Further Upside For SKS Technologies Group Limited (ASX:SKS) Shares Could Introduce Price Risks After 31% Bounce
Jan 18
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Australian (ASX) Electrical Components Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies9
- 7D-0.7%
- 3M-1.6%
- 1Y19.0%
- YTDn/a
Over the last 7 days, the Electrical Components industry has dropped 3.6%, driven by declines in ClearVue Technologies and SKS Technologies Group of 13% and 3.2%, respectively. Meanwhile, 1414 Degrees actually outperformed within the industry, gaining 17% in the last week. This takes the industry's 12 month performance to a gain of 19%. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Australian Electrical Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | AU$548.1m | AU$242.6m | AU$18.3m | 23.2x | 30x | 2.3x |
| Mon, 30 Dec 2024 | AU$527.2m | AU$242.6m | AU$18.3m | 24.6x | 28.8x | 2.2x |
| Wed, 27 Nov 2024 | AU$570.0m | AU$242.6m | AU$18.3m | 24.9x | 31.2x | 2.3x |
| Fri, 25 Oct 2024 | AU$507.1m | AU$243.2m | -AU$2,031,279.00 | 19.2x | -249.7x | 2.1x |
| Sun, 22 Sep 2024 | AU$531.0m | AU$243.2m | -AU$1,561,317.00 | 17.7x | -340.1x | 2.2x |
| Tue, 20 Aug 2024 | AU$575.6m | AU$249.6m | -AU$38,849,563.00 | 27.4x | -14.8x | 2.3x |
| Thu, 18 Jul 2024 | AU$589.0m | AU$249.6m | -AU$38,849,563.00 | 27.1x | -15.2x | 2.4x |
| Sat, 15 Jun 2024 | AU$482.1m | AU$249.6m | -AU$38,849,563.00 | 31.6x | -12.4x | 1.9x |
| Mon, 13 May 2024 | AU$519.7m | AU$249.6m | -AU$38,849,563.00 | 32.3x | -13.4x | 2.1x |
| Wed, 10 Apr 2024 | AU$510.0m | AU$249.6m | -AU$38,849,563.00 | 31.1x | -13.1x | 2x |
| Fri, 08 Mar 2024 | AU$439.8m | AU$222.2m | -AU$36,389,458.00 | 20.9x | -12.1x | 2x |
| Sun, 04 Feb 2024 | AU$518.2m | AU$266.2m | -AU$34,294,671.00 | 12.8x | -15.1x | 1.9x |
| Tue, 02 Jan 2024 | AU$536.9m | AU$266.2m | -AU$34,294,671.00 | 15.4x | -15.7x | 2x |
| Thu, 30 Nov 2023 | AU$571.2m | AU$266.2m | -AU$34,294,671.00 | 12.7x | -16.7x | 2.1x |
| Sat, 28 Oct 2023 | AU$513.1m | AU$266.2m | -AU$34,294,671.00 | 11.3x | -15x | 1.9x |
| Mon, 25 Sep 2023 | AU$540.0m | AU$266.2m | -AU$34,286,917.00 | 12.3x | -15.7x | 2x |
| Wed, 23 Aug 2023 | AU$548.8m | AU$250.8m | -AU$36,067,943.00 | 9.1x | -15.2x | 2.2x |
| Fri, 21 Jul 2023 | AU$522.1m | AU$250.8m | -AU$37,437,771.00 | 8.8x | -13.9x | 2.1x |
| Sun, 18 Jun 2023 | AU$482.9m | AU$246.5m | -AU$20,072,455.00 | 10.5x | -24.1x | 2x |
| Tue, 16 May 2023 | AU$513.7m | AU$246.5m | -AU$20,072,455.00 | 11.6x | -25.6x | 2.1x |
| Thu, 13 Apr 2023 | AU$537.1m | AU$246.5m | -AU$20,072,455.00 | 12.2x | -26.8x | 2.2x |
| Sat, 11 Mar 2023 | AU$466.9m | AU$246.5m | -AU$19,622,366.00 | 12.5x | -23.8x | 1.9x |
| Mon, 06 Feb 2023 | AU$552.9m | AU$203.5m | -AU$24,370,989.00 | 18.7x | -22.7x | 2.7x |
| Wed, 04 Jan 2023 | AU$504.8m | AU$203.5m | -AU$24,392,740.00 | 18.4x | -20.7x | 2.5x |
| Fri, 02 Dec 2022 | AU$585.1m | AU$203.5m | -AU$24,383,873.00 | 18.5x | -24x | 2.9x |
| Sun, 30 Oct 2022 | AU$584.9m | AU$203.5m | -AU$24,432,435.00 | 17x | -23.9x | 2.9x |
| Tue, 27 Sep 2022 | AU$707.9m | AU$204.6m | -AU$26,010,144.00 | 19x | -27.2x | 3.5x |
| Thu, 25 Aug 2022 | AU$753.3m | AU$170.1m | -AU$34,400,229.00 | 13.7x | -21.9x | 4.4x |
| Sat, 23 Jul 2022 | AU$859.9m | AU$170.2m | -AU$32,705,500.00 | 12.2x | -26.3x | 5.1x |
| Mon, 20 Jun 2022 | AU$614.8m | AU$170.2m | -AU$32,693,585.00 | 11.3x | -18.8x | 3.6x |
| Wed, 18 May 2022 | AU$745.0m | AU$170.1m | -AU$32,652,824.00 | 12.7x | -22.8x | 4.4x |
| Fri, 15 Apr 2022 | AU$883.0m | AU$170.1m | -AU$32,490,405.00 | 14.5x | -27.2x | 5.2x |
| Sun, 13 Mar 2022 | AU$823.1m | AU$170.1m | -AU$31,101,076.00 | 13.3x | -26.5x | 4.8x |
| Tue, 08 Feb 2022 | AU$1.1b | AU$143.3m | -AU$24,625,609.00 | 13.7x | -44x | 7.6x |
Price to Earnings Ratio
-44x
Current Industry PE
- Investors are pessimistic on the Australian Electrical Components and Equipment 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 29.3x which is higher than its 3-year average PE of -36.6x.
- The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- Total earnings for the Electrical Components and Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 19% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Electrical Components compare with similar industries?
| AU Market | 1.42% | |
| Industrials | 0.86% | |
| Electrical | 1.65% | |
| Electrical Components | -0.66% | |
| Heavy Electrical Equipment | 17.86% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SKS SKS Technologies Group | AU$2.21 | 2.8% +AU$6.7m | 662.1% | PE37.4x | |
| 14D 1414 Degrees | AU$0.027 | 17.4% +AU$1.1m | -53.4% | PB1x | |
| EGY Energy Technologies | AU$0.032 | 6.7% +AU$873.0k | n/a | PS1.1x |