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Australian (ASX) Electronic Equipment and Components Industry Analysis
UpdatedNov 27, 2021
DataAggregated Company Financials
Companies22
- 7D1.0%
- 3M19.8%
- 1Y83.7%
- YTD70.0%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably Novonix gained 9.3%. The past year has been better, since the industry has gained 84% in that time.
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 |
|---|---|---|---|---|
| Sat, 27 Nov 2021 | AU$11.2b | AU$3.2b | AU$97.0m | 16.7x |
| Mon, 25 Oct 2021 | AU$9.7b | AU$3.2b | AU$97.9m | 19.8x |
| Wed, 22 Sep 2021 | AU$9.2b | AU$3.2b | AU$97.2m | 20.5x |
| Fri, 20 Aug 2021 | AU$8.8b | AU$3.1b | AU$89.9m | 15.3x |
| Fri, 04 Jun 2021 | AU$7.7b | AU$3.1b | AU$71.4m | 19.3x |
| Mon, 08 Mar 2021 | AU$7.2b | AU$3.0b | AU$59.5m | 20.3x |
| Thu, 10 Dec 2020 | AU$5.8b | AU$3.0b | AU$54.9m | 21.7x |
| Wed, 02 Sep 2020 | AU$5.2b | AU$2.9b | AU$50.8m | 16.1x |
| Sat, 06 Jun 2020 | AU$3.7b | AU$2.8b | AU$35.0m | 21.7x |
| Tue, 10 Mar 2020 | AU$3.4b | AU$2.8b | AU$19.2m | 257.9x |
| Mon, 02 Dec 2019 | AU$3.8b | AU$2.7b | AU$2.8m | 37.6x |
| Thu, 05 Sep 2019 | AU$3.1b | AU$2.6b | -AU$12,579,068.22 | 27.6x |
| Sun, 09 Jun 2019 | AU$2.6b | AU$2.5b | AU$2.9m | 17.6x |
| Sat, 02 Mar 2019 | AU$2.0b | AU$2.4b | AU$17.7m | 16.5x |
| Tue, 04 Dec 2018 | AU$1.9b | AU$2.3b | AU$13.8m | 32.4x |
PE Ratio
32.4x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 16.7x which is lower than its 3-year average PE of 42.1x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Electronic industry have grown 92% per year over the last three years, and revenues for these companies have grown 12% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Electronic Equipment and Components industry?
| Electronic Components | 8.03% | |
| Electronic Equipment and Instruments | 3.42% | |
| Electronic Manufacturing Services | -2.46% | |
| Technology Distributors | -5.61% | |
Industry PE: Investors are most optimistic about the Electronic Equipment and Instruments industry even though it's trading below its 3-year average PE ratio of 22.2x. However analysts are expecting annual earnings growth of 45%, which is lower than the prior year's growth of 178% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 37.0x.
Forecasted Growth: Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 91% over the next 5 years. Meanwhile, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 45% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| NVX Novonix | 9.3%+AU$439.1m | 879.8% | PS986.1x | |
| BCT Bluechiip | 11.5%+AU$3.6m | -1.7% | PS725x | |
| ELS Elsight | 5.1%+AU$2.7m | -25.5% | PS24x | |
| HYD Hydrix | 4.0%+AU$883.6k | -53.6% | PS2.3x | |
| CT1 Constellation Technologies | 5.6%+AU$734.4k | -68.3% | PS9.6x |
