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Canadian (TSX) Electronic Equipment and Components Industry Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies17
  • 7D5.5%
  • 3M-1.1%
  • 1Y299.3%
  • YTD1.3%

Over the last 7 days, the Electronic Equipment and Components industry has risen 13%, driven by gains from Celestica of 13%. Meanwhile, HYLQ Strategy actually underperformed within the industry, shrinking 16% in the last week. In the last 12 months, the industry was up 287%. As for the next few years, earnings are expected to grow by 32% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Apr 2026CA$51.1bCA$17.8bCA$1.1b41x44.9x2.9x
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
Price to Earnings Ratio

24.8x


Total Market Cap: CA$3.8bTotal Earnings: CA$153.4mTotal Revenue: CA$11.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electronic Equipment and Components Industry Price to Earnings3Y Average 134x202420252026
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 45.1x 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 95% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market1.35%
Tech0.85%
Electronic Equipment and Components5.46%
Technology Distributors10.00%
Electronic Manufacturing Services5.47%
Electronic Equipment and Instruments5.46%
Electronic Components0%0
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 26.8x.
    • Analysts are expecting annual earnings growth of 29.1%, 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 66% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 29% 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
CLS CelesticaCA$413.535.4%
+CA$2.4b		321.8%PE41.1x
PNG Kraken RoboticsCA$8.486.0%
+CA$147.3m		300.0%PE157.9x
FTG Firan Technology GroupCA$21.2013.8%
+CA$64.7m		202.4%PE40.8x
GRID Tantalus Systems HoldingCA$4.9711.2%
+CA$28.2m		176.1%PS3.7x
DDD Metavista3DCA$0.5417.4%
+CA$9.1m		-70.8%PS34x

Latest News

DDD
CA$0.54
Metavista3D
7D
17.4%
1Y
-70.8%
CLS
CA$413.53
Celestica
7D
5.4%
1Y
321.8%
FTG
CA$21.20
Firan Technology Group
7D
13.8%
1Y
202.4%
PNG
CA$8.48
Kraken Robotics
7D
6.0%
1Y
300.0%
BLO
CA$0.72
Cannabix Technologies
7D
9.1%
1Y
14.3%
JTC
CA$1.11
JEMTEC
7D
-5.9%
1Y
n/a
GRID
CA$4.97
Tantalus Systems Holding
7D
11.2%
1Y
176.1%

GRID: Future Upside Will Be Driven By New Coverage And Grid Modernization

Analysts recently nudged their average price target on Tantalus Systems higher to around CA$7, citing fresh coverage and target increases that reflect updated assumptions for fair value, discount rate, growth, margins, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see the CA$7 price target as aligned with their updated view of fair value, suggesting they are comfortable with the company’s current execution and assumptions for future margins and P/E.
HYLQ
CA$0.61
HYLQ Strategy
7D
19.6%
1Y
1.7%
GSI
CA$1.22
Gatekeeper Systems
7D
7.0%
1Y
177.3%
INEO
CA$0.01
INEO Tech
7D
-33.3%
1Y
-77.8%
TLA
CA$0.50
Titan Logix
7D
-3.8%
1Y
-19.4%
HAPB
CA$0.045
Hapbee Technologies
7D
-10.0%
1Y
-43.8%