There Are Reasons To Feel Uneasy About Codan's (ASX:CDA) Returns On Capital
Jan 31
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Australian (ASX) Electronic Equipment and Instruments Industry Analysis
UpdatedFeb 01, 2026
DataAggregated Company Financials
Companies10
- 7D-3.8%
- 3M9.8%
- 1Y127.7%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 3.8%, driven by a pullback from Codan of 3.5%. Meanwhile, Rubicon Water actually outperformed within the industry, gaining 11% in the last week. In the past year, the industry has gained 128%. Looking forward, earnings are forecast to grow by 25% 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 |
|---|---|---|---|---|---|---|
| Mon, 02 Feb 2026 | AU$8.4b | AU$845.9m | -AU$13,691,341.80 | 370.4x | -611.8x | 9.9x |
| Wed, 31 Dec 2025 | AU$6.5b | AU$846.6m | -AU$17,627,226.38 | 308.8x | -368.5x | 7.7x |
| Fri, 28 Nov 2025 | AU$6.5b | AU$847.1m | -AU$20,338,767.25 | 309.8x | -320.4x | 7.7x |
| Sun, 26 Oct 2025 | AU$7.5b | AU$847.1m | -AU$20,601,620.70 | 154.9x | -365.3x | 8.9x |
| Tue, 23 Sep 2025 | AU$6.3b | AU$847.1m | -AU$19,212,047.88 | 309.8x | -325.6x | 7.4x |
| Thu, 21 Aug 2025 | AU$5.1b | AU$745.0m | -AU$50,680,414.49 | 31.9x | -101.6x | 6.9x |
| Sat, 19 Jul 2025 | AU$4.5b | AU$744.9m | -AU$48,988,512.94 | 26.4x | -92.8x | 6.1x |
| Mon, 16 Jun 2025 | AU$4.1b | AU$744.9m | -AU$49,531,495.30 | 27.5x | -83.5x | 5.6x |
| Wed, 14 May 2025 | AU$3.7b | AU$745.1m | -AU$51,042,402.72 | 25.2x | -72.3x | 5x |
| Fri, 11 Apr 2025 | AU$3.1b | AU$745.5m | -AU$55,677,426.02 | 22.6x | -55.9x | 4.2x |
| Sun, 09 Mar 2025 | AU$3.3b | AU$745.3m | -AU$53,049,076.65 | 23.5x | -62.1x | 4.4x |
| Tue, 04 Feb 2025 | AU$3.5b | AU$715.4m | -AU$24,907,022.61 | 36.3x | -141.6x | 4.9x |
| Thu, 02 Jan 2025 | AU$3.6b | AU$715.3m | -AU$24,855,476.09 | 35.9x | -142.9x | 5x |
| Sat, 30 Nov 2024 | AU$3.4b | AU$714.8m | -AU$21,139,440.74 | 34.9x | -161.9x | 4.8x |
| Mon, 28 Oct 2024 | AU$3.4b | AU$714.6m | -AU$20,099,138.28 | 34.3x | -170.3x | 4.8x |
| Wed, 25 Sep 2024 | AU$3.3b | AU$714.3m | -AU$17,573,358.90 | 35x | -188.8x | 4.6x |
| Fri, 23 Aug 2024 | AU$3.1b | AU$715.4m | -AU$12,277,547.15 | 32.1x | -253.6x | 4.4x |
| Sun, 21 Jul 2024 | AU$2.7b | AU$677.3m | -AU$18,331,386.59 | 29.1x | -148.5x | 4x |
| Tue, 18 Jun 2024 | AU$2.5b | AU$677.5m | -AU$19,117,607.02 | 26.9x | -130.5x | 3.7x |
| Thu, 16 May 2024 | AU$2.5b | AU$677.4m | -AU$18,789,244.37 | 26x | -135.4x | 3.8x |
| Sat, 13 Apr 2024 | AU$2.7b | AU$683.6m | -AU$27,409,604.07 | 25.8x | -98.4x | 3.9x |
| Mon, 11 Mar 2024 | AU$2.6b | AU$683.4m | -AU$26,012,906.59 | 25.2x | -98.9x | 3.8x |
| Wed, 07 Feb 2024 | AU$2.0b | AU$634.8m | -AU$51,206,428.27 | 21.5x | -39x | 3.1x |
| Fri, 05 Jan 2024 | AU$2.2b | AU$726.8m | -AU$49,150,160.00 | 20.4x | -45.4x | 3.1x |
| Sun, 03 Dec 2023 | AU$2.4b | AU$726.9m | -AU$49,815,175.00 | 21.6x | -47.5x | 3.3x |
| Tue, 31 Oct 2023 | AU$2.4b | AU$859.7m | -AU$102,867,850.00 | 20.2x | -23.5x | 2.8x |
| Thu, 28 Sep 2023 | AU$2.5b | AU$859.8m | -AU$102,807,786.00 | 19.6x | -24.7x | 3x |
| Sat, 26 Aug 2023 | AU$2.7b | AU$849.7m | -AU$104,626,437.00 | 18x | -26.1x | 3.2x |
| Mon, 24 Jul 2023 | AU$2.6b | AU$844.8m | -AU$100,276,171.00 | 137.7x | -26.1x | 3.1x |
| Wed, 21 Jun 2023 | AU$2.6b | AU$843.5m | -AU$99,004,385.00 | 120.8x | -26.4x | 3.1x |
| Fri, 19 May 2023 | AU$2.5b | AU$841.6m | -AU$120,795,361.00 | 111.1x | -20.8x | 3x |
| Sun, 16 Apr 2023 | AU$2.4b | AU$840.4m | -AU$119,339,635.00 | 108.7x | -19.8x | 2.8x |
| Tue, 14 Mar 2023 | AU$2.4b | AU$841.8m | -AU$120,972,128.00 | 111.3x | -19.5x | 2.8x |
| Thu, 09 Feb 2023 | AU$2.5b | AU$889.4m | -AU$87,897,760.00 | 98.3x | -29x | 2.9x |
Price to Earnings Ratio
-29x
Current Industry PE
- Investors are optimistic on the Australian Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 9.9x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have improved over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since losses are shrinking while sales have been flat.
Industry Comparison
How does Australian Electronic Equipment and Instruments compare with similar industries?
| AU Market | -0.40% | |
| Tech | -6.46% | |
| Electronic Equipment and Components | -3.62% | |
| Electronic Equipment and Instruments | -3.76% | |
| Technology Distributors | -2.22% | |
| Electronic Manufacturing Services | -5.65% | |
| Electronic Components | -10.23% | |
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 | |
|---|---|---|---|---|---|
| RWL Rubicon Water | AU$0.20 | 10.8% +AU$4.8m | -42.3% | PS0.7x | |
| SMN Structural Monitoring Systems | AU$0.41 | 5.1% +AU$3.1m | -15.3% | PE370.4x | |
| CT1 Constellation Technologies | AU$0.003 | 50.0% +AU$1.5m | 100.0% | PE464.7x | |
| X2M X2M Connect | AU$0.01 | 11.1% +AU$1.0m | -54.5% | PS1.6x | |
| SP3 Spectur | AU$0.029 | 7.4% +AU$826.4k | 107.1% | PS1.4x |
