Investors Can Find Comfort In FORTEC Elektronik's (ETR:FEV) Earnings Quality
Apr 03
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- 7D4.1%
- 3M9.2%
- 1Y30.6%
- YTD9.8%
The Electronic Equipment and Components industry is up 4.1% in the last week, with Jenoptik up 9.1%. This means that the industry has gained 31% over the past year. As for the next few years, earnings are expected to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Mon, 06 Apr 2026 | €3.5b | €2.4b | €10.7m | 29.6x | 330.6x | 1.5x |
| Wed, 04 Mar 2026 | €3.7b | €2.6b | -€30,765,052.72 | 36.5x | -121.7x | 1.4x |
| Fri, 30 Jan 2026 | €4.0b | €2.6b | -€28,267,882.35 | 38.1x | -141.6x | 1.5x |
| Sun, 28 Dec 2025 | €3.7b | €2.6b | -€27,907,557.62 | 41x | -131.7x | 1.4x |
| Tue, 25 Nov 2025 | €3.6b | €2.6b | -€19,662,709.50 | 42.9x | -180.7x | 1.3x |
| Thu, 23 Oct 2025 | €3.9b | €2.7b | -€14,274,027.49 | 35.3x | -273.3x | 1.5x |
| Sat, 20 Sep 2025 | €3.7b | €2.7b | -€10,330,843.77 | 35.5x | -357.9x | 1.4x |
| Mon, 18 Aug 2025 | €3.7b | €2.7b | -€2,906,733.11 | 28.6x | -1273.5x | 1.4x |
| Wed, 16 Jul 2025 | €2.9b | €2.7b | €51.4m | 30x | 57.1x | 1.1x |
| Fri, 13 Jun 2025 | €2.9b | €3.5b | €17.1m | 26.7x | 168.5x | 0.8x |
| Sun, 11 May 2025 | €2.8b | €3.6b | €36.6m | 17.5x | 76x | 0.8x |
| Tue, 08 Apr 2025 | €2.5b | €3.6b | €22.3m | 14.5x | 112.1x | 0.7x |
| Thu, 06 Mar 2025 | €3.2b | €4.0b | €27.2m | 13.5x | 117.6x | 0.8x |
| Sat, 01 Feb 2025 | €3.2b | €4.0b | €29.0m | 13.6x | 110x | 0.8x |
| Mon, 30 Dec 2024 | €3.1b | €4.0b | €29.0m | 13.9x | 108.1x | 0.8x |
| Wed, 27 Nov 2024 | €3.0b | €4.0b | €31.5m | 12.5x | 95.9x | 0.7x |
| Fri, 25 Oct 2024 | €3.2b | €4.1b | €23.9m | 11.8x | 132.7x | 0.8x |
| Sun, 22 Sep 2024 | €3.5b | €4.1b | €25.6m | 16.5x | 138.6x | 0.9x |
| Tue, 20 Aug 2024 | €3.7b | €4.1b | €31.5m | 18.3x | 118x | 0.9x |
| Thu, 18 Jul 2024 | €3.7b | €4.1b | €87.2m | 16.9x | 42.3x | 0.9x |
| Sat, 15 Jun 2024 | €3.7b | €4.1b | €88.2m | 16.9x | 42x | 0.9x |
| Mon, 13 May 2024 | €3.7b | €4.1b | €90.8m | 17.1x | 40.4x | 0.9x |
| Wed, 10 Apr 2024 | €3.6b | €4.1b | €91.5m | 14.3x | 39.6x | 0.9x |
| Fri, 08 Mar 2024 | €3.9b | €4.1b | €95.7m | 10x | 40.2x | 0.9x |
| Sun, 04 Feb 2024 | €4.0b | €4.2b | €95.0m | 11x | 41.6x | 0.9x |
| Tue, 02 Jan 2024 | €3.9b | €4.2b | €94.8m | 12x | 41.3x | 0.9x |
| 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 |
Price to Earnings Ratio
32.7x
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 331x which is higher than its 3-year average PE of 2.6x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 57% per year over the last three years,
- Revenues have also declined 13% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the German Tech industry?
| DE Market | 3.36% | |
| Tech | 4.19% | |
| Electronic Equipment and Components | 4.06% | |
| Technology Distributors | 11.48% | |
| Electronic Equipment and Instruments | 4.37% | |
| Electronic Components | 2.56% | |
| Electronic Manufacturing Services | 0.74% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 48.0x.
- Analysts are expecting annual earnings growth of 31.0%, which is higher than its past year's earnings decline of 42.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 114% over the next 5 years.
- In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 31% 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 | €29.12 | 6.9% +€107.6m | 90.5% | PE24.2x | |
| LPK LPKF Laser & Electronics | €6.69 | 8.3% +€12.5m | -16.4% | PS1.3x | |
| BSL Basler | €12.68 | 2.3% +€8.6m | 70.7% | PE33.5x | |
| BKHT Brockhaus Technologies | €16.30 | 1.6% +€2.6m | 10.1% | PS5.3x | |
| V6C Viscom | €3.80 | 2.7% +€888.5k | 33.8% | PS0.4x |