Narrative Update • Jun 08
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- 7D0.5%
- 3M85.4%
- 1Y117.5%
- YTD95.1%
The Electronic Equipment and Components industry has been flat over the last week, but SHT Smart High-Tech has lost 5.9%. As for the the longer term, the industry is up 117% over the past 12 months. 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 |
|---|---|---|---|---|---|---|
| Tue, 16 Jun 2026 | €6.4b | €2.6b | €41.0m | 25.5x | 156.6x | 2.5x |
| Thu, 14 May 2026 | €5.7b | €2.5b | €33.4m | 29.4x | 170.7x | 2.3x |
| Sat, 11 Apr 2026 | €3.8b | €2.4b | €10.7m | 27.2x | 359.5x | 1.6x |
| Mon, 09 Mar 2026 | €3.9b | €2.6b | -€24,364,810.03 | 36.1x | -158.8x | 1.5x |
| Wed, 04 Feb 2026 | €4.1b | €2.6b | -€28,285,724.59 | 37.2x | -144.9x | 1.5x |
| Fri, 02 Jan 2026 | €3.7b | €2.6b | -€27,830,376.22 | 42.3x | -134.3x | 1.4x |
| Sun, 30 Nov 2025 | €3.7b | €2.6b | -€19,749,999.90 | 40.1x | -186.3x | 1.4x |
| Tue, 28 Oct 2025 | €3.9b | €2.7b | -€14,279,214.83 | 34x | -271.2x | 1.5x |
| Thu, 25 Sep 2025 | €3.7b | €2.7b | -€14,322,121.22 | 37.3x | -259x | 1.4x |
| Sat, 23 Aug 2025 | €3.7b | €2.7b | -€4,163,867.31 | 26.9x | -892.9x | 1.4x |
| Mon, 21 Jul 2025 | €2.9b | €2.7b | €51.4m | 31.8x | 56.6x | 1.1x |
| Wed, 18 Jun 2025 | €2.8b | €3.5b | €17.1m | 27.3x | 166.6x | 0.8x |
| Fri, 16 May 2025 | €2.8b | €3.5b | €22.3m | 25.1x | 127x | 0.8x |
| Sun, 13 Apr 2025 | €2.6b | €3.6b | €22.3m | 14.2x | 114.7x | 0.7x |
| Tue, 11 Mar 2025 | €3.1b | €4.0b | €27.2m | 14.1x | 114.3x | 0.8x |
| Thu, 06 Feb 2025 | €3.1b | €4.0b | €28.9m | 13.3x | 108.8x | 0.8x |
| Sat, 04 Jan 2025 | €3.2b | €4.0b | €29.0m | 14.9x | 109.4x | 0.8x |
| Mon, 02 Dec 2024 | €3.0b | €4.0b | €31.7m | 12.5x | 96.3x | 0.8x |
| Wed, 30 Oct 2024 | €3.1b | €4.1b | €24.0m | 11.4x | 130.6x | 0.8x |
| Fri, 27 Sep 2024 | €3.6b | €4.1b | €25.6m | 16.8x | 139.8x | 0.9x |
| Sun, 25 Aug 2024 | €3.5b | €3.3b | €31.6m | 17.3x | 109.8x | 1x |
| Tue, 23 Jul 2024 | €3.7b | €4.1b | €87.3m | 19.2x | 42.7x | 0.9x |
| Thu, 20 Jun 2024 | €3.7b | €4.1b | €87.0m | 17.4x | 42.2x | 0.9x |
| Sat, 18 May 2024 | €3.7b | €4.1b | €90.8m | 16.5x | 40.7x | 0.9x |
| Mon, 15 Apr 2024 | €3.6b | €4.1b | €89.7m | 14.6x | 39.8x | 0.9x |
| Wed, 13 Mar 2024 | €3.8b | €4.1b | €95.7m | 9.7x | 39.6x | 0.9x |
| Fri, 09 Feb 2024 | €3.7b | €4.1b | €95.1m | 11.1x | 38.8x | 0.9x |
| Sun, 07 Jan 2024 | €3.7b | €4.2b | €94.9m | 11.9x | 39.2x | 0.9x |
| Tue, 05 Dec 2023 | €3.6b | €4.1b | €95.1m | 10.7x | 37.5x | 0.9x |
| Thu, 02 Nov 2023 | €3.2b | €4.1b | €118.8m | 15x | 26.7x | 0.8x |
| Sat, 30 Sep 2023 | €3.4b | €4.1b | €128.6m | 15.6x | 26.6x | 0.8x |
| Mon, 28 Aug 2023 | €3.8b | €4.1b | €129.7m | 17.3x | 29.2x | 0.9x |
| Wed, 26 Jul 2023 | €4.1b | €3.9b | €117.9m | 19.7x | 34.9x | 1.1x |
| Fri, 23 Jun 2023 | €4.3b | €3.7b | €121.6m | 21.5x | 35.8x | 1.2x |
Price to Earnings Ratio
35.8x
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 157x which is higher than its 3-year average PE of 17.7x.
- 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 | 0.72% | |
| Tech | -4.65% | |
| Electronic Equipment and Components | 0.52% | |
| Electronic Equipment and Instruments | 2.41% | |
| Electronic Manufacturing Services | -1.52% | |
| Electronic Components | -5.69% | |
| Technology Distributors | -24.92% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.0x.
- Analysts are expecting annual earnings growth of 33.6%, 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 | |
|---|---|---|---|---|---|
| JEN Jenoptik | €44.92 | 2.9% +€73.3m | 134.4% | PE33.7x | |
| LPK LPKF Laser & Electronics | €22.10 | 14.8% +€69.7m | 171.8% | PS4.7x | |
| BSL Basler | €27.30 | 3.8% +€30.8m | 174.6% | PE42.2x | |
| FEV FORTEC Elektronik | €13.35 | 3.1% +€1.3m | -19.6% | PE69.8x | |
| BKHT Brockhaus Technologies | €19.10 | 0.5% +€1.0m | 32.2% | PS6.4x |