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

Investors are optimistic on the Canadian Electronic Equipment and Instruments industry, and appear confident in long term growth rates. The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 8.3x.

How does Canadian Electronic Equipment and Instruments compare with similar industries?

There are no additional sub-industries under this industry.

Canadian (TSX) Electronic Equipment and Instruments Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 01 Jul 2026	CA$3.3b	CA$397.0m	-CA$38,680,793.80	16.7x	-85.6x	8.3x
Fri, 29 May 2026	CA$4.0b	CA$391.3m	-CA$40,253,535.16	16.1x	-98.2x	10.1x
Sun, 26 Apr 2026	CA$3.9b	CA$371.2m	-CA$35,330,656.28	440.6x	-110.1x	10.5x
Tue, 24 Mar 2026	CA$3.9b	CA$371.1m	-CA$21,140,484.68	94.1x	-182.3x	10.4x
Thu, 19 Feb 2026	CA$3.4b	CA$367.4m	-CA$19,747,502.68	87.3x	-174.5x	9.4x
Sat, 17 Jan 2026	CA$3.7b	CA$370.6m	-CA$60,012,585.17	83.5x	-62.4x	10.1x
Mon, 15 Dec 2025	CA$3.2b	CA$366.7m	-CA$57,423,841.31	69x	-56.2x	8.8x
Wed, 12 Nov 2025	CA$3.1b	CA$353.8m	-CA$59,606,274.66	19.7x	-51.9x	8.7x
Fri, 10 Oct 2025	CA$3.4b	CA$353.8m	-CA$59,326,864.35	21.3x	-56.9x	9.5x
Sun, 07 Sep 2025	CA$2.4b	CA$349.1m	-CA$54,559,791.94	20.1x	-43.7x	6.8x
Tue, 05 Aug 2025	CA$2.2b	CA$343.8m	-CA$43,127,083.43	21.8x	-51.9x	6.5x
Thu, 03 Jul 2025	CA$2.0b	CA$343.4m	-CA$42,200,473.26	25.1x	-47x	5.8x
Sat, 31 May 2025	CA$1.8b	CA$347.4m	-CA$22,551,267.36	24.3x	-80.7x	5.2x
Mon, 28 Apr 2025	CA$1.7b	CA$358.6m	-CA$25,193,145.63	21.8x	-67.8x	4.8x
Wed, 26 Mar 2025	CA$1.9b	CA$362.6m	-CA$40,063,539.53	23.1x	-46.5x	5.1x
Fri, 21 Feb 2025	CA$1.9b	CA$350.4m	-CA$41,016,591.64	21.3x	-45.2x	5.3x
Sun, 19 Jan 2025	CA$2.1b	CA$353.5m	-CA$39,984,261.59	31.2x	-51.3x	5.8x
Tue, 17 Dec 2024	CA$1.8b	CA$342.0m	-CA$43,066,187.78	31.3x	-40.9x	5.2x
Thu, 14 Nov 2024	CA$1.4b	CA$336.3m	-CA$36,330,717.20	51.4x	-37.6x	4.1x
Sat, 12 Oct 2024	CA$1.2b	CA$332.8m	-CA$34,970,206.70	36.1x	-33.1x	3.5x
Mon, 09 Sep 2024	CA$1.0b	CA$323.6m	-CA$40,443,579.70	34.7x	-25.1x	3.1x
Wed, 07 Aug 2024	CA$855.6m	CA$257.9m	-CA$39,047,270.37	32.1x	-21.9x	3.3x
Fri, 05 Jul 2024	CA$861.4m	CA$256.9m	-CA$39,757,193.61	32.1x	-21.7x	3.4x
Sun, 02 Jun 2024	CA$544.3m	CA$144.0m	-CA$18,314,523.24	19.7x	-29.7x	3.8x
Tue, 30 Apr 2024	CA$511.3m	CA$182.2m	-CA$20,360,454.98	25.1x	-25.1x	2.8x
Thu, 28 Mar 2024	CA$465.4m	CA$162.3m	-CA$24,181,181.61	71.2x	-19.2x	2.9x
Sat, 24 Feb 2024	CA$333.0m	CA$104.2m	-CA$23,088,922.67	58.5x	-14.4x	3.2x
Mon, 22 Jan 2024	CA$297.6m	CA$119.2m	-CA$29,895,746.00	53.3x	-10x	2.5x
Wed, 20 Dec 2023	CA$257.1m	CA$122.3m	-CA$27,030,590.00	73.2x	-9.5x	2.1x
Fri, 17 Nov 2023	CA$246.8m	CA$112.8m	-CA$34,889,324.00	9.8x	-7.1x	2.2x
Sun, 15 Oct 2023	CA$307.8m	CA$171.5m	-CA$40,983,457.00	10.4x	-7.5x	1.8x
Tue, 12 Sep 2023	CA$303.3m	CA$173.1m	-CA$51,058,939.00	10.9x	-5.9x	1.8x
Thu, 10 Aug 2023	CA$297.8m	CA$168.8m	-CA$58,439,434.00	10.8x	-5.1x	1.8x
Sat, 08 Jul 2023	CA$313.8m	CA$162.5m	-CA$46,619,305.00	8.6x	-6.7x	1.9x


