Narrative Update • Sep 04
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Australian (ASX) Electronic Equipment and Instruments Industry Analysis
UpdatedSep 16, 2026
DataAggregated Company Financials
Companies9
- 7D-0.8%
- 3M-3.4%
- 1Y46.2%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 2.9%, driven by Elsight declining 7.0%. In contrast, NOVONIX has gained 16%. In the past year, the industry has gained 44%. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Australian Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 16 Sep 2026 | AU$9.5b | AU$1.1b | AU$27.8m | 47.3x | 343.8x | 8.8x |
| Fri, 14 Aug 2026 | AU$9.8b | AU$946.7m | -AU$12,949,998.87 | 62.6x | -755x | 10.3x |
| Sun, 12 Jul 2026 | AU$9.9b | AU$947.3m | -AU$14,740,052.39 | 61.2x | -669.3x | 10.4x |
| Tue, 09 Jun 2026 | AU$10.0b | AU$956.7m | -AU$14,032,838.54 | 61.8x | -711.7x | 10.4x |
| Thu, 07 May 2026 | AU$9.2b | AU$955.4m | -AU$10,207,778.98 | 56.6x | -900.2x | 9.6x |
| Sat, 04 Apr 2026 | AU$7.6b | AU$957.6m | -AU$16,741,474.35 | 45.3x | -452.2x | 7.9x |
| Mon, 02 Mar 2026 | AU$8.0b | AU$959.8m | -AU$7,873,727.82 | 50.2x | -1013.6x | 8.3x |
| Wed, 28 Jan 2026 | AU$8.8b | AU$846.0m | -AU$14,182,462.72 | 309.8x | -618.8x | 10.4x |
| Fri, 26 Dec 2025 | AU$6.5b | AU$846.6m | -AU$17,599,557.60 | 309.8x | -370.7x | 7.7x |
| Sun, 23 Nov 2025 | AU$6.1b | AU$847.3m | -AU$21,493,939.00 | 309.8x | -281.8x | 7.1x |
| Tue, 21 Oct 2025 | AU$7.1b | AU$847.2m | -AU$20,947,480.51 | 309.8x | -338.4x | 8.4x |
| Thu, 18 Sep 2025 | AU$6.4b | AU$846.9m | -AU$18,036,124.54 | 309.8x | -352.8x | 7.5x |
| Sat, 16 Aug 2025 | AU$5.3b | AU$744.9m | -AU$49,169,507.06 | 32.4x | -108.4x | 7.2x |
| Mon, 14 Jul 2025 | AU$4.0b | AU$744.8m | -AU$48,004,849.26 | 26.7x | -84.3x | 5.4x |
| Wed, 11 Jun 2025 | AU$4.0b | AU$744.9m | -AU$49,161,637.75 | 26.5x | -80.5x | 5.3x |
| Fri, 09 May 2025 | AU$3.5b | AU$745.1m | -AU$50,963,709.63 | 24.6x | -69.6x | 4.8x |
| Sun, 06 Apr 2025 | AU$3.1b | AU$745.8m | -AU$58,659,894.32 | 22.7x | -53.7x | 4.2x |
| Tue, 04 Mar 2025 | AU$3.3b | AU$758.8m | -AU$61,318,748.14 | 21.2x | -53.2x | 4.3x |
| Thu, 30 Jan 2025 | AU$3.6b | AU$715.3m | -AU$24,391,557.43 | 36.5x | -145.7x | 5x |
| Sat, 28 Dec 2024 | AU$3.6b | AU$715.3m | -AU$24,489,964.42 | 36.5x | -146.2x | 5x |
| Mon, 25 Nov 2024 | AU$3.5b | AU$714.8m | -AU$21,242,533.77 | 35.5x | -163.9x | 4.9x |
| Wed, 23 Oct 2024 | AU$3.5b | AU$714.5m | -AU$19,241,591.66 | 35.4x | -182.9x | 4.9x |
| Fri, 20 Sep 2024 | AU$3.3b | AU$714.3m | -AU$17,685,824.03 | 34.2x | -184.2x | 4.6x |
| Sun, 18 Aug 2024 | AU$2.8b | AU$677.4m | -AU$18,465,506.54 | 30.7x | -151.5x | 4.1x |
| Tue, 16 Jul 2024 | AU$2.7b | AU$677.2m | -AU$17,327,799.32 | 29x | -155.5x | 4x |
| Thu, 13 Jun 2024 | AU$2.5b | AU$677.5m | -AU$19,038,984.98 | 25.9x | -130.5x | 3.7x |
| Sat, 11 May 2024 | AU$2.6b | AU$677.5m | -AU$19,122,231.85 | 26.4x | -136.7x | 3.9x |
| Mon, 08 Apr 2024 | AU$2.6b | AU$683.4m | -AU$26,447,640.24 | 25.2x | -98.1x | 3.8x |
| Wed, 06 Mar 2024 | AU$2.6b | AU$682.9m | -AU$27,395,729.59 | 25.2x | -93.8x | 3.8x |
| Fri, 02 Feb 2024 | AU$2.1b | AU$727.1m | -AU$51,688,828.00 | 20.6x | -41x | 2.9x |
| Sun, 31 Dec 2023 | AU$2.3b | AU$726.7m | -AU$48,157,916.00 | 21x | -47.6x | 3.2x |
| Tue, 28 Nov 2023 | AU$2.3b | AU$727.0m | -AU$50,654,360.00 | 20.7x | -45.2x | 3.1x |
| Thu, 26 Oct 2023 | AU$2.5b | AU$860.5m | -AU$103,651,282.00 | 20.7x | -23.8x | 2.9x |
| Sat, 23 Sep 2023 | AU$2.5b | AU$858.2m | -AU$101,299,891.00 | 18.9x | -25.1x | 3x |
Price to Earnings Ratio
-25.1x
Current Industry PE
- Investors are optimistic on the Australian Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 339x which is higher than its 3-year average PE of -230x.
- The 3-year average PS ratio of 5.9x is lower than the industry's current PS ratio of 8.7x.
Past Earnings Growth
- Total earnings for the Electronic Equipment and Instruments industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 8.0% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Electronic Equipment and Instruments compare with similar industries?
| AU Market | -2.87% | |
| Tech | -4.92% | |
| Electronic Equipment and Components | 0.077% | |
| Electronic Equipment and Instruments | -0.77% | |
| Technology Distributors | 3.62% | |
| Electronic Components | -0.85% | |
| Electronic Manufacturing Services | -4.38% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CDA Codan | AU$48.94 | 6.5% +AU$540.2m | 60.8% | PE50.8x | |
| NVX NOVONIX | AU$0.11 | 12.2% +AU$12.0m | -75.8% | PS13.9x | |
| RWL Rubicon Water | AU$0.19 | 18.8% +AU$7.2m | 22.6% | PS0.7x | |
| TZL TZ | AU$0.033 | 26.9% +AU$2.5m | -15.4% | PS1.2x |