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Canadian (TSX) Electronic Equipment and Components Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies17
  • 7D-4.9%
  • 3M-12.1%
  • 1Y144.7%
  • YTD-6.6%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 4.9%, driven by Celestica declining 6.8%. Meanwhile, Kraken Robotics actually outperformed within the industry, gaining 5.9% in the last week. Over the past 12 months, the industry was up 145%. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Mar 2026CA$47.8bCA$17.5bCA$1.1b39.9x42.8x2.7x
Thu, 29 Jan 2026CA$56.3bCA$15.8bCA$957.0m42.2x58.8x3.6x
Sat, 27 Dec 2025CA$52.2bCA$16.0bCA$925.8m35.6x56.3x3.3x
Mon, 24 Nov 2025CA$48.7bCA$16.4bCA$957.0m20.4x50.9x3x
Wed, 22 Oct 2025CA$47.7bCA$15.4bCA$700.3m20.5x68.1x3.1x
Fri, 19 Sep 2025CA$42.1bCA$15.1bCA$692.8m21.9x60.8x2.8x
Sun, 17 Aug 2025CA$33.8bCA$15.2bCA$707.3m21.9x47.8x2.2x
Tue, 15 Jul 2025CA$28.0bCA$14.3bCA$542.9m21.9x51.5x2x
Thu, 12 Jun 2025CA$21.4bCA$14.3bCA$565.0m25.3x37.8x1.5x
Sat, 10 May 2025CA$17.4bCA$14.6bCA$578.4m22.5x30x1.2x
Mon, 07 Apr 2025CA$12.9bCA$14.3bCA$584.2m17.8x22.1x0.9x
Wed, 05 Mar 2025CA$17.6bCA$14.5bCA$580.8m21.3x30.2x1.2x
Fri, 31 Jan 2025CA$19.0bCA$14.5bCA$582.2m21.1x32.6x1.3x
Sun, 29 Dec 2024CA$17.9bCA$13.8bCA$502.9m28.3x35.7x1.3x
Tue, 26 Nov 2024CA$16.2bCA$13.4bCA$493.8m32.6x32.8x1.2x
Thu, 24 Oct 2024CA$10.3bCA$12.6bCA$473.5m18.3x21.8x0.8x
Sat, 21 Sep 2024CA$9.3bCA$12.4bCA$460.4m15.8x20.2x0.8x
Mon, 19 Aug 2024CA$10.0bCA$12.5bCA$459.1m17.7x21.9x0.8x
Wed, 17 Jul 2024CA$11.0bCA$11.8bCA$399.7m23.3x27.5x0.9x
Fri, 14 Jun 2024CA$9.9bCA$11.7bCA$422.7m18x23.3x0.8x
Sun, 12 May 2024CA$8.5bCA$11.7bCA$419.9m16.4x20.1x0.7x
Tue, 09 Apr 2024CA$9.7bCA$12.2bCA$372.1m16.6x26x0.8x
Thu, 07 Mar 2024CA$9.2bCA$12.1bCA$372.5m20.2x24.7x0.8x
Sat, 03 Feb 2024CA$7.3bCA$12.1bCA$361.2m17.4x20.1x0.6x
Mon, 01 Jan 2024CA$5.9bCA$11.8bCA$298.5m17.4x19.9x0.5x
Wed, 29 Nov 2023CA$5.8bCA$12.0bCA$302.4m16.4x19.3x0.5x
Fri, 27 Oct 2023CA$5.1bCA$12.4bCA$278.2m13.3x18.3x0.4x
Sun, 24 Sep 2023CA$5.2bCA$11.9bCA$225.1m14.3x22.9x0.4x
Tue, 22 Aug 2023CA$4.7bCA$11.9bCA$203.5m14.7x23.3x0.4x
Thu, 20 Jul 2023CA$4.2bCA$11.4bCA$159.1m11.8x26.3x0.4x
Sat, 17 Jun 2023CA$3.8bCA$11.4bCA$167.8m12.5x22.8x0.3x
Mon, 15 May 2023CA$3.4bCA$11.7bCA$173.2m11.8x19.6x0.3x
Wed, 12 Apr 2023CA$3.7bCA$11.3bCA$150.1m25.7x25x0.3x
Fri, 10 Mar 2023CA$3.8bCA$11.5bCA$130.7m12.1x28.7x0.3x
Price to Earnings Ratio

28.7x


Total Market Cap: CA$3.8bTotal Earnings: CA$130.7mTotal Revenue: CA$11.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electronic Equipment and Components Industry Price to Earnings3Y Average 133.4x202420252026
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 42.8x which is lower than its 3-year average PE of 133x.
  • The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 113% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market1.82%
Tech-0.76%
Electronic Equipment and Components-4.88%
Technology Distributors18.18%
Electronic Equipment and Instruments1.25%
Electronic Components0%0
Electronic Manufacturing Services-5.38%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 25.9x.
    • Analysts are expecting annual earnings growth of 28.3%, which is lower than the prior year's growth of 57.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 69% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 28% 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
PNG Kraken RoboticsCA$9.2515.2%
+CA$374.4m		332.2%PE172.2x
FTG Firan Technology GroupCA$20.894.7%
+CA$23.4m		183.1%PE40.2x
HAPB Hapbee TechnologiesCA$0.0650.0%
+CA$4.7m		71.4%PS7.8x
BYL Baylin TechnologiesCA$0.289.8%
+CA$3.8m		1.8%PS0.5x
SKUR Sekur Private DataCA$0.06518.2%
+CA$2.5m		85.7%PS41.2x

Latest News

LPS
CA$0.09
Legend Power Systems
7D
-10.0%
1Y
-48.6%
FTG
CA$20.89
Firan Technology Group
7D
4.7%
1Y
183.1%
CLS
CA$365.00
Celestica
7D
-10.2%
1Y
171.4%
INEO
CA$0.015
INEO Tech
7D
50.0%
1Y
-78.6%
QAI
CA$0.05
QScreen AI
7D
11.1%
1Y
42.9%
BLN
CA$6.60
Blackline Safety
7D
-2.2%
1Y
0.8%
GRID
CA$4.61
Tantalus Systems Holding
7D
-3.2%
1Y
159.0%

GRID: Future Upside Will Be Driven By Improved Risk Profile And Grid Modernization

Analysts lifted their price target on Tantalus Systems Holding by CA$1, citing updated assumptions for fair value and discount rate, along with a slightly lower future P/E outlook. Analyst Commentary Bullish Takeaways Bullish analysts see the CA$1 price target lift as a reflection of updated fair value work that better aligns the stock with their current assumptions.
BLO
CA$0.54
Cannabix Technologies
7D
-3.6%
1Y
17.4%
PNG
CA$9.25
Kraken Robotics
7D
15.2%
1Y
332.2%
GSI
CA$1.47
Gatekeeper Systems
7D
-4.5%
1Y
206.3%
DDD
CA$0.73
Metavista3D
7D
-2.7%
1Y
-63.1%
HAPB
CA$0.06
Hapbee Technologies
7D
50.0%
1Y
71.4%
SKUR
CA$0.065
Sekur Private Data
7D
18.2%
1Y
85.7%
HYLQ
CA$0.76
HYLQ Strategy
7D
-15.6%
1Y
-57.8%
BYL
CA$0.28
Baylin Technologies
7D
9.8%
1Y
1.8%
ACU
CA$0.01
Aurora Solar Technologies
7D
100.0%
1Y
-50.0%