Returns Are Gaining Momentum At Structural Monitoring Systems (ASX:SMN)
Feb 11
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- 7D0.4%
- 3M6.4%
- 1Y77.9%
- YTD5.9%
The Electronic Equipment and Components is pretty flat in the last 7 days, but Elsight has stood out, gaining 12%. As for the the longer term, the industry is up 78% over the past 12 months. Looking forward, earnings are forecast to grow by 18% 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, 07 Apr 2026 | AU$9.4b | AU$3.7b | AU$45.1m | 35.2x | 207.7x | 2.5x |
| Thu, 05 Mar 2026 | AU$10.0b | AU$3.7b | AU$48.4m | 38.7x | 207.5x | 2.7x |
| Sat, 31 Jan 2026 | AU$10.7b | AU$3.4b | AU$59.4m | 66.8x | 179.2x | 3.1x |
| Mon, 29 Dec 2025 | AU$8.8b | AU$3.4b | AU$55.0m | 51.1x | 160.3x | 2.6x |
| Wed, 26 Nov 2025 | AU$8.6b | AU$3.4b | AU$50.7m | 52.7x | 170.1x | 2.5x |
| Fri, 24 Oct 2025 | AU$9.8b | AU$3.4b | AU$51.7m | 60.9x | 190x | 2.8x |
| Sun, 21 Sep 2025 | AU$8.5b | AU$3.4b | AU$53.2m | 52.7x | 160.3x | 2.5x |
| Tue, 19 Aug 2025 | AU$7.5b | AU$3.2b | AU$20.6m | 34.7x | 361.8x | 2.3x |
| Thu, 17 Jul 2025 | AU$6.5b | AU$3.2b | AU$20.8m | 29.1x | 310.1x | 2x |
| Sat, 14 Jun 2025 | AU$6.3b | AU$3.2b | AU$19.7m | 29.1x | 319x | 2x |
| Mon, 12 May 2025 | AU$5.8b | AU$3.2b | AU$18.6m | 27x | 312x | 1.8x |
| Wed, 09 Apr 2025 | AU$5.0b | AU$3.2b | AU$10.4m | 23.5x | 482.2x | 1.6x |
| Fri, 07 Mar 2025 | AU$5.7b | AU$3.2b | AU$16.8m | 26.1x | 339.4x | 1.8x |
| Sun, 02 Feb 2025 | AU$5.8b | AU$3.1b | AU$55.0m | 27.6x | 104.7x | 1.8x |
| Tue, 31 Dec 2024 | AU$5.8b | AU$3.1b | AU$55.4m | 27.7x | 105.2x | 1.9x |
| Thu, 28 Nov 2024 | AU$5.8b | AU$3.1b | AU$52.7m | 27.3x | 110.5x | 1.9x |
| Sat, 26 Oct 2024 | AU$5.8b | AU$3.1b | AU$54.5m | 26.9x | 106.4x | 1.8x |
| Mon, 23 Sep 2024 | AU$5.8b | AU$3.1b | AU$56.6m | 27.5x | 102x | 1.8x |
| Wed, 21 Aug 2024 | AU$5.6b | AU$3.1b | AU$60.3m | 26.9x | 93.6x | 1.8x |
| Fri, 19 Jul 2024 | AU$5.9b | AU$3.1b | AU$67.3m | 25.7x | 87.4x | 1.9x |
| Sun, 16 Jun 2024 | AU$5.8b | AU$3.1b | AU$65.9m | 24.4x | 87.9x | 1.9x |
| Tue, 14 May 2024 | AU$6.1b | AU$3.1b | AU$65.8m | 24.7x | 92x | 1.9x |
| Thu, 11 Apr 2024 | AU$6.5b | AU$3.1b | AU$58.9m | 25.1x | 109.9x | 2.1x |
| Sat, 09 Mar 2024 | AU$6.6b | AU$4.0b | AU$53.3m | 25.7x | 123.1x | 1.6x |
| Mon, 05 Feb 2024 | AU$5.5b | AU$4.1b | AU$17.7m | 24.6x | 309.9x | 1.3x |
| Wed, 03 Jan 2024 | AU$5.8b | AU$4.1b | AU$27.5m | 22.6x | 212.9x | 1.4x |
| Fri, 01 Dec 2023 | AU$5.8b | AU$4.1b | AU$25.1m | 24.3x | 231.3x | 1.4x |
| Sun, 29 Oct 2023 | AU$5.4b | AU$4.2b | -AU$27,888,728.00 | 21.3x | -192.9x | 1.3x |
| Tue, 26 Sep 2023 | AU$5.4b | AU$4.2b | -AU$25,680,544.00 | 21.4x | -211.3x | 1.3x |
| Thu, 24 Aug 2023 | AU$5.3b | AU$4.2b | -AU$26,980,501.00 | 19.7x | -197.3x | 1.3x |
| Sat, 22 Jul 2023 | AU$4.8b | AU$4.2b | -AU$38,884,981.00 | 19.3x | -122.4x | 1.1x |
| Mon, 19 Jun 2023 | AU$5.0b | AU$4.2b | -AU$36,533,548.00 | 20.2x | -137x | 1.2x |
| Wed, 17 May 2023 | AU$4.9b | AU$4.2b | -AU$66,977,069.00 | 21.8x | -73.8x | 1.2x |
| Fri, 14 Apr 2023 | AU$4.6b | AU$4.2b | -AU$65,872,596.00 | 20.6x | -70.4x | 1.1x |
Price to Earnings Ratio
-70.4x
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 208x which is higher than its 3-year average PE of 122x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.5x.
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 Market | 0.63% | |
| Tech | -0.96% | |
| Electronic Equipment and Components | 0.37% | |
| Electronic Components | 1.69% | |
| Electronic Equipment and Instruments | 0.97% | |
| Electronic Manufacturing Services | 0.39% | |
| Technology Distributors | -2.62% | |
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 41% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ELS Elsight | AU$6.25 | 14.9% +AU$178.6m | 1,685.7% | PE127.4x | |
| CDA Codan | AU$32.02 | 2.4% +AU$138.2m | 128.4% | PE45.3x | |
| SMN Structural Monitoring Systems | AU$0.39 | 6.9% +AU$3.9m | 22.2% | PE25.1x | |
| NVU Nanoveu | AU$0.06 | 3.4% +AU$2.2m | 87.5% | PS217.8x | |
| RKT RocketDNA | AU$0.021 | 5.0% +AU$1.2m | 133.3% | PS3.3x |