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Dec 01
Australian (ASX) Electronic Equipment and Components Industry Analysis
UpdatedDec 06, 2022
DataAggregated Company Financials
Companies24
- 7D-0.09%
- 3M-5.6%
- 1Y-49.8%
- YTD-54.4%
Last week, the Electronic Equipment and Components industry hasn't moved much but Elsight is up 8.6% in that time. Unfortunately though, the industry is down 50% over the past 12 months. Earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Australian Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Dec 2022 | AU$5.3b | AU$4.0b | -AU$31,626,623.00 | 55.3x | -169.1x | 1.3x |
| Thu, 03 Nov 2022 | AU$5.5b | AU$4.0b | -AU$18,075,364.00 | 48.9x | -302.3x | 1.4x |
| Sat, 01 Oct 2022 | AU$5.2b | AU$4.0b | -AU$16,935,753.00 | 53.5x | -307x | 1.3x |
| Mon, 29 Aug 2022 | AU$6.2b | AU$3.7b | AU$6.3m | 20x | 980.3x | 1.7x |
| Wed, 27 Jul 2022 | AU$6.3b | AU$3.7b | AU$7.2m | 21.9x | 871.1x | 1.7x |
| Fri, 24 Jun 2022 | AU$5.6b | AU$3.7b | AU$7.1m | 20.2x | 783.5x | 1.5x |
| Sun, 22 May 2022 | AU$6.9b | AU$3.7b | AU$36.8m | 18.4x | 186.1x | 1.9x |
| Tue, 19 Apr 2022 | AU$8.4b | AU$3.7b | AU$51.2m | 23.8x | 163.6x | 2.3x |
| Thu, 17 Mar 2022 | AU$8.0b | AU$3.7b | AU$50.2m | 23.5x | 159.2x | 2.2x |
| Sat, 12 Feb 2022 | AU$9.2b | AU$3.2b | AU$87.2m | 15.8x | 105.2x | 2.8x |
| Mon, 10 Jan 2022 | AU$10.6b | AU$3.2b | AU$87.1m | 17x | 121.6x | 3.3x |
| Wed, 08 Dec 2021 | AU$9.9b | AU$3.2b | AU$86.4m | 16.5x | 114.8x | 3.1x |
| Fri, 05 Nov 2021 | AU$10.6b | AU$3.2b | AU$97.8m | 17.3x | 108.8x | 3.3x |
| Sun, 03 Oct 2021 | AU$9.8b | AU$3.2b | AU$97.2m | 19.1x | 100.6x | 3x |
| Tue, 31 Aug 2021 | AU$8.6b | AU$3.1b | AU$89.9m | 15.7x | 95.9x | 2.8x |
| Wed, 07 Jul 2021 | AU$7.7b | AU$3.1b | AU$89.9m | 12.7x | 85.8x | 2.5x |
| Sat, 10 Apr 2021 | AU$7.0b | AU$3.1b | AU$71.4m | 20.5x | 97.4x | 2.3x |
| Fri, 01 Jan 2021 | AU$5.9b | AU$3.0b | AU$59.5m | 18.1x | 99.8x | 2x |
| Mon, 05 Oct 2020 | AU$5.1b | AU$3.0b | AU$54.9m | 15.7x | 93.1x | 1.7x |
| Thu, 09 Jul 2020 | AU$3.7b | AU$2.9b | AU$50.8m | 13.6x | 73.5x | 1.3x |
| Wed, 01 Apr 2020 | AU$2.7b | AU$2.8b | AU$35.0m | 16.4x | 75.9x | 0.9x |
| Sat, 04 Jan 2020 | AU$3.9b | AU$2.8b | AU$19.2m | 273.2x | 204x | 1.4x |
Price to Earnings Ratio
204x
Current Industry PE
- Investors are pessimistic on the Australian Electronic industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- Total earnings for the Electronic industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 13% 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 decreased profits.
Industry Trends
Which industries have driven the changes within the Australian Tech industry?
| AU Market | 1.01% | |
| Tech | 1.66% | |
| Electronic Equipment and Components | -0.091% | |
| Electronic Equipment and Instruments | 0.60% | |
| Electronic Components | 0.20% | |
| Electronic Manufacturing Services | -0.62% | |
| Technology Distributors | -0.80% | |
Industry PE
- Investors are most optimistic about the Technology Distributors industry, which is trading close to its 3-year average PE ratio of 27.6x.
- Analysts are expecting annual earnings growth of 13.5%, which is higher than its past year's earnings decline of 0.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 98% over the next 5 years.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ELS Elsight | AU$0.38 | 8.6% +AU$4.5m | 2.7% | PS56.1x | |
| AVA Ava Risk Group | AU$0.21 | 7.5% +AU$3.8m | -46.9% | PS2.9x | |
| CDA Codan | AU$3.92 | 0.5% +AU$3.6m | -61.0% | PE7x | |
| SMN Structural Monitoring Systems | AU$0.41 | 5.1% +AU$2.7m | -25.5% | PS3.5x | |
| SP3 Spectur | AU$0.034 | 13.3% +AU$767.8k | -63.0% | PS1.1x |