

1Y

-72.1%

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