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Canadian (TSX) Electronic Equipment and Components Industry Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies17
  • 7D8.6%
  • 3M20.0%
  • 1Y192.8%
  • YTD10.5%

In the last week, the Electronic Equipment and Components industry is up 4.3%, with Celestica up 8.2%. During this same period, the Metavista3D underperformed, falling 22%. This takes the industry's 12 month performance to a gain of 182%. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 14 Jan 2026CA$54.5bCA$16.2bCA$939.7m38.9x58x3.4x
Fri, 12 Dec 2025CA$59.0bCA$16.1bCA$933.5m38.3x63.2x3.7x
Sun, 09 Nov 2025CA$55.2bCA$16.4bCA$951.6m21.2x58x3.4x
Tue, 07 Oct 2025CA$40.8bCA$15.3bCA$696.8m21.7x58.5x2.7x
Thu, 04 Sep 2025CA$34.4bCA$15.1bCA$694.3m21.3x49.6x2.3x
Sat, 02 Aug 2025CA$34.4bCA$15.1bCA$706.2m21.8x48.8x2.3x
Mon, 30 Jun 2025CA$26.3bCA$14.3bCA$567.0m25.1x46.4x1.8x
Wed, 28 May 2025CA$21.6bCA$14.5bCA$574.1m23.7x37.5x1.5x
Fri, 25 Apr 2025CA$16.1bCA$13.9bCA$572.2m21.8x28.1x1.2x
Sun, 23 Mar 2025CA$18.0bCA$14.4bCA$578.0m23.1x31.2x1.3x
Tue, 18 Feb 2025CA$24.4bCA$14.2bCA$569.1m21.6x42.8x1.7x
Thu, 16 Jan 2025CA$19.4bCA$13.7bCA$499.9m28.8x38.7x1.4x
Sat, 14 Dec 2024CA$17.0bCA$13.6bCA$497.2m27.8x34.3x1.2x
Mon, 11 Nov 2024CA$15.5bCA$13.4bCA$490.5m26.5x31.6x1.2x
Wed, 09 Oct 2024CA$10.1bCA$12.5bCA$464.7m17.9x21.7x0.8x
Fri, 06 Sep 2024CA$8.6bCA$12.3bCA$454.1m16.5x19x0.7x
Sun, 04 Aug 2024CA$8.6bCA$12.6bCA$467.7m16.9x18.4x0.7x
Tue, 02 Jul 2024CA$9.9bCA$11.7bCA$423.0m21x23.4x0.8x
Thu, 30 May 2024CA$10.3bCA$11.7bCA$418.7m18.2x24.7x0.9x
Sat, 27 Apr 2024CA$8.8bCA$12.8bCA$481.1m16x18.2x0.7x
Mon, 25 Mar 2024CA$9.4bCA$12.2bCA$375.4m20.6x25.2x0.8x
Wed, 21 Feb 2024CA$7.5bCA$12.1bCA$370.6m16.6x20.3x0.6x
Fri, 19 Jan 2024CA$6.0bCA$12.0bCA$303.3m16.8x19.9x0.5x
Sun, 17 Dec 2023CA$5.9bCA$11.9bCA$303.7m16x19.4x0.5x
Tue, 14 Nov 2023CA$5.6bCA$12.2bCA$305.6m12.8x18.2x0.5x
Thu, 12 Oct 2023CA$6.0bCA$12.0bCA$225.6m14.1x26.7x0.5x
Sat, 09 Sep 2023CA$5.1bCA$12.0bCA$216.3m15.6x23.5x0.4x
Mon, 07 Aug 2023CA$4.8bCA$11.9bCA$190.1m15.1x25.4x0.4x
Wed, 05 Jul 2023CA$4.0bCA$11.4bCA$166.8m11.9x23.9x0.3x
Fri, 02 Jun 2023CA$19.5tCA$11.6bCA$175.6m12.2x110851.1x1677.6x
Sun, 30 Apr 2023CA$3.3bCA$11.7bCA$162.8m11.6x20.4x0.3x
Tue, 28 Mar 2023CA$3.6bCA$11.4bCA$152.1m11.3x23.8x0.3x
Thu, 23 Feb 2023CA$3.8bCA$11.4bCA$112.1m11.6x33.8x0.3x
Sat, 21 Jan 2023CA$3.8bCA$10.5bCA$99.3m11.7x38.3x0.4x
Price to Earnings Ratio

