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Australian (ASX) Electronic Equipment and Components Industry Analysis

UpdatedMar 29, 2026
DataAggregated Company Financials
Companies14
  • 7D-3.0%
  • 3M5.7%
  • 1Y63.0%
  • YTD5.6%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.0%, driven by a pullback from Codan of 3.5%. On the other hand Audinate Group is actually up 5.8%. This takes the industry's 12 month performance to a gain of 63%. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 29 Mar 2026AU$9.3bAU$3.7bAU$44.9m35.1x208.2x2.5x
Tue, 24 Feb 2026AU$9.8bAU$3.5bAU$76.9m49.1x127.4x2.8x
Thu, 22 Jan 2026AU$10.6bAU$3.4bAU$55.5m67.3x191.3x3.1x
Sat, 20 Dec 2025AU$8.7bAU$3.4bAU$53.3m49.8x162.4x2.5x
Mon, 17 Nov 2025AU$8.7bAU$3.4bAU$52.2m54.2x166.7x2.5x
Wed, 15 Oct 2025AU$9.8bAU$3.4bAU$50.6m58.9x194x2.9x
Fri, 12 Sep 2025AU$8.8bAU$3.4bAU$53.3m54.4x164.2x2.5x
Sun, 10 Aug 2025AU$7.5bAU$3.2bAU$20.8m34.3x362.2x2.4x
Tue, 08 Jul 2025AU$6.3bAU$3.2bAU$20.3m29.3x311.1x2x
Thu, 05 Jun 2025AU$6.1bAU$3.2bAU$19.9m27.9x305.4x1.9x
Sat, 03 May 2025AU$5.6bAU$3.2bAU$18.9m26.1x293.9x1.7x
Mon, 31 Mar 2025AU$5.6bAU$3.2bAU$15.8m26x354.5x1.8x
Wed, 26 Feb 2025AU$5.8bAU$3.2bAU$57.7m25.8x99.9x1.8x
Fri, 24 Jan 2025AU$5.7bAU$3.1bAU$55.7m27.2x101.9x1.8x
Sun, 22 Dec 2024AU$5.7bAU$3.1bAU$49.7m27.4x114.7x1.8x
Tue, 19 Nov 2024AU$5.9bAU$3.1bAU$52.4m27.2x112x1.9x
Thu, 17 Oct 2024AU$6.1bAU$3.1bAU$55.1m28.2x110.8x1.9x
Sat, 14 Sep 2024AU$5.6bAU$3.1bAU$55.4m26.7x101.9x1.8x
Mon, 12 Aug 2024AU$5.2bAU$3.1bAU$65.4m25x79.5x1.7x
Wed, 10 Jul 2024AU$5.9bAU$3.1bAU$67.3m26x88.3x1.9x
Fri, 07 Jun 2024AU$5.6bAU$3.1bAU$66.4m23.5x84.5x1.8x
Sun, 05 May 2024AU$6.2bAU$3.1bAU$65.8m24.7x93.9x2x
Tue, 02 Apr 2024AU$6.4bAU$3.1bAU$57.7m25x111.3x2x
Thu, 29 Feb 2024AU$6.5bAU$4.0bAU$43.8m26.6x148.2x1.6x
Sat, 27 Jan 2024AU$5.7bAU$4.1bAU$24.9m21.5x229x1.4x
Mon, 25 Dec 2023AU$5.7bAU$4.1bAU$27.5m22.7x208.3x1.4x
Wed, 22 Nov 2023AU$5.6bAU$4.1bAU$24.6m21.9x225.2x1.3x
Fri, 20 Oct 2023AU$5.5bAU$4.2b-AU$28,309,928.0021.8x-195x1.3x
Sun, 17 Sep 2023AU$5.6bAU$4.2b-AU$25,731,089.0021.4x-216.6x1.3x
Tue, 15 Aug 2023AU$4.9bAU$4.2b-AU$44,164,269.0020.8x-111.1x1.2x
Thu, 13 Jul 2023AU$4.8bAU$4.2b-AU$40,129,319.0019.8x-119.2x1.1x
Sat, 10 Jun 2023AU$5.0bAU$4.2b-AU$47,657,680.0021.1x-105.6x1.2x
Mon, 08 May 2023AU$4.8bAU$4.2b-AU$65,391,440.0020x-73x1.1x
Wed, 05 Apr 2023AU$4.6bAU$4.2b-AU$65,216,473.0020.4x-69.9x1.1x
Price to Earnings Ratio

