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Australian (ASX) Electronic Equipment and Components Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies14
  • 7D5.9%
  • 3M-5.6%
  • 1Y91.5%
  • YTD12.2%

Over the last 7 days, the Electronic Equipment and Components industry has risen 5.9%, driven by gains from Codan of 6.2%. During this same period, the Audinate Group underperformed, falling 5.1%. This means that the industry has gained 92% over the past year. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the Australian Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026AU$9.9bAU$3.7bAU$48.5m36.6x204.7x2.7x
Tue, 10 Mar 2026AU$9.9bAU$3.7bAU$47.5m37x208.3x2.7x
Thu, 05 Feb 2026AU$10.5bAU$3.4bAU$59.5m65.1x176.5x3x
Sat, 03 Jan 2026AU$8.8bAU$3.4bAU$54.6m51x161.6x2.6x
Mon, 01 Dec 2025AU$9.0bAU$3.4bAU$52.4m54.2x171.2x2.6x
Wed, 29 Oct 2025AU$10.0bAU$3.4bAU$52.5m62.9x189.6x2.9x
Fri, 26 Sep 2025AU$8.5bAU$3.4bAU$53.1m52x159.6x2.5x
Sun, 24 Aug 2025AU$8.2bAU$3.3bAU$37.8m20.3x217.2x2.5x
Tue, 22 Jul 2025AU$6.8bAU$3.2bAU$20.6m30.4x329.1x2.1x
Thu, 19 Jun 2025AU$6.3bAU$3.2bAU$20.1m29.4x314.2x2x
Sat, 17 May 2025AU$5.9bAU$3.2bAU$18.7m27x317.1x1.9x
Mon, 14 Apr 2025AU$5.1bAU$3.2bAU$16.1m23.8x317.2x1.6x
Wed, 12 Mar 2025AU$5.4bAU$3.2bAU$15.9m25x341.9x1.7x
Fri, 07 Feb 2025AU$5.8bAU$3.1bAU$55.7m28.3x104.8x1.9x
Sun, 05 Jan 2025AU$5.8bAU$3.1bAU$55.0m27.6x105.4x1.8x
Tue, 03 Dec 2024AU$5.8bAU$3.1bAU$52.8m27.3x110x1.8x
Thu, 31 Oct 2024AU$5.8bAU$3.1bAU$53.9m27.2x108.3x1.9x
Sat, 28 Sep 2024AU$6.1bAU$3.1bAU$57.4m28.7x106x1.9x
Mon, 26 Aug 2024AU$6.0bAU$3.2bAU$67.5m28.1x88.9x1.9x
Wed, 24 Jul 2024AU$5.9bAU$3.1bAU$66.0m25.9x90x1.9x
Fri, 21 Jun 2024AU$5.8bAU$3.1bAU$66.5m24.6x87x1.9x
Sun, 19 May 2024AU$5.8bAU$3.1bAU$66.8m23.3x86.7x1.9x
Tue, 16 Apr 2024AU$6.4bAU$3.1bAU$57.2m24.9x111.1x2x
Thu, 14 Mar 2024AU$6.7bAU$4.0bAU$52.9m25.7x126.1x1.7x
Sat, 10 Feb 2024AU$5.6bAU$3.9bAU$32.8m24.8x169.3x1.4x
Mon, 08 Jan 2024AU$5.7bAU$4.1bAU$26.5m21.8x214.8x1.4x
Wed, 06 Dec 2023AU$5.7bAU$4.1bAU$24.6m22.3x229.4x1.4x
Fri, 03 Nov 2023AU$5.4bAU$4.1bAU$23.1m21.4x231.9x1.3x
Sun, 01 Oct 2023AU$5.4bAU$4.2b-AU$25,781,633.0021.1x-211.3x1.3x
Tue, 29 Aug 2023AU$5.2bAU$4.2b-AU$31,114,604.0019.6x-167.5x1.2x
Thu, 27 Jul 2023AU$4.7bAU$4.2b-AU$38,710,166.0019.1x-121.9x1.1x
Sat, 24 Jun 2023AU$4.7bAU$4.2b-AU$40,165,917.0019.6x-117.4x1.1x
Mon, 22 May 2023AU$4.9bAU$4.2b-AU$67,775,353.0021.7x-72.8x1.2x
Wed, 19 Apr 2023AU$4.7bAU$4.2b-AU$65,599,212.0020.4x-70.9x1.1x
Price to Earnings Ratio

-70.9x


Total Market Cap: AU$4.7bTotal Earnings: -AU$65,599,212.00Total Revenue: AU$4.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Electronic Equipment and Components Industry Price to Earnings3Y Average 123.9x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Electronic industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 205x which is higher than its 3-year average PE of 124x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • Total earnings for the Electronic industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 3.9% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Australian Tech industry?

AU Market4.32%
Tech2.30%
Electronic Equipment and Components5.88%
Electronic Components13.33%
Electronic Equipment and Instruments6.66%
Technology Distributors3.22%
Electronic Manufacturing Services-5.08%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry even though it's trading below its 3-year average PE ratio of 22.0x.
    • Analysts are expecting annual earnings growth of 7.4%, which is lower than the prior year's growth of 8.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 45% over the next 5 years.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 7.4% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CDA CodanAU$34.006.2%
+AU$360.1m		135.6%PE48.1x
ELS ElsightAU$6.768.2%
+AU$112.4m		1,678.9%PE140.9x
DDR Dicker DataAU$8.593.2%
+AU$48.9m		7.4%PE18.2x
NVX NOVONIXAU$0.2811.8%
+AU$25.8m		-21.9%PS30.9x
NVU NanoveuAU$0.06813.3%
+AU$8.6m		94.3%PS246.9x

Latest News

NVU
AU$0.068
Nanoveu
7D
13.3%
1Y
94.3%
CDA
AU$34.00
Codan
7D
6.2%
1Y
135.6%

CDA: Premium Case Will Be Tested By Execution Risk In Unmanned

Narrative update on Codan Analysts have lifted their price target on Codan to A$38.50. This reflects updated assumptions for discount rate, revenue growth, profit margin and P/E, and cites confidence that the medium term growth profile and potential outperformance in the Minelab Africa and Unmanned segments support a premium valuation.
AD8
AU$2.43
Audinate Group
7D
-5.1%
1Y
-58.4%

AD8: Index Reclassification And Revised Assumptions Will Support A More Attractive Outlook

Analysts have reduced their price target on Audinate Group from A$3.20 to A$3.00. This reflects updated views on fair value, discount rate, revenue growth, profit margins and future P/E assumptions.
RKT
AU$0.022
RocketDNA
7D
4.8%
1Y
120.0%
X2M
AU$0.0045
X2M Connect
7D
-10.0%
1Y
-76.3%
ELS
AU$6.76
Elsight
7D
8.2%
1Y
1,678.9%
DDR
AU$8.59
Dicker Data
7D
3.2%
1Y
7.4%
RWL
AU$0.15
Rubicon Water
7D
9.5%
1Y
-40.0%
NVX
AU$0.28
NOVONIX
7D
11.8%
1Y
-21.9%
DTZ
AU$0.032
Dotz Nano
7D
-5.9%
1Y
-56.8%
DTI
AU$0.01
DTI Group
7D
25.0%
1Y
25.0%