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Feb 15
Canadian (TSX) Electronic Equipment and Components Industry Analysis
UpdatedApr 15, 2024
DataAggregated Company Financials
Companies17
- 7D-6.7%
- 3M50.3%
- 1Y150.9%
- YTD54.9%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 6.7%, driven by a pullback from Celestica of 8.2%. Meanwhile, Legend Power Systems actually outperformed within the industry, gaining 27% in the last week. This takes the industry's 12 month performance to a gain of 151%. Earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Mon, 15 Apr 2024 | CA$9.0b | CA$12.4b | CA$374.6m | 16.3x | 24x | 0.7x |
| Wed, 13 Mar 2024 | CA$8.8b | CA$12.1b | CA$371.8m | 19.6x | 23.5x | 0.7x |
| Fri, 09 Feb 2024 | CA$7.3b | CA$12.1b | CA$368.8m | 17.9x | 19.9x | 0.6x |
| Sun, 07 Jan 2024 | CA$5.8b | CA$11.9b | CA$301.1m | 16.9x | 19.2x | 0.5x |
| Tue, 05 Dec 2023 | CA$5.8b | CA$12.0b | CA$307.5m | 16.1x | 18.8x | 0.5x |
| Thu, 02 Nov 2023 | CA$5.2b | CA$12.4b | CA$280.5m | 12.8x | 18.7x | 0.4x |
| Sat, 30 Sep 2023 | CA$5.4b | CA$12.0b | CA$225.7m | 14.8x | 24.1x | 0.5x |
| Mon, 28 Aug 2023 | CA$5.0b | CA$12.0b | CA$208.1m | 15.4x | 24.1x | 0.4x |
| Wed, 26 Jul 2023 | CA$4.2b | CA$11.4b | CA$163.0m | 13.3x | 25.7x | 0.4x |
| Fri, 23 Jun 2023 | CA$3.9b | CA$11.3b | CA$167.2m | 12.7x | 23.4x | 0.3x |
| Sun, 21 May 2023 | CA$3.5b | CA$11.6b | CA$172.5m | 11.9x | 20.1x | 0.3x |
| Tue, 18 Apr 2023 | CA$3.8b | CA$11.2b | CA$153.8m | 13.7x | 24.7x | 0.3x |
| Thu, 16 Mar 2023 | CA$3.5b | CA$11.5b | CA$153.6m | 11.6x | 22.8x | 0.3x |
| Sat, 11 Feb 2023 | CA$3.8b | CA$11.2b | CA$109.4m | 12.4x | 34.7x | 0.3x |
| Mon, 09 Jan 2023 | CA$3.6b | CA$10.6b | CA$99.6m | 12.2x | 36.1x | 0.3x |
| Wed, 07 Dec 2022 | CA$3.2b | CA$10.7b | CA$99.4m | 9.8x | 32.4x | 0.3x |
| Fri, 04 Nov 2022 | CA$3.5b | CA$10.8b | CA$68.5m | 25x | 51.6x | 0.3x |
| Sun, 02 Oct 2022 | CA$3.3b | CA$10.3b | CA$53.4m | 25x | 62.2x | 0.3x |
| Tue, 30 Aug 2022 | CA$3.6b | CA$9.7b | CA$40.7m | 30.9x | 88.9x | 0.4x |
| Thu, 28 Jul 2022 | CA$3.7b | CA$9.6b | -CA$16,078,025.00 | 10x | -231.3x | 0.4x |
| Sat, 25 Jun 2022 | CA$3.5b | CA$9.2b | -CA$28,372,092.00 | 8.8x | -122.7x | 0.4x |
| Mon, 23 May 2022 | CA$3.6b | CA$9.1b | -CA$20,536,606.00 | 8.9x | -177x | 0.4x |
| Wed, 20 Apr 2022 | CA$4.3b | CA$8.5b | -CA$42,590,939.00 | 13.3x | -101.6x | 0.5x |
| Fri, 18 Mar 2022 | CA$4.5b | CA$8.6b | -CA$48,914,246.00 | 131.4x | -92x | 0.5x |
| Sun, 13 Feb 2022 | CA$4.3b | CA$8.5b | -CA$29,739,667.00 | 136.4x | -145.7x | 0.5x |
| Tue, 11 Jan 2022 | CA$4.1b | CA$8.4b | -CA$43,262,545.00 | 26x | -94.5x | 0.5x |
| Thu, 09 Dec 2021 | CA$4.3b | CA$8.4b | -CA$31,314,848.00 | 19.8x | -135.8x | 0.5x |
| Sat, 06 Nov 2021 | CA$4.6b | CA$8.2b | -CA$22,809,667.00 | 19.8x | -201.7x | 0.6x |
| Mon, 04 Oct 2021 | CA$4.3b | CA$8.5b | -CA$35,472,117.00 | 22.5x | -121.5x | 0.5x |
| Wed, 01 Sep 2021 | CA$4.6b | CA$8.3b | -CA$35,521,298.21 | 29.9x | -128.1x | 0.5x |
| Thu, 08 Jul 2021 | CA$3.7b | CA$8.3b | -CA$42,683,519.09 | 31.4x | -87.4x | 0.4x |
Price to Earnings Ratio
-282.2x
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 24.0x which is lower than its 3-year average PE of 57.2x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 0.73x.
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 18% 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 | -1.51% | |
| Tech | -1.12% | |
| Electronic Equipment and Components | -6.69% | |
| Electronic Components | 53.85% | |
| Technology Distributors | -0.28% | |
| Electronic Equipment and Instruments | -1.31% | |
| Electronic Manufacturing Services | -7.92% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 18.8x.
- Analysts are expecting annual earnings growth of 10.1%, which is lower than the prior year's growth of 63.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 47% over the next 5 years.
- However this is lower than its past earnings growth rate of 255% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 8.8% 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 | |
|---|---|---|---|---|---|
| LPS Legend Power Systems | CA$0.19 | 26.7% +CA$5.3m | -40.6% | PS35.5x | |
| YNV Ynvisible Interactive | CA$0.10 | 53.8% +CA$4.4m | 33.3% | PS12.8x | |
| SKUR Sekur Private Data | CA$0.09 | 38.5% +CA$3.0m | -30.8% | PS20.2x | |
| SCAN Liberty Defense Holdings | CA$0.17 | 9.7% +CA$2.4m | -10.5% | PS14.8x | |
| FTG Firan Technology Group | CA$5.65 | 1.3% +CA$1.7m | 77.7% | PE15.7x |