-69.9x


Total Market Cap: AU$4.6bTotal Earnings: -AU$65,216,473.00Total Revenue: AU$4.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Electronic Equipment and Components Industry Price to Earnings3Y Average 120.4x202420252026
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 120x.
  • 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 3.8% 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 Market0.78%
Tech-4.27%
Electronic Equipment and Components-2.95%
Electronic Manufacturing Services5.81%
Technology Distributors-0.32%
Electronic Equipment and Instruments-3.68%
Electronic Components-6.35%
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
AD8 Audinate GroupAU$2.555.8%
+AU$11.8m		-60.4%PS3.3x
DTZ Dotz NanoAU$0.03624.1%
+AU$4.9m		-46.3%PS60x
NVX NOVONIXAU$0.271.9%
+AU$4.3m		-43.8%PS28.5x
TZL TZAU$0.04128.1%
+AU$2.9m		-35.9%PS1.3x
AVA AVA Risk GroupAU$0.0516.3%
+AU$873.3k		-43.3%PS0.5x

Latest News

AMO
AU$0.14
Ambertech
7D
3.8%
1Y
-12.9%
DDR
AU$8.54
Dicker Data
7D
-0.4%
1Y
1.3%

DDR: Upcoming Fully Franked Dividend Will Support A Positive Total Return Outlook

Analysts have maintained their fair value estimate for Dicker Data at A$11.14. Only minor adjustments to inputs such as the discount rate, profit margin, and future P/E assumptions have been made, resulting in an unchanged price target.
CDA
AU$32.37
Codan
7D
-3.5%
1Y
101.6%

CDA: Future Returns Will Reflect Minelab Africa And Unmanned Segment Upside

Analysts have lifted their Codan price target from A$31.74 to A$36.90, citing a higher assumed profit margin and premium P/E multiple as they factor in improving prospects for the Minelab Africa and Unmanned segments. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher assumed profit margin as a key reason for assigning a premium P/E multiple, suggesting the current valuation reflects confidence in Codan's ability to convert revenue into earnings more efficiently.
AD8
AU$2.55
Audinate Group
7D
5.8%
1Y
-60.4%

AD8: Higher Profit Margin Assumptions And Lower P/E Will Support Upside

Analysts have reduced their fair value estimate for Audinate Group from A$13.97 to A$13.32 as they incorporate updated assumptions for the discount rate, revenue growth, profit margins and future P/E multiples. Valuation Changes Fair Value: Reduced slightly from A$13.97 to A$13.32.
AVA
AU$0.051
AVA Risk Group
7D
6.3%
1Y
-43.3%
TZL
AU$0.041
TZ
7D
28.1%
1Y
-35.9%
RWL
AU$0.15
Rubicon Water
7D
-3.2%
1Y
-46.4%
ELS
AU$5.60
Elsight
7D
-5.1%
1Y
1,477.5%
NVX
AU$0.27
NOVONIX
7D
1.9%
1Y
-43.8%
NVU
AU$0.059
Nanoveu
7D
-6.3%
1Y
40.5%
DTZ
AU$0.036
Dotz Nano
7D
24.1%
1Y
-46.3%
RKT
AU$0.019
RocketDNA
7D
-13.6%
1Y
72.7%
SMN
AU$0.38
Structural Monitoring Systems
7D
-6.3%
1Y
-9.6%

Returns Are Gaining Momentum At Structural Monitoring Systems (ASX:SMN)

Feb 11
Returns Are Gaining Momentum At Structural Monitoring Systems (ASX:SMN)
DTI
AU$0.009
DTI Group
7D
-10.0%
1Y
12.5%