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Australian (ASX) Electronic Equipment and Components Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies14
  • 7D-5.5%
  • 3M11.0%
  • 1Y73.9%
  • YTD11.8%

Last week, the Electronic Equipment and Components industry hasn't moved much but Elsight is up 11% in that time. The past year has been better, since the industry has gained 79% in that time. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Fri, 17 Mar 2023AU$4.4bAU$4.2b-AU$59,748,517.0020.1x-74.4x1.1x
Price to Earnings Ratio

-74.4x


Total Market Cap: AU$4.4bTotal Earnings: -AU$59,748,517.00Total Revenue: AU$4.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Electronic Equipment and Components Industry Price to Earnings3Y Average 115.5x202420252026
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 214x which is higher than its 3-year average PE of 116x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.8x.
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-6.36%
Tech0.69%
Electronic Equipment and Components-5.54%
Electronic Components0%0
Electronic Equipment and Instruments-4.75%
Electronic Manufacturing Services-4.76%
Technology Distributors-9.55%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry even though it's trading below its 3-year average PE ratio of 22.1x.
    • 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?

CompanyLast Price7D1YValuation
ELS ElsightAU$5.6812.5%
+AU$138.5m		1,522.9%PE118x
NVU NanoveuAU$0.0676.3%
+AU$4.3m		24.1%PS243.3x
X2M X2M ConnectAU$0.005510.0%
+AU$1.9m		-73.8%PS0.9x
CT1 Constellation TechnologiesAU$0.00350.0%
+AU$1.5m		50.0%PS2.5x
RWL Rubicon WaterAU$0.182.9%
+AU$1.2m		-23.4%PS0.7x

Latest News

AMO
AU$0.14
Ambertech
7D
3.8%
1Y
-18.2%
AD8
AU$2.88
Audinate Group
7D
-0.7%
1Y
-59.3%

AD8: Higher Margins And Discount Assumptions Will Support Future Upside Potential

Analysts have reduced their price target for Audinate Group to A$6.58 from A$8.46, as updated assumptions around discount rates, revenue growth, profit margins and a lower future P/E have shifted their view of the company’s valuation. Valuation Changes Fair Value: reduced from A$8.46 to A$6.58, indicating a lower central estimate of the company’s worth per share under the updated assumptions.
DDR
AU$8.96
Dicker Data
7D
-2.5%
1Y
3.9%
RWL
AU$0.18
Rubicon Water
7D
2.9%
1Y
-23.4%
ELS
AU$5.68
Elsight
7D
12.5%
1Y
1,522.9%
NVX
AU$0.30
NOVONIX
7D
-7.6%
1Y
-24.7%
NVU
AU$0.067
Nanoveu
7D
6.3%
1Y
24.1%
X2M
AU$0.0055
X2M Connect
7D
10.0%
1Y
-73.8%
DTZ
AU$0.032
Dotz Nano
7D
-13.5%
1Y
-60.0%
CDA
AU$35.33
Codan
7D
-6.0%
1Y
137.1%

CDA: Premium P/E Will Likely Strain On Reliance On Two Growth Engines

Narrative Update on Codan Analysts have lifted their price target for Codan by A$1.22 to reflect a slightly higher fair value estimate, supported by expectations that Minelab Africa and the Unmanned segment can continue to outperform and support a premium P/E multiple. Analyst Commentary Goldman Sachs has resumed coverage on Codan with a Buy rating and an A$38.50 price target, pointing to what it sees as a supportive medium term growth profile and the potential for Minelab Africa and the Unmanned segment to keep outperforming expectations.
SMN
AU$0.39
Structural Monitoring Systems
7D
-1.3%
1Y
11.4%

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Feb 11
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CT1
AU$0.003
Constellation Technologies
7D
50.0%
1Y
50.0%
DTI
AU$0.012
DTI Group
7D
-14.3%
1Y
9.1%
HYD
AU$0.013
Hydrix
7D
-18.8%
1Y
-27.8%