Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Electronic Equipment and Components Industry Analysis

UpdatedMar 06, 2026
DataAggregated Company Financials
Companies17
  • 7D-4.4%
  • 3M-16.1%
  • 1Y203.4%
  • YTD-9.9%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 7.2%, driven by a pullback from Celestica of 8.3%. On the other hand Kraken Robotics is actually up 6.0%. This takes the industry's 12 month performance to a gain of 180%. 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
Fri, 06 Mar 2026CA$47.0bCA$17.5bCA$1.1b37.2x41.8x2.7x
Sun, 01 Feb 2026CA$48.0bCA$17.4bCA$1.1b32.6x42.9x2.8x
Tue, 30 Dec 2025CA$51.3bCA$16.0bCA$927.7m34.8x55.3x3.2x
Thu, 27 Nov 2025CA$56.7bCA$16.4bCA$955.0m20x59.4x3.5x
Sat, 25 Oct 2025CA$49.4bCA$15.4bCA$699.3m20.1x70.6x3.2x
Mon, 22 Sep 2025CA$43.4bCA$15.1bCA$692.6m23.1x62.6x2.9x
Wed, 20 Aug 2025CA$33.6bCA$15.2bCA$710.0m21.3x47.4x2.2x
Fri, 18 Jul 2025CA$27.8bCA$14.4bCA$545.1m21.5x51x1.9x
Sun, 15 Jun 2025CA$21.8bCA$14.2bCA$562.2m25.3x38.8x1.5x
Tue, 13 May 2025CA$16.8bCA$14.6bCA$581.1m22.8x28.9x1.1x
Thu, 10 Apr 2025CA$13.2bCA$14.1bCA$582.9m18.4x22.6x0.9x
Sat, 08 Mar 2025CA$15.5bCA$14.4bCA$576.4m21.3x26.9x1.1x
Mon, 03 Feb 2025CA$23.0bCA$14.5bCA$584.3m21.1x39.3x1.6x
Wed, 01 Jan 2025CA$17.6bCA$13.8bCA$501.6m27.6x35.2x1.3x
Fri, 29 Nov 2024CA$15.3bCA$13.4bCA$495.0m32.4x31x1.1x
Sun, 27 Oct 2024CA$12.6bCA$13.3bCA$491.6m21.4x25.6x0.9x
Tue, 24 Sep 2024CA$9.2bCA$12.4bCA$460.4m15.8x19.9x0.7x
Thu, 22 Aug 2024CA$9.9bCA$12.4bCA$456.2m17.4x21.6x0.8x
Sat, 20 Jul 2024CA$10.2bCA$11.9bCA$401.8m20.8x25.4x0.9x
Mon, 17 Jun 2024CA$9.7bCA$11.7bCA$422.6m17.8x23x0.8x
Wed, 15 May 2024CA$8.2bCA$11.6bCA$419.2m16.3x19.5x0.7x
Fri, 12 Apr 2024CA$9.2bCA$12.3bCA$375.0m16.5x24.5x0.7x
Sun, 10 Mar 2024CA$9.3bCA$12.1bCA$371.9m20.8x24.9x0.8x
Tue, 06 Feb 2024CA$7.4bCA$12.1bCA$368.0m16.7x20.1x0.6x
Thu, 04 Jan 2024CA$5.8bCA$11.8bCA$300.9m16.1x19.2x0.5x
Sat, 02 Dec 2023CA$5.8bCA$12.0bCA$305.0m16.1x18.9x0.5x
Mon, 30 Oct 2023CA$5.1bCA$12.4bCA$279.0m12.8x18.1x0.4x
Wed, 27 Sep 2023CA$5.2bCA$11.9bCA$225.8m14.3x22.8x0.4x
Fri, 25 Aug 2023CA$5.1bCA$12.0bCA$204.1m15.1x24.8x0.4x
Sun, 23 Jul 2023CA$4.1bCA$11.4bCA$163.7m12.9x25.3x0.4x
Tue, 20 Jun 2023CA$3.9bCA$11.4bCA$168.0m12.6x23x0.3x
Thu, 18 May 2023CA$3.4bCA$11.6bCA$172.2m11.6x20x0.3x
Sat, 15 Apr 2023CA$3.8bCA$11.2bCA$153.4m13.9x24.8x0.3x
Mon, 13 Mar 2023CA$3.6bCA$11.6bCA$144.7m11.9x25.1x0.3x
Price to Earnings Ratio

25.1x


Total Market Cap: CA$3.6bTotal Earnings: CA$144.7mTotal Revenue: CA$11.6bTotal 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 40.1x 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 98% 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-2.97%
Tech2.56%
Electronic Equipment and Components-4.45%
Technology Distributors7.69%
Electronic Equipment and Instruments-0.089%
Electronic Manufacturing Services-4.83%
Electronic Components-7.69%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 26.0x.
    • 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 59% 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
BLN Blackline SafetyCA$7.075.1%
+CA$29.6m		8.9%PS4.1x
BYL Baylin TechnologiesCA$0.278.0%
+CA$3.1m		-14.3%PS0.5x
QAI QScreen AICA$0.05522.2%
+CA$2.2m		10.0%PE-10.2x
SKUR Sekur Private DataCA$0.077.7%
+CA$1.3m		133.3%PS44.4x
JTC JEMTECCA$1.603.2%
+CA$139.7k		90.5%PE21.8x

Latest News

PNG
CA$8.82
Kraken Robotics
7D
-0.5%
1Y
285.2%
BLO
CA$0.54
Cannabix Technologies
7D
-3.6%
1Y
18.7%
FTG
CA$19.58
Firan Technology Group
7D
-7.2%
1Y
170.4%

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.
CLS
CA$363.33
Celestica
7D
-4.8%
1Y
211.0%
QAI
CA$0.055
QScreen AI
7D
22.2%
1Y
10.0%
BLN
CA$7.07
Blackline Safety
7D
5.1%
1Y
8.9%
GRID
CA$4.70
Tantalus Systems Holding
7D
-1.5%
1Y
158.2%

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.
JTC
CA$1.60
JEMTEC
7D
3.2%
1Y
90.5%
GSI
CA$1.43
Gatekeeper Systems
7D
-5.9%
1Y
204.3%
DDD
CA$0.68
Metavista3D
7D
-4.2%
1Y
-71.1%
YNV
CA$0.12
Ynvisible Interactive
7D
-7.7%
1Y
-11.1%
SKUR
CA$0.07
Sekur Private Data
7D
7.7%
1Y
133.3%
BYL
CA$0.27
Baylin Technologies
7D
8.0%
1Y
-14.3%