CA Market	-0.59%
Tech	1.15%
Electronic Equipment and Components	3.05%
Electronic Equipment and Instruments	-6.16%
Technology Distributors	9.09%
Electronic Manufacturing Services	3.64%
Electronic Components	-9.52%

Company	Last Price	7D	1Y	Valuation
GRID Tantalus Systems Holding	CA$5.45	8.3% +CA$23.7m	86.6%	PS3.8x
DDD Metavista3D	CA$0.60	9.1% +CA$5.7m	-53.8%	PS37.7x
LPS Legend Power Systems	CA$0.15	14.8% +CA$3.1m	29.2%	PS12.9x
BLN Blackline Safety	CA$9.07	0.2% +CA$1.7m	26.0%	PS5x
SCAN Liberty Defense Holdings	CA$5.80	2.1% +CA$679.0k	-46.3%	PS17x

Announcement • 1h

Francisco Partners Management, L.P. completed the acquisition of Blackline Safety Corp. (TSX:BLN) from DAK Capital Inc, WACS Consulting Inc, Praesidio 11 Limited and Brad Gilewich Family Trust.

Francisco Partners Management, L.P. entered into a definitive arrangement agreement to acquire Blackline Safety Corp. (TSX:BLN) from DAK Capital Inc, WACS Consulting Inc, Praesidio 11 Limited and Brad Gilewich Family Trust for approximately CAD 790 million on April 7, 2026. Pursuant to the Arrangement Agreement, the Purchaser will acquire all of the Shares (other than in respect of the Rollover Shares) for CAD 9.00 per Share in cash at closing plus one CVR per Share. Each CVR will entitle the holder thereof to an additional cash payment if the Company's annualized recurring revenue ("ARR") for the month ended October 31, 2027 (the “Calculated ARR”) is equal to or greater than CAD 145.0 million. If the Calculated ARR is equal to or greater than CAD 148.9 million, each CVR will entitle the holder thereof to a maximum cash payment of CAD 0.50. If the Calculated ARR is between CAD 145.0 million and CAD 148.9 million, each CVR will entitle the holder thereof to a cash payment between CAD 0.375 and CAD 0.50 based on a linear interpolation of the Calculated ARR. If the Calculated ARR is less than CAD 145.0 million, holders of CVRs will not be entitled to any payment in respect of their CVRs. The Cash Consideration and Total Consideration (assuming the maximum cash payment under the CVR) represent premiums of approximately 27% and 34%, respectively, to the closing price of the Shares on the Toronto Stock Exchange (the "TSX") on April 7, 2026, the last trading date prior to the announcement of the Transaction, and of approximately 28% and 35%, respectively, to the 20-day volume weighted average price (“VWAP”) per Share on the TSX as of the end of trading on April 7, 2026. The Rollover Shares represent approximately 31% of the issued and outstanding Shares. All rollovers will occur at a value not to exceed the Cash Consideration per Share. The Rollover Shareholders have agreed to forego any CVR consideration for their Rollover Shares (other than Mr. Slater who shall receive one CVR per each of his respective Rollover Shares). In case of termination Blackline Safety Corp will pay CAD 30.6 million and will receive CAD 56.3 million. The Transaction will be implemented by way of a plan of arrangement under the Business Corporations Act (Alberta) and will be subject to Shareholder approval at a special meeting of Shareholders to be held to consider the Transaction (the “Special Meeting”). Required Shareholder approval for the Transaction will consist of at least (i) 66% of the votes cast by Shareholders at the Special Meeting, and (ii) a simple majority of the votes cast by Shareholders at the Special Meeting, excluding votes from Shareholders required to be excluded under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company expects to hold the Special Meeting in June, 2026. The Transaction is also subject to court approval, regulatory approvals, court approval, dissenters rights and other customary closing conditions. Following