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Canadian (TSX) Electronic Equipment and Components Industry Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies17
  • 7D-0.09%
  • 3M-11.1%
  • 1Y185.2%
  • YTD-9.9%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 1.5%, driven by a pullback from Celestica of 0.6%. On the other hand Kraken Robotics is actually up 9.1%. Over the past 12 months, the industry was up 179%. Earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Mar 2026CA$46.2bCA$17.4bCA$1.1b36.8x41.4x2.7x
Sun, 08 Feb 2026CA$52.2bCA$17.5bCA$1.1b34.8x46.6x3x
Tue, 06 Jan 2026CA$50.3bCA$16.1bCA$931.0m34x54x3.1x
Thu, 04 Dec 2025CA$52.3bCA$16.3bCA$946.1m34.9x55.3x3.2x
Sat, 01 Nov 2025CA$58.4bCA$16.4bCA$951.3m21.2x61.4x3.6x
Mon, 29 Sep 2025CA$42.2bCA$15.3bCA$696.2m21.5x60.6x2.8x
Wed, 27 Aug 2025CA$33.4bCA$15.2bCA$703.6m21x47.4x2.2x
Fri, 25 Jul 2025CA$29.0bCA$14.3bCA$540.5m24.9x53.7x2x
Sun, 22 Jun 2025CA$23.8bCA$14.4bCA$568.6m25.4x41.8x1.7x
Tue, 20 May 2025CA$20.3bCA$14.6bCA$580.4m23.1x34.9x1.4x
Thu, 17 Apr 2025CA$15.3bCA$13.9bCA$572.4m20.5x26.8x1.1x
Sat, 15 Mar 2025CA$16.6bCA$14.4bCA$580.8m21.3x28.5x1.2x
Mon, 10 Feb 2025CA$23.7bCA$14.3bCA$573.7m21.1x41.3x1.7x
Wed, 08 Jan 2025CA$18.5bCA$13.8bCA$501.0m28.5x36.9x1.3x
Fri, 06 Dec 2024CA$16.5bCA$13.5bCA$489.9m28x33.6x1.2x
Sun, 03 Nov 2024CA$13.0bCA$13.4bCA$492.0m21.7x26.4x1x
Tue, 01 Oct 2024CA$9.4bCA$12.4bCA$459.8m16.4x20.5x0.8x
Thu, 29 Aug 2024CA$9.2bCA$12.3bCA$453.0m16.6x20.4x0.8x
Sat, 27 Jul 2024CA$9.4bCA$12.6bCA$465.9m17.5x20.2x0.7x
Mon, 24 Jun 2024CA$9.7bCA$11.7bCA$421.4m17.8x23x0.8x
Wed, 22 May 2024CA$8.9bCA$11.6bCA$420.7m17x21.2x0.8x
Fri, 19 Apr 2024CA$8.8bCA$12.4bCA$374.5m16x23.5x0.7x
Sun, 17 Mar 2024CA$8.8bCA$12.1bCA$373.3m20.1x23.7x0.7x
Tue, 13 Feb 2024CA$7.7bCA$12.1bCA$368.6m18x20.8x0.6x
Thu, 11 Jan 2024CA$5.9bCA$11.9bCA$301.4m17x19.7x0.5x
Sat, 09 Dec 2023CA$5.7bCA$12.1bCA$308.7m15.8x18.4x0.5x
Mon, 06 Nov 2023CA$5.6bCA$12.2bCA$276.3m13.1x20.4x0.5x
Wed, 04 Oct 2023CA$5.5bCA$12.1bCA$227.0m13.6x24.2x0.5x
Fri, 01 Sep 2023CA$5.3bCA$11.9bCA$208.2m15.6x25.3x0.4x
Sun, 30 Jul 2023CA$4.3bCA$11.7bCA$190.3m14.7x22.8x0.4x
Tue, 27 Jun 2023CA$3.8bCA$11.4bCA$167.3m12.4x22.6x0.3x
Thu, 25 May 2023CA$3.5bCA$11.7bCA$173.9m11.9x20x0.3x
Sat, 22 Apr 2023CA$3.6bCA$11.3bCA$158.7m12x22.9x0.3x
Mon, 20 Mar 2023CA$3.5bCA$11.5bCA$153.2m11.6x22.8x0.3x
Price to Earnings Ratio

22.8x


Total Market Cap: CA$3.5bTotal Earnings: CA$153.2mTotal Revenue: CA$11.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electronic Equipment and Components Industry Price to Earnings3Y Average 133.5x202420252026
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 42.0x which is lower than its 3-year average PE of 134x.
  • 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 94% 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 Market-2.19%
Tech-3.67%
Electronic Equipment and Components-0.086%
Electronic Equipment and Instruments5.29%
Electronic Components0%0
Electronic Manufacturing Services-0.58%
Technology Distributors-28.57%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 26.2x.
    • Analysts are expecting annual earnings growth of 28.4%, 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 58% 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 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$9.629.1%
+CA$245.5m		304.2%PE179.1x
BLN Blackline SafetyCA$7.100.4%
+CA$2.6m		3.2%PS4.1x
INEO INEO TechCA$0.01550.0%
+CA$1.6m		-66.7%PS3.8x
ACU Aurora Solar TechnologiesCA$0.01100.0%
+CA$1.1m		-33.3%PS0.8x
LPS Legend Power SystemsCA$0.0955.6%
+CA$778.3k		-44.1%PS8x

Latest News

BLN
CA$7.10
Blackline Safety
7D
0.4%
1Y
3.2%
PNG
CA$9.62
Kraken Robotics
7D
9.1%
1Y
304.2%
CLS
CA$361.28
Celestica
7D
-0.6%
1Y
189.4%

CLS: Index Inclusion And Higher 2026 Outlook Will Support Future Upside

Analysts have reiterated their price target on Celestica at CA$570.53, supported by updated modelling that keeps fair value, revenue growth, profit margin and future P/E assumptions broadly unchanged while slightly adjusting the discount rate. What's in the News Celestica issued earnings guidance for the first quarter of 2026, projecting revenue between US$3.85b and US$4.15b, with midpoint growth of 51% (company guidance).
LPS
CA$0.095
Legend Power Systems
7D
5.6%
1Y
-44.1%
SKUR
CA$0.05
Sekur Private Data
7D
-28.6%
1Y
66.7%
ACU
CA$0.01
Aurora Solar Technologies
7D
100.0%
1Y
-33.3%
BLO
CA$0.51
Cannabix Technologies
7D
-5.6%
1Y
12.1%
FTG
CA$19.25
Firan Technology Group
7D
-1.7%
1Y
177.4%

FTG: Lower Discount Rate And Firmer Margins Will Shape Measured Upside Potential

Analysts have raised their CA$17.50 price target on Firan Technology Group to about CA$21.67, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E as key drivers of the higher valuation. What's in the News Firan Technology Group reported that from September 25, 2025 to November 30, 2025, it repurchased 0 shares for CA$0 million under its buyback program.
INEO
CA$0.015
INEO Tech
7D
50.0%
1Y
-66.7%
GRID
CA$4.15
Tantalus Systems Holding
7D
-11.7%
1Y
131.8%

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.
TLA
CA$0.49
Titan Logix
7D
-6.6%
1Y
-11.6%
WIFI
CA$0.045
American Aires
7D
12.5%
1Y
-74.3%

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Jan 31
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GSI
CA$1.33
Gatekeeper Systems
7D
-7.0%
1Y
168.7%
DDD
CA$0.62
Metavista3D
7D
-8.8%
1Y
-79.0%