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German (DAX) Electronic Equipment and Components Industry Analysis
UpdatedOct 09, 2024
DataAggregated Company Financials
Companies22
- 7D2.4%
- 3M-1.2%
- 1Y5.9%
- YTD-5.1%
Over the last 7 days, the Electronic Equipment and Components industry has risen 2.0%, driven by gains from Jenoptik of 3.5%. Meanwhile, Nynomic actually underperformed within the industry, shrinking 11% in the last week. This takes the industry's 12 month performance to a gain of 9.3%. Looking forward, earnings are forecast to grow by 41% annually.
Industry Valuation and Performance
Has the German Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 09 Oct 2024 | €3.6b | €4.1b | €27.7m | 12.7x | 128.1x | 0.9x |
| Fri, 06 Sep 2024 | €3.6b | €4.1b | €25.9m | 16.6x | 138.9x | 0.9x |
| Sun, 04 Aug 2024 | €3.5b | €4.1b | €86.2m | 17.7x | 41x | 0.9x |
| Tue, 02 Jul 2024 | €3.7b | €4.1b | €87.1m | 18.1x | 42x | 0.9x |
| Thu, 30 May 2024 | €3.6b | €4.1b | €91.0m | 17.7x | 40.1x | 0.9x |
| Sat, 27 Apr 2024 | €3.5b | €4.1b | €89.5m | 12x | 39.3x | 0.9x |
| Mon, 25 Mar 2024 | €3.9b | €4.1b | €100.5m | 10.8x | 38.7x | 0.9x |
| Wed, 21 Feb 2024 | €3.8b | €4.1b | €95.0m | 10.9x | 40.4x | 0.9x |
| Fri, 19 Jan 2024 | €3.9b | €4.2b | €95.0m | 10.9x | 41x | 0.9x |
| Sun, 17 Dec 2023 | €3.7b | €4.1b | €95.0m | 11.6x | 39.1x | 0.9x |
| Tue, 14 Nov 2023 | €3.4b | €4.1b | €95.7m | 13.1x | 35.8x | 0.8x |
| Thu, 12 Oct 2023 | €3.3b | €4.1b | €128.4m | 15.5x | 25.7x | 0.8x |
| Sat, 09 Sep 2023 | €3.7b | €4.1b | €128.8m | 16.8x | 28.8x | 0.9x |
| Mon, 07 Aug 2023 | €4.0b | €3.9b | €117.0m | 19.8x | 34.6x | 1x |
| Wed, 05 Jul 2023 | €4.2b | €3.7b | €121.6m | 21.1x | 34.9x | 1.1x |
| Fri, 02 Jun 2023 | €4.5b | €3.7b | €123.4m | 18.4x | 36.3x | 1.2x |
| Sun, 30 Apr 2023 | €4.3b | €3.7b | €119.7m | 20.7x | 35.5x | 1.2x |
| Tue, 28 Mar 2023 | €4.6b | €3.6b | €140.0m | 25.6x | 32.8x | 1.3x |
| Thu, 23 Feb 2023 | €4.7b | €3.6b | €136.1m | 24.1x | 34.3x | 1.3x |
| Sat, 21 Jan 2023 | €4.6b | €3.6b | €136.1m | 26.7x | 33.9x | 1.3x |
| Mon, 19 Dec 2022 | €4.2b | €3.6b | €136.1m | 26.8x | 31.1x | 1.2x |
| Wed, 16 Nov 2022 | €4.3b | €3.4b | €125.4m | 22.4x | 34.1x | 1.2x |
| Fri, 14 Oct 2022 | €3.3b | €3.3b | €124.1m | 19.4x | 26.7x | 1x |
| Sun, 11 Sep 2022 | €3.7b | €3.3b | €109.1m | 20.2x | 34.3x | 1.2x |
| Tue, 09 Aug 2022 | €4.0b | €3.1b | €112.7m | 17.9x | 35.6x | 1.3x |
| Thu, 07 Jul 2022 | €3.7b | €3.2b | €85.3m | 21.1x | 42.9x | 1.1x |
| Sat, 04 Jun 2022 | €4.4b | €3.2b | €88.3m | 24.1x | 49.7x | 1.4x |
| Mon, 02 May 2022 | €4.5b | €3.1b | €108.0m | 25.7x | 41.6x | 1.5x |
| Wed, 30 Mar 2022 | €4.8b | €3.2b | €100.2m | 24.4x | 48x | 1.5x |
| Fri, 25 Feb 2022 | €4.8b | €3.2b | €105.9m | 22.8x | 45.1x | 1.5x |
| Sun, 23 Jan 2022 | €5.4b | €3.2b | €107.2m | 25.2x | 50.1x | 1.7x |
| Tue, 21 Dec 2021 | €5.8b | €3.2b | €110.5m | 28.3x | 52.5x | 1.8x |
| Thu, 18 Nov 2021 | €5.9b | €3.2b | €110.6m | 28x | 53.7x | 1.9x |
| Sat, 16 Oct 2021 | €5.7b | €3.1b | €92.6m | 27.6x | 61.1x | 1.8x |
Price to Earnings Ratio
61.1x
Current Industry PE
- Investors are optimistic on the German Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 143x which is higher than its 3-year average PE of 43.9x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.89x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 35% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the German Tech industry?
| DE Market | -1.09% | |
| Tech | -0.012% | |
| Electronic Equipment and Components | 2.44% | |
| Electronic Components | 7.26% | |
| Electronic Equipment and Instruments | 2.37% | |
| Electronic Manufacturing Services | 0.41% | |
| Technology Distributors | -0.59% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 39.0x.
- Analysts are expecting annual earnings growth of 41.5%, which is higher than its past year's earnings decline of 6.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 48% over the next 5 years.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| JEN Jenoptik | €28.16 | 3.5% +€53.8m | 20.2% | PE20.1x | |
| BKHT Brockhaus Technologies | €27.60 | 6.2% +€16.7m | 33.3% | PS1.4x | |
| H2A H2APEX Group | €4.76 | 8.7% +€13.8m | -17.2% | PS5.5x | |
| BSL Basler | €9.33 | 3.7% +€10.1m | 1.2% | PS1.6x | |
| LPK LPKF Laser & Electronics | €8.93 | 2.6% +€5.6m | 29.5% | PE92.9x |
