Narrative Update • Jun 08
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- 7D3.4%
- 3M93.2%
- 1Y120.8%
- YTD95.5%
In the last week, the Electronic Equipment and Components industry is up 3.4%, with LPKF Laser & Electronics up 23%. During this same period, the Nynomic underperformed, falling 5.6%. This means that the industry has gained 121% over the past year. 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 |
|---|---|---|---|---|---|---|
| Fri, 19 Jun 2026 | €6.6b | €2.6b | €41.1m | 25.3x | 159.5x | 2.6x |
| Sun, 17 May 2026 | €5.8b | €2.6b | €38.2m | 25.5x | 151.1x | 2.2x |
| Tue, 14 Apr 2026 | €4.1b | €2.4b | €10.6m | 28x | 381.8x | 1.7x |
| Thu, 12 Mar 2026 | €3.8b | €2.6b | -€24,353,538.34 | 35.9x | -155.1x | 1.4x |
| Sat, 07 Feb 2026 | €4.0b | €2.6b | -€30,137,197.18 | 37.8x | -133.1x | 1.5x |
| Mon, 05 Jan 2026 | €3.8b | €2.6b | -€27,857,412.08 | 42.4x | -136x | 1.4x |
| Wed, 03 Dec 2025 | €3.6b | €2.6b | -€20,546,269.55 | 43.8x | -175x | 1.4x |
| Fri, 31 Oct 2025 | €3.8b | €2.7b | -€14,275,807.36 | 34.7x | -266.7x | 1.4x |
| Sun, 28 Sep 2025 | €3.7b | €2.7b | -€14,348,655.32 | 38.3x | -257.1x | 1.4x |
| Tue, 26 Aug 2025 | €3.7b | €2.7b | -€4,158,468.62 | 26.9x | -890.4x | 1.4x |
| Thu, 24 Jul 2025 | €2.8b | €2.7b | €51.4m | 28.4x | 55.1x | 1x |
| Sat, 21 Jun 2025 | €2.8b | €3.5b | €17.1m | 27.8x | 163.7x | 0.8x |
| Mon, 19 May 2025 | €2.8b | €3.5b | €23.0m | 25x | 122.8x | 0.8x |
| Wed, 16 Apr 2025 | €2.6b | €3.6b | €22.4m | 14.4x | 118.4x | 0.7x |
| Fri, 14 Mar 2025 | €3.1b | €4.0b | €27.2m | 13.5x | 112.2x | 0.8x |
| Sun, 09 Feb 2025 | €3.1b | €4.0b | €28.9m | 13.6x | 108.7x | 0.8x |
| Tue, 07 Jan 2025 | €3.3b | €4.0b | €29.0m | 15.8x | 112.4x | 0.8x |
| Thu, 05 Dec 2024 | €3.0b | €4.0b | €29.0m | 13.5x | 105.2x | 0.8x |
| Sat, 02 Nov 2024 | €3.0b | €4.1b | €24.0m | 11.7x | 126x | 0.7x |
| Mon, 30 Sep 2024 | €3.6b | €4.1b | €25.6m | 16.8x | 140.3x | 0.9x |
| Wed, 28 Aug 2024 | €3.7b | €4.1b | €31.5m | 17.3x | 117.5x | 0.9x |
| Fri, 26 Jul 2024 | €3.7b | €4.1b | €87.3m | 18.4x | 41.9x | 0.9x |
| Sun, 23 Jun 2024 | €3.6b | €4.1b | €87.0m | 18.3x | 41.9x | 0.9x |
| Tue, 21 May 2024 | €3.7b | €4.1b | €85.7m | 16.9x | 43.6x | 0.9x |
| Thu, 18 Apr 2024 | €3.5b | €4.1b | €88.0m | 12.2x | 39.6x | 0.8x |
| Sat, 16 Mar 2024 | €3.8b | €4.1b | €95.8m | 9.7x | 39.6x | 0.9x |
| Mon, 12 Feb 2024 | €3.7b | €4.1b | €95.1m | 11x | 39x | 0.9x |
| Wed, 10 Jan 2024 | €3.8b | €4.2b | €94.9m | 11.5x | 39.7x | 0.9x |
| Fri, 08 Dec 2023 | €3.6b | €4.1b | €95.0m | 11.1x | 37.8x | 0.9x |
| Sun, 05 Nov 2023 | €3.3b | €4.1b | €116.7m | 15.4x | 28.6x | 0.8x |
| Tue, 03 Oct 2023 | €3.4b | €4.1b | €128.6m | 15.7x | 26.6x | 0.8x |
| Thu, 31 Aug 2023 | €3.8b | €4.1b | €129.6m | 17x | 29.5x | 0.9x |
| Sat, 29 Jul 2023 | €4.1b | €3.9b | €116.8m | 20.1x | 34.8x | 1x |
| Mon, 26 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 159x which is higher than its 3-year average PE of 18.0x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.6x.
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 | 2.37% | |
| Tech | 0.58% | |
| Electronic Equipment and Components | 3.42% | |
| Electronic Equipment and Instruments | 5.07% | |
| Electronic Manufacturing Services | 3.58% | |
| Electronic Components | -2.22% | |
| Technology Distributors | -23.99% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.2x.
- Analysts are expecting annual earnings growth of 34.8%, 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 6.4% 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 | €26.00 | 23.2% +€119.8m | 215.2% | PS5.5x | |
| BSL Basler | €29.40 | 11.6% +€93.8m | 195.5% | PE45.5x | |
| JEN Jenoptik | €43.92 | 1.0% +€25.2m | 138.7% | PE32.9x | |
| 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 |