Narrative Update • Jun 08
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- 7D6.5%
- 3M91.8%
- 1Y123.7%
- YTD98.2%
The Electronic Equipment and Components is pretty flat in the last 7 days, but LPKF Laser & Electronics has stood out, gaining 37%. As for the the longer term, the industry is up 114% over the past 12 months. As for the next few years, earnings are expected to grow by 33% 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, 18 Jun 2026 | €6.6b | €2.6b | €41.0m | 25.5x | 161.8x | 2.6x |
| Sat, 16 May 2026 | €5.8b | €2.6b | €38.2m | 25.5x | 151x | 2.2x |
| Mon, 13 Apr 2026 | €3.9b | €2.4b | €10.7m | 27.2x | 360.8x | 1.6x |
| Wed, 11 Mar 2026 | €3.8b | €2.6b | -€24,368,502.25 | 36x | -157x | 1.5x |
| Fri, 06 Feb 2026 | €4.0b | €2.6b | -€30,117,543.01 | 37.7x | -134.1x | 1.5x |
| Sun, 04 Jan 2026 | €3.8b | €2.6b | -€27,857,412.08 | 42.4x | -136x | 1.4x |
| Tue, 02 Dec 2025 | €3.7b | €2.6b | -€20,481,060.71 | 43.4x | -178.7x | 1.4x |
| Thu, 30 Oct 2025 | €3.8b | €2.7b | -€14,277,271.60 | 34.4x | -267.8x | 1.4x |
| Sat, 27 Sep 2025 | €3.7b | €2.7b | -€14,348,655.32 | 38.3x | -256.6x | 1.4x |
| Mon, 25 Aug 2025 | €3.7b | €2.7b | -€4,163,867.31 | 26.9x | -891.3x | 1.4x |
| Wed, 23 Jul 2025 | €2.8b | €2.7b | €51.4m | 29.6x | 55.2x | 1.1x |
| Fri, 20 Jun 2025 | €2.8b | €3.5b | €17.1m | 27.2x | 163.5x | 0.8x |
| Sun, 18 May 2025 | €2.8b | €3.5b | €22.3m | 25x | 126.5x | 0.8x |
| Tue, 15 Apr 2025 | €2.6b | €3.6b | €22.3m | 13.9x | 116.6x | 0.7x |
| Thu, 13 Mar 2025 | €3.1b | €4.0b | €27.2m | 13.6x | 113.2x | 0.8x |
| Sat, 08 Feb 2025 | €3.1b | €4.0b | €28.9m | 13.6x | 108.7x | 0.8x |
| Mon, 06 Jan 2025 | €3.2b | €4.0b | €29.0m | 14.9x | 109.5x | 0.8x |
| Wed, 04 Dec 2024 | €3.0b | €4.0b | €29.0m | 13.4x | 103.8x | 0.7x |
| Fri, 01 Nov 2024 | €3.1b | €4.1b | €24.0m | 11.5x | 128.5x | 0.8x |
| Sun, 29 Sep 2024 | €3.6b | €4.1b | €25.6m | 16.8x | 140.3x | 0.9x |
| Tue, 27 Aug 2024 | €3.4b | €3.3b | €31.6m | 17.7x | 109.2x | 1x |
| Thu, 25 Jul 2024 | €3.7b | €4.1b | €87.3m | 18.5x | 42.1x | 0.9x |
| Sat, 22 Jun 2024 | €3.6b | €4.1b | €87.0m | 18.3x | 41.9x | 0.9x |
| Mon, 20 May 2024 | €3.7b | €4.1b | €85.8m | 16.8x | 43x | 0.9x |
| Wed, 17 Apr 2024 | €3.5b | €4.1b | €87.9m | 12.2x | 40.4x | 0.9x |
| Fri, 15 Mar 2024 | €3.8b | €4.1b | €95.7m | 9.8x | 39.6x | 0.9x |
| Sun, 11 Feb 2024 | €3.7b | €4.1b | €95.1m | 11x | 39x | 0.9x |
| Tue, 09 Jan 2024 | €3.8b | €4.2b | €94.9m | 11.7x | 39.5x | 0.9x |
| Thu, 07 Dec 2023 | €3.6b | €4.1b | €95.1m | 10.9x | 38.4x | 0.9x |
| Sat, 04 Nov 2023 | €3.3b | €4.1b | €118.7m | 15.4x | 28.2x | 0.8x |
| Mon, 02 Oct 2023 | €3.4b | €4.1b | €128.6m | 15.6x | 26.6x | 0.8x |
| Wed, 30 Aug 2023 | €3.9b | €4.1b | €129.7m | 16.9x | 29.7x | 0.9x |
| Fri, 28 Jul 2023 | €4.1b | €3.9b | €117.9m | 19.8x | 34.4x | 1x |
| Sun, 25 Jun 2023 | €4.3b | €3.7b | €121.5m | 21.3x | 35x | 1.1x |
Price to Earnings Ratio
35x
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 156x which is higher than its 3-year average PE of 17.9x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 30% per year over the last three years,
- Revenues have also declined 12% 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 | 2.42% | |
| Tech | -1.92% | |
| Electronic Equipment and Components | 6.52% | |
| Electronic Equipment and Instruments | 8.01% | |
| Electronic Components | 2.30% | |
| Electronic Manufacturing Services | 2.22% | |
| Technology Distributors | -26.35% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.1x.
- Analysts are expecting annual earnings growth of 33.2%, which is higher than its past year's earnings decline of 41.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 41% over the next 5 years.
- However this is lower than its past earnings growth rate of 88% per year.
- In contrast, the Electronic Components industry is expected to see its earnings decline by 6.4% 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 | |
|---|---|---|---|---|---|
| LPK LPKF Laser & Electronics | €25.60 | 36.9% +€168.7m | 212.6% | PS5.5x | |
| JEN Jenoptik | €44.74 | 4.9% +€120.2m | 138.1% | PE33.5x | |
| BSL Basler | €28.15 | 8.7% +€69.2m | 191.1% | PE43.5x | |
| EVAC electrovac | €7.94 | 3.5% +€4.3m | n/a | PE15.4x | |
| M7U Nynomic | €19.35 | 2.9% +€3.6m | 36.3% | PS1.4x |