What Does LPKF Laser & Electronics SE's (ETR:LPK) Share Price Indicate?
Nov 30
German (DAX) Electronic Equipment and Components Industry Analysis
UpdatedNov 30, 2023
DataAggregated Company Financials
Companies23
- 7D2.5%
- 3M-10.3%
- 1Y-24.8%
- YTD-20.8%
The Electronic Equipment and Components industry has gained 1.3% in the last week and Basler up 8.0%. In the same time, exceet Group was down 12%. In contrast, the industry has lost 25% in the last 12 months. As for the next few years, earnings are expected to grow by 39% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 30 Nov 2023 | €3.5b | €4.1b | €97.9m | 10.7x | 35.7x | 0.9x |
| Sat, 28 Oct 2023 | €3.0b | €4.1b | €126.8m | 14.6x | 24x | 0.7x |
| Mon, 25 Sep 2023 | €3.5b | €4.1b | €128.8m | 16.4x | 27x | 0.8x |
| Wed, 23 Aug 2023 | €3.7b | €4.1b | €129.7m | 17.4x | 28.9x | 0.9x |
| Fri, 21 Jul 2023 | €4.1b | €3.9b | €118.0m | 19.7x | 34.9x | 1.1x |
| Sun, 18 Jun 2023 | €4.5b | €3.7b | €121.5m | 21.8x | 36.7x | 1.2x |
| Tue, 16 May 2023 | €4.3b | €3.7b | €118.5m | 23.2x | 36.1x | 1.2x |
| Thu, 13 Apr 2023 | €4.3b | €3.7b | €131.0m | 26.1x | 32.7x | 1.2x |
| Sat, 11 Mar 2023 | €4.7b | €3.6b | €136.1m | 25.5x | 34.3x | 1.3x |
| Mon, 06 Feb 2023 | €4.7b | €3.6b | €136.2m | 26.3x | 34.7x | 1.3x |
| Wed, 04 Jan 2023 | €4.2b | €3.6b | €136.1m | 25.4x | 31.1x | 1.2x |
| Fri, 02 Dec 2022 | €4.4b | €3.6b | €136.5m | 28.7x | 32.4x | 1.2x |
| Sun, 30 Oct 2022 | €3.8b | €3.3b | €124.9m | 21.5x | 30.5x | 1.1x |
| Tue, 27 Sep 2022 | €3.4b | €3.3b | €109.2m | 18.2x | 31.1x | 1x |
| Thu, 25 Aug 2022 | €3.7b | €3.3b | €113.0m | 17.3x | 33.1x | 1.1x |
| Sat, 23 Jul 2022 | €4.1b | €3.2b | €85.7m | 19.6x | 47.6x | 1.3x |
| Mon, 20 Jun 2022 | €3.7b | €3.2b | €88.4m | 21.4x | 42.1x | 1.2x |
| Wed, 18 May 2022 | €4.3b | €3.2b | €101.3m | 21.3x | 42.5x | 1.3x |
| Fri, 15 Apr 2022 | €4.4b | €3.1b | €113.6m | 21.2x | 38.6x | 1.4x |
| Sun, 13 Mar 2022 | €4.7b | €3.2b | €105.9m | 20.7x | 44.2x | 1.5x |
| Tue, 08 Feb 2022 | €5.3b | €3.2b | €107.2m | 24.2x | 49x | 1.6x |
| Thu, 06 Jan 2022 | €6.1b | €3.2b | €110.5m | 28.3x | 55.5x | 1.9x |
| Sat, 04 Dec 2021 | €5.8b | €3.2b | €110.9m | 26.5x | 52.7x | 1.8x |
| Mon, 01 Nov 2021 | €6.0b | €3.1b | €90.0m | 28.4x | 66.3x | 1.9x |
| Wed, 29 Sep 2021 | €5.7b | €3.1b | €93.4m | 29.7x | 61.5x | 1.8x |
| Fri, 27 Aug 2021 | €5.6b | €3.3b | €101.8m | 28x | 55.2x | 1.7x |
| Sat, 03 Jul 2021 | €4.9b | €3.3b | €101.8m | 24.9x | 47.7x | 1.5x |
| Tue, 06 Apr 2021 | €4.5b | €2.6b | €59.8m | 31.6x | 74.6x | 1.7x |
| Fri, 08 Jan 2021 | €4.3b | €2.6b | €48.2m | 26.7x | 89.3x | 1.7x |
Price to Earnings Ratio
90.9x
Current Industry PE
- Investors are pessimistic on the German 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 35.1x which is lower than its 3-year average PE of 49.1x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.84x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 30% 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 German Tech industry?
| DE Market | 0.92% | |
| Tech | 2.79% | |
| Electronic Equipment and Components | 2.52% | |
| Technology Distributors | 12.99% | |
| Electronic Equipment and Instruments | 3.43% | |
| Electronic Manufacturing Services | -0.43% | |
| Electronic Components | -4.06% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry, which is trading close to its 3-year average PE ratio of 43.0x.
- Analysts are expecting annual earnings growth of 39.5%, which is higher than its past year's earnings growth of 6.9% per year.
- Investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 17.2x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 47% over the next 5 years.
- This is better than its past earnings decline of 2.6% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 26% 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 | |
|---|---|---|---|---|---|
| JEN Jenoptik | €24.72 | 3.7% +€50.4m | -6.6% | PE20.1x | |
| LPK LPKF Laser & Electronics | €9.59 | 10.2% +€21.7m | -4.0% | PS1.9x | |
| BSL Basler | €9.81 | 7.0% +€19.7m | -71.1% | PS1.3x | |
| M7U Nynomic | €30.70 | 2.3% +€4.6m | -19.6% | PE33x | |
| FEV FORTEC Elektronik | €24.80 | 3.3% +€2.6m | -3.9% | PE10.7x |