38.3x


Total Market Cap: CA$3.8bTotal Earnings: CA$99.3mTotal Revenue: CA$10.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electronic Equipment and Components Industry Price to Earnings3Y Average 132.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Electronic industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 58.0x which is lower than its 3-year average PE of 133x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 111% per year over the last three years.
  • Revenues for these companies have grown 16% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Tech industry?

CA Market1.33%
Tech2.08%
Electronic Equipment and Components8.57%
Technology Distributors15.38%
Electronic Equipment and Instruments13.12%
Electronic Components12.50%
Electronic Manufacturing Services8.23%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 24.6x.
    • Analysts are expecting annual earnings growth of 25.1%, which is lower than the prior year's growth of 67.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 61% over the next 5 years.
  • However this is lower than its past earnings growth rate of 85% per year.
  • In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 25% 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
CLS CelesticaCA$455.598.2%
+CA$4.0b		207.8%PE52.7x
PNG Kraken RoboticsCA$8.7022.5%
+CA$490.5m		219.9%PE161.8x
FTG Firan Technology GroupCA$13.8519.6%
+CA$57.1m		90.5%PE25.1x
BLN Blackline SafetyCA$6.955.3%
+CA$30.5m		7.9%PS4.1x
AETH Aether Global InnovationsCA$0.8733.8%
+CA$5.4m		480.0%PE-35.7x

Latest News

BLN
CA$6.95
Blackline Safety
7D
5.3%
1Y
7.9%
PNG
CA$8.70
Kraken Robotics
7D
22.5%
1Y
219.9%
GSI
CA$1.81
Gatekeeper Systems
7D
-4.7%
1Y
265.7%
GRID
CA$4.74
Tantalus Systems Holding
7D
-5.0%
1Y
135.8%

GRID: Future Upside Will Be Driven By Rerated Earnings Framework

Analysts have lifted their price target on Tantalus Systems Holding to C$5.00 from C$4.25, pointing to updated assumptions on discount rates and forward P/E that support a modestly higher valuation framework. Analyst Commentary Recent research points to a valuation reset for Tantalus Systems Holding, with the price target moving to C$5.00 from C$4.25 after updates to discount rate assumptions and forward P/E inputs.
FTG
CA$13.85
Firan Technology Group
7D
19.6%
1Y
90.5%

There's Reason For Concern Over Firan Technology Group Corporation's (TSE:FTG) Price

Jan 10
There's Reason For Concern Over Firan Technology Group Corporation's (TSE:FTG) Price
CLS
CA$455.59
Celestica
7D
8.2%
1Y
207.8%

CLS: Index Additions And Share Buybacks Will Support Future Upside

Analysts have trimmed their price target on Celestica, citing slightly lower fair value to about $546.16 and a more moderate future P/E assumption of roughly 34.13, while keeping growth and margin expectations broadly consistent. What's in the News Celestica has been added to the S&P Global 1200 index, increasing its visibility among global index-tracking investors (Index Constituent Adds).
DDD
CA$1.02
Metavista3D
7D
-21.5%
1Y
-69.6%
HYLQ
CA$0.90
HYLQ Strategy
7D
34.3%
1Y
-35.7%
AETH
CA$0.87
Aether Global Innovations
7D
33.8%
1Y
480.0%
WIFI
CA$0.065
American Aires
7D
85.7%
1Y
-66.7%

Positive Sentiment Still Eludes American Aires Inc. (CSE:WIFI) Following 33% Share Price Slump

Dec 03
Positive Sentiment Still Eludes American Aires Inc. (CSE:WIFI) Following 33% Share Price Slump
YNV
CA$0.14
Ynvisible Interactive
7D
12.5%
1Y
-10.0%