Returns Are Gaining Momentum At Softchoice (TSE:SFTC)
Dec 07
Canadian (TSX) Electronic Equipment and Components Industry Analysis
UpdatedDec 08, 2022
DataAggregated Company Financials
Companies24
- 7D-3.9%
- 3M-3.9%
- 1Y-21.5%
- YTD-24.9%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.4%, driven by a pullback from Softchoice of 7.7%. Meanwhile, Baylin Technologies actually outperformed within the industry, gaining 63% in the last week. Overall the industry is down 23% in 12 months. Earnings are forecast to grow by 30% 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, 08 Dec 2022 | CA$3.3b | CA$10.7b | CA$99.5m | 9.8x | 32.8x | 0.3x |
| Sat, 05 Nov 2022 | CA$3.5b | CA$10.7b | CA$66.9m | 45.8x | 52.1x | 0.3x |
| Mon, 03 Oct 2022 | CA$3.3b | CA$10.3b | CA$53.4m | 25x | 62.2x | 0.3x |
| Wed, 31 Aug 2022 | CA$3.5b | CA$9.8b | CA$45.7m | 29.7x | 76.8x | 0.4x |
| Fri, 29 Jul 2022 | CA$3.7b | CA$9.6b | -CA$16,078,025.00 | 10x | -231.3x | 0.4x |
| Sun, 26 Jun 2022 | CA$3.5b | CA$9.2b | -CA$28,372,092.00 | 8.8x | -124.9x | 0.4x |
| Tue, 24 May 2022 | CA$3.6b | CA$9.1b | -CA$21,127,182.00 | 8.9x | -172.1x | 0.4x |
| Thu, 21 Apr 2022 | CA$4.3b | CA$8.4b | -CA$43,674,677.00 | 13.6x | -98.6x | 0.5x |
| Sat, 19 Mar 2022 | CA$4.5b | CA$8.5b | -CA$49,036,090.00 | 126.4x | -92.3x | 0.5x |
| Mon, 14 Feb 2022 | CA$4.3b | CA$8.5b | -CA$29,739,667.00 | 136.4x | -145.7x | 0.5x |
| Wed, 12 Jan 2022 | CA$4.2b | CA$8.4b | -CA$43,696,917.00 | 25.9x | -96.4x | 0.5x |
| Fri, 10 Dec 2021 | CA$4.2b | CA$8.4b | -CA$30,916,448.00 | 19.1x | -134.8x | 0.5x |
| Sun, 07 Nov 2021 | CA$4.7b | CA$8.2b | -CA$22,809,667.00 | 19.8x | -204.6x | 0.6x |
| Tue, 05 Oct 2021 | CA$4.3b | CA$8.4b | -CA$36,063,216.00 | 23.6x | -118x | 0.5x |
| Thu, 02 Sep 2021 | CA$4.5b | CA$8.3b | -CA$35,521,298.21 | 30.4x | -125.8x | 0.5x |
| Sat, 31 Jul 2021 | CA$4.2b | CA$8.3b | -CA$35,521,298.21 | 30.9x | -117.1x | 0.5x |
| Tue, 04 May 2021 | CA$2.6b | CA$7.5b | -CA$9,111,685.17 | 14.9x | -282.2x | 0.3x |
| Fri, 05 Feb 2021 | CA$2.4b | CA$7.6b | -CA$20,937,144.50 | 18.3x | -115.6x | 0.3x |
| Mon, 09 Nov 2020 | CA$1.6b | CA$8.1b | -CA$85,843,498.26 | 21.2x | -18.9x | 0.2x |
| Sun, 02 Aug 2020 | CA$1.9b | CA$8.2b | -CA$76,519,532.00 | 25.6x | -25.5x | 0.2x |
| Wed, 06 May 2020 | CA$1.6b | CA$8.5b | -CA$153,676,943.17 | 17.1x | -10.4x | 0.2x |
| Sat, 08 Feb 2020 | CA$2.2b | CA$8.0b | -CA$31,215,463.69 | 30x | -69.5x | 0.3x |
Price to Earnings Ratio
-62.8x
Current Industry PE
- Investors are optimistic on the Canadian Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.4x which is higher than its 3-year average PE of -84.6x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
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 10% 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 | -2.35% | |
| Tech | -2.82% | |
| Electronic Equipment and Components | -3.91% | |
| Electronic Equipment and Instruments | -0.77% | |
| Electronic Manufacturing Services | -1.97% | |
| Technology Distributors | -7.92% | |
| Electronic Components | -8.37% | |
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 29.5% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 154% over the next 5 years.
- This is better than its past earnings decline of 1.9% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| BYL Baylin Technologies | CA$0.48 | 62.7% +CA$14.8m | -36.8% | PS0.3x | |
| PNG Kraken Robotics | CA$0.59 | 5.4% +CA$6.1m | 59.5% | PS2.5x | |
| LPS Legend Power Systems | CA$0.20 | 8.3% +CA$1.8m | -50.6% | PS13.2x | |
| HAPB Hapbee Technologies | CA$0.05 | 42.9% +CA$1.5m | -84.8% | PS2.1x | |
| FTG Firan Technology Group | CA$1.90 | 2.2% +CA$961.3k | -22.8% | PS0.5x |
