Hammond Power Solutions (TSE:HPS.A) Is Paying Out A Larger Dividend Than Last Year
Sep 11
Canadian (TSX) Electrical Components Industry Analysis
UpdatedSep 27, 2023
DataAggregated Company Financials
Companies17
- 7D-8.1%
- 3M-12.9%
- 1Y-25.1%
- YTD-10.6%
Over the last 7 days, the Electrical Components industry has dropped 6.5%, driven by a pullback from Ballard Power Systems of 9.5%. In contrast, FuelPositive has gained 21%. However, the industry is down 23% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Canadian Electrical Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | CA$2.9b | CA$1.1b | -CA$271,846,122.00 | 9.9x | -10.8x | 2.7x |
| Fri, 25 Aug 2023 | CA$3.1b | CA$1.1b | -CA$263,986,618.00 | 10.7x | -11.7x | 2.9x |
| Sun, 23 Jul 2023 | CA$3.3b | CA$1.0b | -CA$290,677,506.00 | 11.8x | -11.5x | 3.2x |
| Tue, 20 Jun 2023 | CA$3.1b | CA$1.0b | -CA$290,563,713.00 | 10.6x | -10.8x | 3.1x |
| Thu, 18 May 2023 | CA$3.3b | CA$1.0b | -CA$303,794,179.00 | 10x | -10.7x | 3.1x |
| Sat, 15 Apr 2023 | CA$3.4b | CA$988.2m | -CA$333,598,652.00 | 9.8x | -10.2x | 3.4x |
| Mon, 13 Mar 2023 | CA$3.6b | CA$1.0b | -CA$345,884,753.00 | 9.3x | -10.3x | 3.5x |
| Wed, 08 Feb 2023 | CA$3.7b | CA$943.6m | -CA$342,650,494.00 | 7.3x | -10.7x | 3.9x |
| Fri, 06 Jan 2023 | CA$2.9b | CA$940.9m | -CA$337,425,263.00 | 6.8x | -8.7x | 3.1x |
| Sun, 04 Dec 2022 | CA$3.5b | CA$939.8m | -CA$332,011,337.00 | 8.4x | -10.5x | 3.7x |
| Tue, 01 Nov 2022 | CA$3.1b | CA$935.1m | -CA$310,670,272.00 | 7.7x | -9.9x | 3.3x |
| Thu, 29 Sep 2022 | CA$3.5b | CA$881.4m | -CA$318,791,576.00 | 6.5x | -11.1x | 4x |
| Sat, 27 Aug 2022 | CA$3.9b | CA$873.3m | -CA$309,301,309.00 | 6.7x | -12.7x | 4.5x |
| Mon, 25 Jul 2022 | CA$3.4b | CA$814.4m | -CA$254,066,608.00 | 5.8x | -13.3x | 4.2x |
| Wed, 22 Jun 2022 | CA$3.2b | CA$815.1m | -CA$254,928,795.00 | 6.1x | -12.5x | 3.9x |
| Fri, 20 May 2022 | CA$3.4b | CA$813.9m | -CA$252,718,389.00 | 7.4x | -13.4x | 4.2x |
| Sun, 17 Apr 2022 | CA$4.6b | CA$745.4m | -CA$190,761,800.00 | 7.3x | -23.9x | 6.1x |
| Tue, 15 Mar 2022 | CA$4.5b | CA$710.9m | -CA$185,643,261.00 | 7.5x | -24.3x | 6.4x |
| Thu, 10 Feb 2022 | CA$4.4b | CA$682.1m | -CA$142,355,220.00 | 9x | -31.2x | 6.5x |
| Sat, 08 Jan 2022 | CA$5.3b | CA$682.0m | -CA$138,153,768.00 | 8.5x | -38.4x | 7.8x |
| Mon, 06 Dec 2021 | CA$6.0b | CA$681.6m | -CA$138,841,016.00 | 8.5x | -43x | 8.8x |
| Wed, 03 Nov 2021 | CA$7.6b | CA$677.0m | -CA$102,409,972.00 | 8.2x | -74.6x | 11.3x |
| Fri, 01 Oct 2021 | CA$6.1b | CA$651.3m | -CA$104,762,177.00 | 7.7x | -58.6x | 9.4x |
| Sun, 29 Aug 2021 | CA$6.6b | CA$648.8m | -CA$81,571,327.41 | 8.4x | -81.5x | 10.2x |
| Mon, 05 Jul 2021 | CA$7.2b | CA$648.8m | -CA$81,571,327.41 | 7.4x | -88.8x | 11.2x |
| Thu, 08 Apr 2021 | CA$9.8b | CA$624.7m | -CA$63,895,422.29 | 6.1x | -154.1x | 15.8x |
| Sun, 10 Jan 2021 | CA$8.6b | CA$634.0m | -CA$41,618,221.80 | 5.7x | -206.2x | 13.5x |
| Sat, 03 Oct 2020 | CA$5.0b | CA$663.3m | -CA$41,030,656.25 | 5x | -122.9x | 7.6x |
Price to Earnings Ratio
-122.9x
Current Industry PE
- Investors are pessimistic on the Canadian Electrical Components and Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 7.4x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Electrical Components and Equipment industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 17% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Canadian Electrical Components compare with similar industries?
| CA Market | -2.74% | |
| Industrials | -2.90% | |
| Electrical | -8.03% | |
| Electrical Components | -8.11% | |
| Heavy Electrical Equipment | 0% | |
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 | |
|---|---|---|---|---|---|
| ELVA Electrovaya | CA$3.94 | 1.3% +CA$1.6m | -18.8% | PS2.5x | |
| ZAIR Zinc8 Energy Solutions | CA$0.01 | 100.0% +CA$907.0k | -95.7% | PB1.2x |
