Returns on Capital Paint A Bright Future For Gatekeeper Systems (CVE:GSI)
Sep 15
Canadian (TSX) Electronic Equipment and Components Industry Analysis
UpdatedSep 21, 2023
DataAggregated Company Financials
Companies19
- 7D-2.5%
- 3M34.0%
- 1Y64.1%
- YTD48.8%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 4.7%, driven by Celestica declining 4.4%. Over the past 12 months, the industry was up 63%. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Canadian Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | CA$5.2b | CA$11.9b | CA$224.9m | 15.1x | 23x | 0.4x |
| Sat, 19 Aug 2023 | CA$4.8b | CA$11.9b | CA$203.5m | 14.6x | 23.5x | 0.4x |
| Mon, 17 Jul 2023 | CA$4.1b | CA$11.4b | CA$159.1m | 11.5x | 25.9x | 0.4x |
| Wed, 14 Jun 2023 | CA$3.8b | CA$11.5b | CA$169.5m | 12.4x | 22.2x | 0.3x |
| Fri, 12 May 2023 | CA$3.4b | CA$11.7b | CA$171.2m | 11.8x | 19.8x | 0.3x |
| Sun, 09 Apr 2023 | CA$3.6b | CA$11.3b | CA$150.8m | 24x | 23.8x | 0.3x |
| Tue, 07 Mar 2023 | CA$3.8b | CA$11.4b | CA$113.6m | 12.1x | 33.5x | 0.3x |
| Thu, 02 Feb 2023 | CA$3.9b | CA$11.1b | CA$89.4m | 11.2x | 43.1x | 0.3x |
| Sat, 31 Dec 2022 | CA$3.5b | CA$10.6b | CA$100.7m | 12.9x | 34.5x | 0.3x |
| Mon, 28 Nov 2022 | CA$3.4b | CA$10.5b | CA$93.2m | 13.4x | 36.8x | 0.3x |
| Wed, 26 Oct 2022 | CA$3.6b | CA$10.8b | CA$68.3m | 25x | 53.4x | 0.3x |
| Fri, 23 Sep 2022 | CA$3.4b | CA$10.1b | CA$50.5m | 50x | 66.9x | 0.3x |
| Sun, 21 Aug 2022 | CA$3.8b | CA$9.7b | CA$38.4m | 34.1x | 99.5x | 0.4x |
| Tue, 19 Jul 2022 | CA$3.7b | CA$9.3b | -CA$27,339,090.00 | 8.7x | -135.9x | 0.4x |
| Thu, 16 Jun 2022 | CA$3.6b | CA$9.2b | -CA$28,126,879.00 | 9.2x | -128.6x | 0.4x |
| Sat, 14 May 2022 | CA$3.7b | CA$9.2b | -CA$19,145,966.00 | 9.4x | -191.9x | 0.4x |
| Mon, 11 Apr 2022 | CA$4.3b | CA$8.5b | -CA$42,606,529.00 | 146.5x | -101.5x | 0.5x |
| Wed, 09 Mar 2022 | CA$4.1b | CA$8.7b | -CA$36,284,985.00 | 124.5x | -112.4x | 0.5x |
| Fri, 04 Feb 2022 | CA$4.5b | CA$8.5b | -CA$28,401,861.00 | 25x | -157.7x | 0.5x |
| Sun, 02 Jan 2022 | CA$4.3b | CA$8.4b | -CA$43,505,057.00 | 26.7x | -98.4x | 0.5x |
| Tue, 30 Nov 2021 | CA$4.4b | CA$8.5b | -CA$27,954,586.00 | 20.9x | -158.4x | 0.5x |
| Thu, 28 Oct 2021 | CA$4.4b | CA$8.2b | -CA$31,609,337.00 | 28.3x | -138.7x | 0.5x |
| Sat, 25 Sep 2021 | CA$4.5b | CA$8.5b | -CA$35,735,081.00 | 23.1x | -127.2x | 0.5x |
| Mon, 23 Aug 2021 | CA$4.6b | CA$8.3b | -CA$35,521,298.21 | 30.4x | -129.3x | 0.6x |
| Sat, 10 Jul 2021 | CA$3.7b | CA$8.3b | -CA$42,683,519.09 | 31.4x | -87.4x | 0.4x |
| Fri, 02 Apr 2021 | CA$2.6b | CA$7.5b | -CA$13,108,567.17 | 14.5x | -198.4x | 0.3x |
| Mon, 04 Jan 2021 | CA$2.1b | CA$7.6b | -CA$9,793,391.50 | 16.7x | -211.8x | 0.3x |
| Thu, 08 Oct 2020 | CA$1.8b | CA$8.1b | -CA$81,121,384.00 | 26.6x | -22.6x | 0.2x |
Price to Earnings Ratio
-22.6x
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 23.1x which is lower than its 3-year average PE of 33.5x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 0.44x.
Past Earnings Growth
- Total earnings for the Electronic industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 14% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Canadian Tech industry?
| CA Market | -0.092% | |
| Tech | -1.36% | |
| Electronic Equipment and Components | -2.47% | |
| Electronic Components | 5.26% | |
| Technology Distributors | 4.41% | |
| Electronic Equipment and Instruments | 1.30% | |
| Electronic Manufacturing Services | -4.31% | |
Industry PE
- Investors are most optimistic about the Technology Distributors industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 14.5%, which is lower than the prior year's growth of 73.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 85% over the next 5 years.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SFTC Softchoice | CA$15.70 | 4.2% +CA$63.1m | -21.8% | PE24x | |
| GSI Gatekeeper Systems | CA$0.39 | 11.6% +CA$3.7m | 60.4% | PE7.3x | |
| SKUR Sekur Private Data | CA$0.20 | 13.9% +CA$3.1m | 24.2% | PS46.3x | |
| BYL Baylin Technologies | CA$0.34 | 9.5% +CA$2.7m | 1.5% | PS0.3x | |
| AIML AI/ML Innovations | CA$0.14 | 42.1% +CA$2.5m | 35.0% | PS18.2x |