completion of the Transaction, it is expected that the Shares will be delisted from the TSX and that Blackline will cease to be a reporting issuer in all applicable Canadian jurisdictions. The Arrangement Agreement was approved unanimously by the Board (with interested directors abstaining from voting) after considering, among other things, the unanimous recommendation of the Special Committee. The Special Committee and the Board (with the abstention of the interested directors) determined that the Transaction is in the best interests of the Company and the Board is recommending that Shareholders vote in favour of the Transaction. The Transaction is not subject to any financing condition and is expected to close in the second calendar quarter of 2026. As of June 15, 2026, Blackline Safety Corp.'s shareholders approved the transaction, and the company obtained a final order approving the Arrangement from the Court of King's Bench of Alberta. As of June 26, 2026, the transaction has received the final outstanding regulatory approval in France. The Arrangement remains subject to customary closing conditions and is expected to close in late June or early July. Myles Hiscock, Jamie Nagy and Jeffrey Solomon of Canaccord Genuity Corp. is acting as exclusive financial advisor and fairness opinion provider to the Special Committee. CIBC Capital Markets is acting as independent valuator to the Special Committee. Syd S. Abougoush of Burnet, Duckworth & Palmer LLP is acting as legal advisor to the Company. Mike Pedlow of Torys LLP is acting as legal advisor to the Special Committee. BDT & MSD Partners is acting as financial advisor to DAK and the Lowy Family Group. James R. Brown, Patrick Marley and Jeremy Fraiberg of Osler, Hoskin & Harcourt LLP is acting as legal advisor to DAK. Blake, Cassels & Graydon LLP is acting as legal advisor to the Lowy Family Group. RBC Capital Markets is acting as financial advisor, Kim L and John Lee of Stikeman Elliott LLP, Michele M. Cumpston, Sean Z. Kram, Andrea Weintraub, Brian Ford and Devin J. Heckman of Kirkland & Ellis LLP are acting as legal advisors to Francisco Partners. CIBC World Markets, Inc acted as financial advisor and fairness opinion provider to Blackline Safety Corp. Odyssey Trust Company acted as registrar, transfer agent, and depositary bank to Blackline Safety Corp. Francisco Partners Management, L.P. completed the acquisition of Blackline Safety Corp. (TSX:BLN) from DAK Capital Inc, WACS Consulting Inc, Praesidio 11 Limited and Brad Gilewich Family Trust on June 30, 2026. As a result of the Arrangement, the Shares will be delisted from the Toronto Stock Exchange.

Canadian (TSX) Electronic Equipment and Instruments Industry Analysis

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Industry Comparison

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Latest News

Francisco Partners Management, L.P. completed the acquisition of Blackline Safety Corp. (TSX:BLN) from DAK Capital Inc, WACS Consulting Inc, Praesidio 11 Limited and Brad Gilewich Family Trust.

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INEO Tech Corp. announced that it has received CAD 1.5 million in funding

New minor risk - Market cap size

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Cannabix Technologies Inc., Annual General Meeting, Jul 27, 2026

New major risk - Financial position

New minor risk - Financial data availability

Full year 2025 earnings released: US$10.49 loss per share (vs US$23.19 loss in FY 2024)

New major risk - Revenue and earnings growth

Third quarter 2026 earnings released: CA$0.005 loss per share (vs CA$0.005 loss in 3Q 2025)

QScreen AI Inc. announced that it expects to receive CAD 0.5 million in funding