Is Nynomic AG (ETR:M7U) Trading At A 39% Discount?
Nov 22
German (DAX) Electronic Equipment and Components Industry Analysis
UpdatedNov 27, 2022
DataAggregated Company Financials
Companies21
- 7D1.2%
- 3M21.1%
- 1Y-24.1%
- YTD-29.1%
Over the last 7 days, the Electronic Equipment and Components industry has risen 1.2%, driven by gains from Brockhaus Technologies of 27%. However, the industry is down 24% over the past year. As for the next few years, earnings are expected to grow by 29% 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 |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | €4.4b | €3.6b | €136.3m | 27.3x | 32.3x | 1.2x |
| Tue, 25 Oct 2022 | €3.5b | €3.3b | €124.1m | 20.9x | 28x | 1.1x |
| Thu, 22 Sep 2022 | €3.6b | €3.3b | €109.1m | 19.3x | 33.4x | 1.1x |
| Sat, 20 Aug 2022 | €3.8b | €3.3b | €113.0m | 17.2x | 34x | 1.2x |
| Mon, 18 Jul 2022 | €3.8b | €3.2b | €85.8m | 18.6x | 44.1x | 1.2x |
| Wed, 15 Jun 2022 | €3.8b | €3.2b | €88.4m | 22.2x | 43x | 1.2x |
| Fri, 13 May 2022 | €4.1b | €3.1b | €100.3m | 21.9x | 41.2x | 1.3x |
| Sun, 10 Apr 2022 | €4.4b | €3.1b | €114.4m | 20.1x | 38.3x | 1.4x |
| Tue, 08 Mar 2022 | €4.4b | €3.2b | €106.0m | 20.4x | 41.8x | 1.4x |
| Thu, 03 Feb 2022 | €5.4b | €3.2b | €107.2m | 24.7x | 50.1x | 1.7x |
| Sat, 01 Jan 2022 | €6.1b | €3.2b | €110.5m | 27.8x | 55.6x | 1.9x |
| Mon, 29 Nov 2021 | €5.8b | €3.2b | €110.9m | 27.1x | 52.3x | 1.8x |
| Wed, 27 Oct 2021 | €6.0b | €3.1b | €92.6m | 28.3x | 64.5x | 1.9x |
| Fri, 24 Sep 2021 | €5.9b | €3.1b | €93.4m | 30.5x | 63.6x | 1.9x |
| Sun, 22 Aug 2021 | €5.5b | €3.3b | €101.8m | 27.9x | 53.7x | 1.7x |
| Fri, 09 Jul 2021 | €4.9b | €3.3b | €101.8m | 24.9x | 47.7x | 1.5x |
| Thu, 01 Apr 2021 | €4.5b | €2.6b | €59.8m | 31.6x | 74.6x | 1.7x |
| Sun, 03 Jan 2021 | €4.3b | €2.6b | €48.2m | 26.7x | 89.3x | 1.7x |
| Wed, 07 Oct 2020 | €3.6b | €2.6b | €44.3m | 27.8x | 82.1x | 1.4x |
| Tue, 30 Jun 2020 | €3.2b | €2.5b | €73.3m | 31.4x | 43.5x | 1.3x |
| Fri, 03 Apr 2020 | €2.4b | €2.6b | €94.7m | 18.7x | 24.9x | 0.9x |
| Mon, 06 Jan 2020 | €3.5b | €2.7b | €114.9m | 26.9x | 30.8x | 1.3x |
Price to Earnings Ratio
27.6x
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 32.3x which is lower than its 3-year average PE of 52.6x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 10% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the German Tech industry?
| DE Market | 0.51% | |
| Tech | 0.47% | |
| Electronic Equipment and Components | 1.15% | |
| Technology Distributors | 3.72% | |
| Electronic Equipment and Instruments | 1.23% | |
| Electronic Manufacturing Services | 0.65% | |
| Electronic Components | 0.19% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry even though it's trading below its 3-year average PE ratio of 44.2x.
- Analysts expect its future annual earnings growth (24.8%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 68% over the next 5 years.
- However this is lower than its past earnings growth rate of 133% per year.
- In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| BKHT Brockhaus Technologies | €25.60 | 26.7% +€59.1m | 4.1% | PE412.2x | |
| M7U Nynomic | €37.30 | 4.3% +€9.1m | -10.1% | PE27.8x | |
| KTEK KATEK | €18.55 | 1.9% +€4.6m | -33.8% | PS0.4x | |
| MBQ Mobotix | €3.30 | 4.8% +€2.0m | -37.1% | PS0.7x | |
| NXR NeXR Technologies | €1.32 | 29.4% +€1.9m | -26.7% | PS8.4x |
