Narrative Update • Jun 08
Have your own idea? Try our Stock Screener
- 7D4.2%
- 3M101.2%
- 1Y129.7%
- YTD104.4%
In the last week, the Electronic Equipment and Components industry is up 8.3%, with LPKF Laser & Electronics leading the way with a 29% gain. During this same period, the Nynomic underperformed, falling 6.9%. This takes the industry's 12 month performance to a gain of 133%. Looking forward, earnings are forecast to grow by 35% 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 |
|---|---|---|---|---|---|---|
| Mon, 22 Jun 2026 | €6.9b | €2.6b | €41.1m | 26.4x | 167.2x | 2.7x |
| Wed, 20 May 2026 | €5.6b | €2.6b | €37.8m | 28.6x | 147.8x | 2.2x |
| Fri, 17 Apr 2026 | €4.4b | €2.4b | €10.6m | 26.7x | 409.8x | 1.8x |
| Sun, 15 Mar 2026 | €3.7b | €2.6b | -€24,193,407.61 | 35.6x | -153.3x | 1.4x |
| Tue, 10 Feb 2026 | €4.0b | €2.6b | -€30,193,950.95 | 37.7x | -133.3x | 1.5x |
| Thu, 08 Jan 2026 | €3.8b | €2.6b | -€27,966,647.45 | 42.1x | -137.5x | 1.5x |
| Sat, 06 Dec 2025 | €3.6b | €2.6b | -€27,634,520.55 | 39.2x | -130.5x | 1.4x |
| Mon, 03 Nov 2025 | €3.8b | €2.7b | -€14,772,008.24 | 34.7x | -255.3x | 1.4x |
| Wed, 01 Oct 2025 | €3.7b | €2.7b | -€14,314,836.84 | 38.6x | -261x | 1.4x |
| Fri, 29 Aug 2025 | €3.7b | €2.7b | -€4,248,773.25 | 25.2x | -870.8x | 1.4x |
| Sun, 27 Jul 2025 | €2.8b | €2.7b | €54.6m | 29x | 51.5x | 1x |
| Tue, 24 Jun 2025 | €2.8b | €3.5b | €17.1m | 27.6x | 165x | 0.8x |
| Thu, 22 May 2025 | €2.8b | €3.5b | €27.3m | 28x | 102.1x | 0.8x |
| Sat, 19 Apr 2025 | €2.6b | €3.6b | €22.3m | 14.4x | 117.9x | 0.7x |
| Mon, 17 Mar 2025 | €3.1b | €4.0b | €27.2m | 13.9x | 114.3x | 0.8x |
| Wed, 12 Feb 2025 | €3.2b | €4.0b | €28.9m | 13.4x | 109x | 0.8x |
| Fri, 10 Jan 2025 | €3.2b | €4.0b | €29.0m | 14.8x | 110.4x | 0.8x |
| Sun, 08 Dec 2024 | €3.1b | €4.0b | €29.0m | 13.7x | 105.6x | 0.8x |
| Tue, 05 Nov 2024 | €3.1b | €4.1b | €24.0m | 11.8x | 127.6x | 0.8x |
| Thu, 03 Oct 2024 | €3.6b | €4.1b | €25.5m | 14.3x | 140.2x | 0.9x |
| Sat, 31 Aug 2024 | €3.7b | €4.1b | €31.5m | 17.4x | 117.5x | 0.9x |
| Mon, 29 Jul 2024 | €3.7b | €4.1b | €86.4m | 18.5x | 42.3x | 0.9x |
| Wed, 26 Jun 2024 | €3.6b | €4.1b | €87.0m | 18.4x | 41.9x | 0.9x |
| Fri, 24 May 2024 | €3.5b | €3.3b | €87.8m | 18.9x | 39.8x | 1.1x |
| Sun, 21 Apr 2024 | €3.4b | €4.1b | €87.9m | 12.1x | 39.1x | 0.8x |
| Tue, 19 Mar 2024 | €3.8b | €4.1b | €95.8m | 9.7x | 39.7x | 0.9x |
| Thu, 15 Feb 2024 | €3.7b | €4.1b | €95.1m | 10.8x | 39.3x | 0.9x |
| Sat, 13 Jan 2024 | €3.8b | €4.2b | €94.9m | 11.5x | 40.5x | 0.9x |
| Mon, 11 Dec 2023 | €3.7b | €4.1b | €95.1m | 11.1x | 38.4x | 0.9x |
| Wed, 08 Nov 2023 | €3.3b | €4.1b | €119.2m | 16.2x | 28x | 0.8x |
| Fri, 06 Oct 2023 | €3.3b | €4.1b | €128.4m | 15.6x | 25.8x | 0.8x |
| Sun, 03 Sep 2023 | €3.8b | €4.1b | €128.8m | 16.9x | 29.5x | 0.9x |
| Tue, 01 Aug 2023 | €4.1b | €3.9b | €116.8m | 20.3x | 34.7x | 1x |
| Thu, 29 Jun 2023 | €4.2b | €3.7b | €121.6m | 21.2x | 34.9x | 1.1x |
Price to Earnings Ratio
34.9x
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 167x which is higher than its 3-year average PE of 18.3x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.7x.
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 | -0.24% | |
| Tech | -2.79% | |
| Electronic Equipment and Components | 4.18% | |
| Electronic Equipment and Instruments | 7.85% | |
| Electronic Manufacturing Services | -0.73% | |
| Electronic Components | -7.36% | |
| Technology Distributors | -26.41% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.5x.
- Analysts are expecting annual earnings growth of 35.2%, 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 42% 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 6.5% 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 | €29.50 | 29.4% +€163.8m | 255.9% | PS6.3x | |
| JEN Jenoptik | €46.96 | 6.4% +€162.6m | 155.1% | PE35.2x | |
| BSL Basler | €31.45 | 17.4% +€143.0m | 208.3% | PE48.6x | |
| 7H6 SHT Smart High-Tech | €4.49 | 17.1% +€19.6m | 245.9% | PS247.8x | |
| EVAC electrovac | €7.94 | 3.5% +€4.3m | n/a | PE15.4x |